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A Theoretical Review on IT Project Success/Failure Factors and Evaluating the Associated Risks

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Abstract: There is empirical evidence that information technology projects are exposed to multiple sources of risks because it seems certain that the IT projects are considered as agile, technical and complex projects. However, it is necessary to know why majority of IT projects fail and what the perceived success failure factors are and to what extent the risk management concept is of central importance in every IT projects. This study fills the gap in the current literature by unpacking comprehensive project level factors, risk areas that may influence the risk perception of project managers and consequently, lead to fail in infant, toddler and mature stages of IT projects. Therefore, a theoretical revision on this topic was performed. Although many studies have explored success failure factors in projects, a few of them are comprised of the perception that to what extent project’s success failure factors are noteworthy.

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