Risk Assessment of Implementing Food Safety Platform in N City

Abstract

The research of the school of Business Administration of Munich University of science and technology shows that only half of the scientific and technological R & D projects from 2005 to 2008 have been successful. 48 % of science and technology projects have serious defects, of which 30 % are overdue and 10 % are seriously overspent. 20 % of science and technology projects were suspended before their development was completed. Half of the projects have significant deviation from the original estimate in time schedule or budget, or obvious quality problems (Xuan, 2016).

In today’s business world it is important for every organization to have a well-defined project management process and to follow that process strictly to achieve the best result. It is also very significant to pursue a well-recognized method to run IT projects successfully. Moreover, a well-organized IT project development framework helps a company to improve its productivity as well as the business competitiveness and provide better services for their customers.

But it is impossible to have 1 process for all type of IT projects like ERP (Enterprise Resource Planning), sourcing, HR (Human Resources) and so on. Depending on project size and others criteria, organizations choose agile, waterfall or other models to complete their projects.

It is hoped that the research results of this paper can provide reference for the risk management of similar digital innovation projects such as smart city platform in China in the future.