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What Risks can you Face in a Business IT Project

What Risks can you Face in a Business IT Project

What Risks Can You Face In a Business IT Project – There are many risks that IT projects can face, as well as the types of projects to develop, from a website or the merger of a database to programming a mobile application or changing an old server.

In this article, we will tell you in great detail the risks associated with computer projects in some of their development stages. Keep reading!

5 Examples Of IT Projects In Companies

Resulting, we will talk about some of the leading computer projects that are currently being developed in organizations:

  • Custom software development. Behind these projects is an advanced methodology that is far remove from traditional methods, leaving waterfall methods behind and moving towards agility (Scrum and Kanban).
  • Process automation. It is a technique used to simplify and improve the efficiency of processes. It follows a methodology that aims to eliminate repetitive tasks and improve the quality of the results.
  • Low code. It is a way of developing software that uses pre-built components to simplify and speed up the coding process. It can be considered a form of visual programming.
  • Implementation of Business Intelligence (BI). Companies need to analyze their data to make strategic decisions and improve performance.
  • eCommerce Development. Companies that want to sell online products need a robust and reliable e-commerce platform.

Pay devotion to the following lines to know these types of project risks.

Why Do IT Projects Fail? 9 Risks – What Risks Can You Face In a Business IT Project

These projects are coordinated and interrelated activities that aim to achieve a specific goal using limited resources. However, they are not without risk, so we advise you to take note of the incidents that can cause a business interruption:

  • Unplanned incidents, such as software glitches or natural disasters. Performance failures when the software does not work optimally, fires or floods, among others.
  • Lack of system compatibility. The software can not be compatible with your hardware or operating system.
  • Poor code quality. There can be many reasons why the code of an IT project is not of quality: that the development team is not well coordinate, that the code is poorly structure or that there are coding errors.
  • Poor project management. It can  begun by several factors, such as poor planning, lack of communication and resources, or poor follow-through.
  • Loss of essential data cause by cyber-attacks. When a cyber-attack occurs, project data can be compromise. This happens if data is stolen, access to the system is block, etc. In either case, the result is data loss and a possible negative impact on the project unless the company has a disaster recovery system.
  • Human errors can be spelling, logic, compilation, execution, or others.
  • Errors in the design include poor planning, programming, lack of testing, or poor implementation.
  • Lack of documentation can lead to difficulties in monitoring and maintaining the source code, problems with the correct execution of the project, incompatibility with the tools and libraries used, and lack of coherence and consistency in the code.
  • Usability problems when the software is complicate for the user to use or understand.

However, preventing the risks of a computer project is key to avoiding delays or increased costs. In some bags, they can even cause the project to fail.

Do you have any specific questions about the most common risks of a computer project? Remember to set up a meeting with one of our project experts and get the result you’ve always dreamed of.

Bonus: How to prevent data loss from a computer project

Have you ever wondered why 98% of IT innovations fail before release? ( CIO )

One of the most common IT project risks is number five on the list above: data loss. This risk can be cause by various factors, including faulty hardware or software, unauthorized data access, user error, viruses, or cyber-attacks.

The impact of data loss can be substantial on a company’s ability to conduct business and its reputation. Therefore, it is consider one of the main risks in computer projects. However all is not lost. The loss of information can be prevent in several ways. Pay close attention!

  • A disaster data recovery and a backup plan should be establish. This plan must include using backup copies, data replication, and action protocols against risks.
  • Policies and procedures should be establish for the security of project data. These should include data protection against unauthorized access, unwanted data removal, and sensitive information encryption.
  • Backups should be implement, and a version control system should be use to track and roll back changes to the project.
  • Users should be train on the importance of data security in the project and at a general level.
  • The backup system and data recovery plan should be test regularly.

In short, preventing data loss is essential because data is the foundation of project information, and that information is key to making effective decisions. Get ready to face the risks of your business IT project successfully,

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