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Risk Management In The BPM Lifecycle

Date: January 2008
Type: White Paper
Rating: (1)

Overview: Business Process Management (BPM) is considered an essential strategy to create and maintain sustainable competitive advantage. While researchers are anxious to identify critical success factors for the management of business process related projects, the risks associated with these projects have received considerably less attention. This paper provides an overview of risks associated with BPM projects along the phases of the BPM lifecycle. After a classification of the risks identified with the individual life cycle phases and transitions, this paper discusses four strategies to deal with these risks: avoid, mitigate, transfer, and accept.


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