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The new notion of maturity-independent risk measures is introduced and contrasted with the existing risk measurement concepts. It is shown, by means of two examples, one set on a finite probability space and the other in a diffusion…

Risk Management · Quantitative Finance 2008-12-02 Thaleia Zariphopoulou , Gordan Zitkovic

Resiliency has garnered attention in the management of critical infrastructure as a metric of system performance, but there are significant roadblocks to its implementation in a realistic decision-making framework. Contrasted to risk and…

Systems and Control · Electrical Eng. & Systems 2026-01-08 Vincent P. Paglioni , Graeme Troxell , Aaron Brown , Steve Conrad , Mazdak Arabi

My main worry, and the core of my research, is that our cybersecurity ecosystem is slowly but surely aging and getting old and that aging is becoming an operational risk. This is happening not only because of growing complexity, but more…

Cryptography and Security · Computer Science 2026-01-05 Martijn Dekker

Many project risks in distributed software development are very different from the ones in collocated development and therefore are often overlooked. At the same time, they depend to a large extent on project-specific characteristics. This…

We present early experiences with defining and validating a software maturity model (SMM) for a distributed, research-driven organization of independent and self-organizing teams of diverse cultures, experience and maturity. The paper…

Software Engineering · Computer Science 2020-09-02 Bartosz Walter , Marcin Wolski , Žarko Stanisavljević , Andrijana Todosijević

How risks are managed implicitly and explicitly at multiple levels of agile projects has not been extensively studied and there is a need to investigate how risk management can be used in large agile projects. This is the objective of this…

Software Engineering · Computer Science 2021-03-17 Torgeir Dingsøyr , Yvan Petit

The project management field has the imperative to increase the project probability of success. Experts have developed several project management maturity models to assets and improve the project outcome. However, the current literature…

Software Engineering · Computer Science 2020-09-22 Felipe Sanchez , Davy Monticolo , Eric Bonjour , Jean-Pierre Micaëlli

Financial markets have developed a lot of strategies to control risks induced by market fluctuations. Mathematics has emerged as the leading discipline to address fundamental questions in finance as asset pricing model and hedging…

Probability · Mathematics 2008-12-10 Nicole El Karoui

This paper elaborates about the potential risk of systemic instabilities in future networks and proposes a methodology to mitigate it. The starting concept is modeling the network as a complex environment (e.g. ecosystem) of resources and…

Networking and Internet Architecture · Computer Science 2012-04-24 Antonio Manzalini

Uncertainty is a pervasive challenge in decision and risk management and it is usually studied by quantification and modeling. Interestingly, engineers and other decision makers usually manage uncertainty with strategies such as…

Artificial Intelligence · Computer Science 2024-07-24 Alexander Gutfraind

The current globalization is faced to the rapid development of product design process with the different structure of the actor relationships in the process. Currently, the risk in the failure relationship among different actors in the…

Computers and Society · Computer Science 2019-04-02 Guangying Jin , Séverine Sperandio , Philippe Girard

Defect estimation and prediction are some of the main modulating factors for the success of software projects in any software industry. Maturity and competency of a project manager in efficient prediction and estimation of resource…

Software Engineering · Computer Science 2012-03-30 T. R. Gopalakrishnan Nair , V. Suma , N. R. Shashi Kumar

The lack of security in information systems has caused numerous financial and moral losses to several organizations. The organizations have a series of information security measures recommended by literature and international standards.…

Managing project risk is a key part of the successful implementation of any large project and is widely recognized as a best practice for public agencies to deliver infrastructures. The conventional method of identifying and evaluating…

Software Engineering · Computer Science 2023-11-27 Abdolmajid Erfani

The need for change in project requirements is necessary for every organization due to change in technology,change in government policy,and change of customer or stakeholders requirements.Requirement Change Management RCM is not an easy…

Software Engineering · Computer Science 2016-05-04 Ahmed Mateen , Hina Amir

The second industrial revolution saw the development of management methods tailored to the challenges of the times: firstly, the need for mass production, and then, the pursuit of improved quality and customer satisfaction, followed by a…

Physics and Society · Physics 2026-01-13 Brunet Luc E. , Longcôté Éric

In today's rapidly evolving digital landscape, organisations face escalating cyber threats that can disrupt operations, compromise sensitive data, and inflict financial and reputational harm. A key reason for this lies in the organisations'…

Cryptography and Security · Computer Science 2025-04-08 Lasini Liyanage , Nalin Arachchilage , Giovanni Russello

Deployment of emerging technologies and rapid change in industries has created a lot of risk for initiating the new projects. Many techniques and suggestions have been introduced but still lack the gap from various prospective. This paper…

Risk Management · Quantitative Finance 2012-10-09 Abdul Razaque , Christian Bach , Nyembo salama , Aziz Alotaibi

Complexity is an inherent attribute of any project. The purpose of defining and documenting complexity is to have an early warning tool allowing a project team to focus on certain areas and aspects of the project in order to prevent and…

Software Engineering · Computer Science 2015-12-25 Alexei Botchkarev , Patrick Finnigan

In Probabilistic Risk Management, risk is characterized by two quantities: the magnitude (or severity) of the adverse consequences that can potentially result from the given activity or action, and by the likelihood of occurrence of the…

Artificial Intelligence · Computer Science 2009-10-07 Eric Daudé , Pierrick Tranouez , Patrice Langlois