Skip to content. | Skip to navigation

Personal tools
You are here: Home Events


Site Events
Writing. A seminar about the process of writing. Jul 04, 2012 from 02:00 PM to 04:00 PM Room Q233, Quinn Building,
The second in a series of seminars by Prof. Robert Johnston.
Extreme Programming Special Interest Group meeting March 30 2004 Mar 30, 2005 from 03:30 PM to 09:00 PM University College Dublin (UCD). The Quinn Building,
This event is hosted in association with the MIS Department in the Faculty of Commerce at UCD. Located in the Quinn Building, registration commences at 5:30pm on Wednesday March 30th, the meeting starts at 6:00pm and is expected to finish at around 8:30pm. The Dublin based Extreme Programming Special Interest Group (SIG) is supported by and meets regularly throughout the year. Founded in 2000 the SIG has acted as the focal point for discussion and dissemination of findings and experiences with Agile methods for software and IT development, with particular emphasis on Extreme Programming (XP) and Dynamic Systems Development Method (DSDM).
MIS Seminar - Dr Yossi Lichtenstein - Real Options in IT Risk Management: An Empirical Validation of Risk-Option Relationships Apr 06, 2006 from 02:00 PM to 03:30 PM Quinn School of Business, UCD, Belfield. Room Q233,
MIS Seminar - Dr Yossi Lichtenstein - Real Options in IT Risk Management: An Empirical Validation of Risk-Option Relationships. Recently, an option-based risk management (OBRiM) framework has been proposed to control risk and maximize value in IT-investment decisions. While the framework is prescriptive in nature, its core logic rests on a set of normative risk-option mappings for choosing which particular real options to embed in an investment in order to control specific risks. This study tests empirically whether these mappings are observed in practice. The research site is a large Irish financial services organization with well established IT risk management practices not tied to any real options framework. Our analysis of the risk management plans developed for a broad portfolio of 50 IT investments finds ample empirical support for OBRiM’s risk-option mappings. While this shows that IT managers’ intuitions and practices correspond well with the logic of option-based risk management, we are concerned that applying this logic solely based on intuition could lead to suboptimal or counterproductive results. We therefore argue that managerial intuition ought to be supplemented with the use of formal real option models, which allow for better quantitative insights into which risk mitigations to pursue and combine in order to effectively address the risks most worth controlling.