Risk management is a key competency that is constantly being researched how it can be improved within project management. The risk management process consists of four major steps: identify risks, assess the risks’ significance on the project, evaluate and address the key risks and follow up.The majority of companies seem to neglect certain identified risks, and decide not to mitigate if the risk does not cause adverse effects to the business. To counteract undesirable consequences and help organisations to become more effective at managing risks an initial work has been conducted for a risk repository.The project develops a proposal on the design of a risk repository which aim to effectively support a database implementation. The study includes literature studies which resulted in a relational model for database implementation. Furthermore, personal meetings were conducted within the framework of risk management.The study has resulted in development of relational models, one entity relationship model and one data model, which are essential for the database implementation. The modelling technique was based on an approach founded by Chen (1976). This modelling approach is still actively used in education and by developers within entity-relationship modelling and database design.The developed design supports the implementation of the data model in a risk repository, which eventually supports decision-making in risk management for businesses. A suggestion for further research has also emphasized the risk repository. The suggestion aims to increase the efficiency of the database of a computing system which enables cost estimates of potential risks that may occur.
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:kth-137683 |
| Date | January 2013 |
| Creators | Shi, Henry, Ho, Johnny |
| Publisher | KTH, Skolan för informations- och kommunikationsteknik (ICT) |
| Source Sets | DiVA Archive at Upsalla University |
| Language | Swedish |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
| Relation | Trita-ICT-EX ; 2013:282 |
Page generated in 0.0014 seconds