Literature Analysis of Risk Factors in Information System Development Projects
Information systems development projects are notorious of their high rate of failure. This has been noted as early
as 1970. Since then, risk management has been given more attention to study the phenomena of software projects failure.
Different approaches and methods were developed in an attempt to decrease the rate of failure in information system
development projects. This paper takes a journey in literature analyzing different journals in an attempt to collect different
risk factors and affecting the success of software projects. Risk factors taxonomy were reviewed from different papers
addressing the issues of risk factors in software development projects in the past decade. The paper then identified 57 risk
factors from literature. The results of this paper are prospectively important to risk assessment and overall project success.
The produced list could be use as a knowledge base for scholars and practitioners in the field of identifying risk in
information systems development projects.
Keywords - Risk Factor, Information System Development Project, Causality Relations.