Aggregative risk assessment model for information technology project development

Any development of information technology (IT) project entails some level of risk. Reasonable risk analysis can enhance the chance of successful electronic business project implementation. In this paper, related risk assessment indexes associated with IT project development are put forward from the aspect of personnel, system requirement, schedules and budges, developing technology, external resource and performance. At the same time, a risk assessment model is proposed by using of fuzzy set and grey theory and its effectiveness and feasibility are tested in a practical example. The model can assist the decision-makers to understand the current risks more intensively and assess the overall risks in a more exact way.