Risk management in challenging business software projects

Today's business processes are dealing with sophisticated business-to-business relationships and elaborate software integrations in order to allow all application systems along the process chain to communicate and cooperate with each other. This makes business software projects increasingly complex and creates risks ranging from overspending to project failure. During the last few years several methodologies have emerged that help to reduce or even eliminate dangerous risk factors in business software projects. However, applying those methodologies to modern and complex e-business software projects is becoming more and more difficult, if not impossible. In most cases only suboptimal solutions are created.