2. Perform Internet research to learn more about project risk management, and write a summary of the results. Be sure to search for a book titled Waltzing with Bears: Managing Risk on Software Projects, by Tom Demarco and Timothy Lister.

What will be an ideal response?


The chapter points out that every IT project involves risks that systems analysts and IT project managers must address. A risk is an event that could affect the project negatively. Risk management is the process of identifying, evaluating, tracking, and controlling risks to minimize their impact. An Internet search should produce numerous articles, Web sites, and information about risk management. The book by DeMarco and Lister is especially interesting to an IT student. According to the publisher, “by ignoring the threat of negative outcomes—in the name of positive thinking or a can-do attitude—software managers drive their organizations into the ground.” The publisher claims that in this book, the authors show readers how to identify and embrace worthwhile risks. Developers are then set free to push the limits.

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