Risks and risk management in the development of information system

Information system development is special and complicated system engineering which requires huge investment and is characteristic of long development cycle, high technical demand, as well as a tendency to be affected by multiple factors. With the economic growth of China and the coming into being of information-based society in 21st century, the requirements on information system development has become more and more demanding while investment in it is ever increasing. Risk analysis and management has also become a critical link in ensuring the success of information system development.