IDEAS home Printed from https://ideas.repec.org/a/gam/jjrfmx/v16y2023i2p129-d1071025.html
   My bibliography  Save this article

The AGP Model for Risk Management in Agile I.T. Projects

Author

Listed:
  • Sanjeet Singh

    (University Centre for Research and Development, Chandigarh University, Mohali 140413, India)

  • Geetika Madaan

    (University Centre for Research and Development, Chandigarh University, Mohali 140413, India)

  • Amrinder Singh

    (Jain University, Bengaluru 560069, India)

  • Kiran Sood

    (Chitkara Business School, Chitkara University, Rajpura 140401, India)

  • Simon Grima

    (Department of Insurance, Faculty of Economics Management and Accountancy, University of Malta, MSD 2080 Msida, Malta
    Faculty of Business, Management and Economics, University of Latvia, LV-1586 Riga, Latvia)

  • Ramona Rupeika-Apoga

    (Faculty of Business, Management and Economics, University of Latvia, LV-1586 Riga, Latvia)

Abstract

The vast majority of articles on risk in agile-managed projects fail to adequately address the interplay between the agile methodology, the risk management process, and the elements that ultimately determine the success or failure of the project. Too frequently, processes and models are given undue priority over the human element. The aim of this article is to create a risk management model for agile I.T. projects (AGP model). The study sample consists of 1868 valid survey responses from European and Asian countries received between February 2022 and January 2023. We subjected the data to Exploratory Factor Analysis (EFA) and Cronbach’s alpha to identify four key factors for dealing with risks in I.T. projects and create the AGP model. The proposed AGP model outlines up to 76% variability in the potential risks that could arise during an I.T. project’s deployment. The findings of this study are critical for project managers, I.T. professionals, developers, and system architects involved in I.T. projects. Other stakeholders may be interested in understanding the risks associated with the project and developing strategies to mitigate these risks.

Suggested Citation

  • Sanjeet Singh & Geetika Madaan & Amrinder Singh & Kiran Sood & Simon Grima & Ramona Rupeika-Apoga, 2023. "The AGP Model for Risk Management in Agile I.T. Projects," JRFM, MDPI, vol. 16(2), pages 1-12, February.
    • Handle: RePEc:gam:jjrfmx:v:16:y:2023:i:2:p:129-:d:1071025
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1911-8074/16/2/129/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1911-8074/16/2/129/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Simon Grima & Murat Kizilkaya & Kiran Sood & Mehmet ErdemDelice, 2021. "The Perceived Effectiveness of Blockchain for Digital Operational Risk Resilience in the European Union Insurance Market Sector," JRFM, MDPI, vol. 14(8), pages 1-15, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Parminder Varma & Shivinder Nijjer & Kiran Sood & Simon Grima & Ramona Rupeika-Apoga, 2022. "Thematic Analysis of Financial Technology (Fintech) Influence on the Banking Industry," Risks, MDPI, vol. 10(10), pages 1-17, September.
    2. Iskender Peker & Ilker Murat AR & Ismail Erol & Cory Searcy, 2023. "Leveraging blockchain in response to a pandemic through disaster risk management: an IF-MCDM framework," Operations Management Research, Springer, vol. 16(2), pages 642-667, June.
    3. Annie Caruana & Peter J. Baldacchino & Norbert Tabone3 & Lauren Ellul4 Simon Grima5 & 6, 2023. "The Board Mix of Maltese Listed Entities and its Corporate Governance Implications," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 381-405.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jjrfmx:v:16:y:2023:i:2:p:129-:d:1071025. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.