Q: Which of the following types of risk assessment techniques are being used on your current IT project?
Cutter's third comprehensive survey of Risk Management found cost-benefit analysis as the most popular technique used in 2013. The results were almost identical to the 2002 and 2006 survey results with the exception of an increase in popularity of decision trees over risk taxonomies; perhaps the risk taxonomies once pushed hard by the SEI are starting to fall out of favor. Another item of note, according to Cutter Fellow Bob Charette, is the increased use of cost-benefit analysis, "up from approximately 60% in 2006 and 2002. This seems to reinforce ... that financial concerns are overwhelmingly driving risk-related decisions on projects in organizations."
* Excerpted from "Risk Management 2013: A Comprehensive Survey (Part II)," (
) Business Technology Strategies Executive Update, Vol. 16 No. 18.