Enhancing IT project success through risk and vulnerability management : the Armenian case

The research aimed to identify and evaluate the risks associated with IT projects, particularly focusing on their impacts. Despite numerous efforts, a significant number of software projects still fail to achieve success; however, these risks can be effectively managed. This study outlines methodologies for examining how different risks influence software projects, using statistical analyses and models to uncover causal relationships. A survey was also conducted to assess critical risk factors, highlighting three key factors that have the greatest influence. The findings suggest that addressing these factors can improve decision-making, thereby increasing the likelihood of project success.