Risk Management for Software Projects in Banking

Abstract

The management techniques for projects are critical to the success of large financial software projects. Project management is systematically monitored and controlled by establishing a baseline based on scope, schedule, and cost. In addition, risk management must be managed to identify and respond to risks in advance for the entire project. The study of risk management for most financial software projects is either a theoretical proposal with no empirical assessment or a case study of a similar project. Therefore, in this paper, authors would like to conduct research in real core banking project site in Vietnam which helps to know the method of process improvement, risk management, and results in various project situations as well.