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How ill is your IT Portfolio? : Measuring Criticality in IT Portfolios Using Epidemiology
Guggenmos, Florian; Hofmann, Peter; FRIDGEN, Gilbert
2019In 40th International Conference on Information Systems, Munich, Germany, 2019
Peer reviewed
 

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Keywords :
systemic risk; cascade failure; IT project portfolio; portfolio management; epidemiology; design science
Abstract :
[en] IT project portfolios, consisting of IT projects, also interact with the entire IT landscape. In case of a failure of only one element, existing dependencies can lead to a cascade failure, which can cause high losses. Despite the present effects of systemic risk, research into IT portfolio management lacks suitable methods to quantitatively assess systemic risk. We follow the design science research paradigm to develop and evaluate our ‘on track’ or ‘in difficulty’ (TD) method by applying the SI model, representing a recognized network diffusion model in epidemiology, in an IT portfolio context. We evaluate our method using a real-world dataset. We introduce a criticality measure for diffusion models in IT portfolios and compare the TD method’s results and the alpha centrality to human judgment as a benchmark. From our evaluation, we conclude that the TD method outperforms alpha centrality and is a suitable risk measure in IT portfolio management.
Disciplines :
Computer science
Author, co-author :
Guggenmos, Florian
Hofmann, Peter
FRIDGEN, Gilbert  ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT)
External co-authors :
yes
Language :
English
Title :
How ill is your IT Portfolio? : Measuring Criticality in IT Portfolios Using Epidemiology
Publication date :
2019
Event name :
40th International Conference on Information Systems
Event date :
15-12-19 to 18-12-19
Main work title :
40th International Conference on Information Systems, Munich, Germany, 2019
Peer reviewed :
Peer reviewed
Available on ORBilu :
since 22 October 2020

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