Domain: IT Industry
Assertion #59: Risk management will become pervasive in organizations that undertake IT system construction or procurement.
Syllabus
The discipline of risk management is explicitly focused on endeavors where the unknowns are large and potentially critical. This has always been the character of IT projects, but through the 1990s, the principles of risk management have frequently been honored only in the breach: organizations doing risky IT work routinely understated the extent of their risks in order to prolong funding.