Risk Management Analysis for ICT Strategic Plan by Using PESTLE: A Case Study
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Abstract
There are many advantages of having an ICT Strategic Plan (ISP) in place such as allowing organizations to prepare and strategize for their future accordingly and to take necessary precautions steps if any unfavorable scenarios happened. Unfortunately, currently, many organizations fail to plan and execute their ICT projects as their proposed plan. It has been identified that monitoring and evaluation in a project play important role in ensuring the success of a project. Hence, risk management and analysis can be used to measure such aspects. There are many ways how risk management and analysis could be done. Therefore, this paper presents a case study on risk management analysis for ISP by using the PESTLE model. PESTLE stands for political, economic, sociology, technology, legal, and environment. All of the findings related with the existing, emerging issues, challenges, impact, threat, and risk to the ISP plan are centralized in a dashboard. Furthermore, risk measurement and risk matrix are produced for this case study. In future, this paper could be used as guidance for other researchers with the same interest.
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