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Why is the use of risk management techniques becoming increasingly significant in IS projects?
IS projects:
It is like projects in many other disciplines, are becoming increasingly complicated, with modern technologies, demanding business objectives and multi-party contractual arrangements. When complexity raises, then does risk and the requirement to manage this in a more formal and structured way. In addition to that, for projects undertaken through external suppliers, there has been a slow movement in the direction of fixed-price contracting, that tends to shift the risk through the customer onto the supplier and hence causes the supplier to take risk much more seriously.
summarize the basic tenets of the arguments in this case?
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