Risk management in the implementation of an IT-project to create a corporate data warehouse in a bank

The need to assess risks when implementing a project to create a corporate data warehouse in a bank is due to a number of factors. When assessing the risk, there is uncertainty about the likelihood of its occurrence, and in what effect it will have on the project. When assessing risks, there is uncertainty about the likelihood of their occurrence and the impact they will have on the project. Risk assessment before the start of the project will help to plan the project budget in the light of unforeseen expenses. In the article is presented the risks classification on the IT project in accordance with the subject area, which is a source of risk. The authors suggest a new approach to risk management in the implementation of the IT project to create a corporate data warehouse in a bank that not only reduces the impact of many risks, but also identifies new risks associated with its implementation. To identify and categorize potential risks and understand their relationships, a risk linkage map has been constructed. Using the method of solution analysis, an integrated risk assessment was designed. In order to effectively monitor risks, it was suggested to analyze the dynamics of the main indicators of risk assessment using data visualization in MS Excel that allows you to adjust the action in the event of unforeseen circumstances.

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