Dinesha Madurangi, Badde Vithanalage (2025) Effectiveness of Early Risk Assessment in Enhancing IT Project Success in Sri Lanka. Masters thesis, York St John University.

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Abstract

The research on the effectiveness of early risk assessment as a method of promoting Information Technology (IT) projects in Sri Lanka. With the ongoing digitalization of the country, IT projects tend to reach a high failure rate when it comes to not having proper risk identification and response planning at the early stages. Based on the theoretical perspectives like PMBOK, ISO 31000, and the Resource-Based View of the risks, as well as empirical data, the paper will explore the impact of organized risk identification and active reaction plans that could be applied at an early stage on the project delivery outcomes, such as adherence to the budget, on-time completion, and customer satisfaction. Through quantitative mono-method research design, three hundred seventy- four IT professionals who worked in different sectors got their data through structured Likert-scale questionnaires. Two hypotheses, relationship between early risk identification and project success, relationship between risk response and project success were tested with the help of statistical tools such as regression and reliability analysis performed with the help of SPSS. The outcomes were highly positive correlations and high internal consistency (Cronbach Alpha > 0.9), which proved that both early risk identification and response planning in structure are very powerful indicators of the success of IT project. Other impediments that were also identified by the study to deter risk management practices in the Sri Lankan environment include training, lack of executive support and financial prospects among others. It is proposed that official risk management frameworks be made institutional, training programs improved, and stakeholder interaction better. The results add on to academic research and can be used by IT managers, policies as well as researchers interested in enhancing project governance and the success rate of IT projects in emerging nations such as Sri Lanka.

Item Type:	Thesis (Masters)
Status:	Unpublished
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
School/Department:	London Campus
URI:	https://ray.yorksj.ac.uk/id/eprint/13262

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