Gartner Research

Project Risk: Expect the Unexpected

Published: 17 November 2010

ID: G00208843

Analyst(s): Matt Light


A formula-based approach to risk assessment, accompanied by a risk dashboard that is regularly updated, will help management fully understand and control a wide range of project risks. We describe the use of a risk index built by assessing risk in seven categories.

Table Of Contents
  • Overview


  • Compare Projects' Risk Indexes, and Track Risks Throughout
    • Complexity Risk: How Many "Moving Parts" Are There to the Project?
    • Technology Risk: Are the Chosen Technologies Reliable?
    • Operational Risk: Will the Deliverable Provide Benefits That Outweigh the Total Costs of Operation?
    • External Risk: Are External Conditions Stable and Predictable?
    • Organizational Risk: Will Weak Sponsorship or Inertia Undermine Delivery?
    • Schedule Risk: Will a Timeline Realistically Yield Promised Benefits?
    • Financial Risk: Are Budget "Guesstimates" Carved in Stone?

Recommended Reading

©2021 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.