Risk management recommendations to bring ideas-to-market for a Finnish software start-up
Kannaiah, Chandrasekar (2022)
2022
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2022120726817
https://urn.fi/URN:NBN:fi:amk-2022120726817
Tiivistelmä
For a successful business and its operations, Risk management is one of the key activities, especially for a startup with shortage of resources. This thesis aims to identify risks in outsourcing software development abroad of a Finnish software startup. In addition, the impact of identified risks is evaluated and the mitigation plans discussed.
The process of risk identification, evaluation, and mitigation starts with the review of the relevant risk management literature and choice of a risk
management process for this study. The chosen process is used in the context of this research to collect necessary data.
The data collection for this research is planned through empirical data. The data is collected through web surveys and interviews. The data collection also involves risk evaluation workshops with a few of the interview participants. The results from these data collection methods are combined and provided as recommendations with a list of risks ordered by their priority and the mitigation plans observed through interviews.
These recommendations can be used by the case organization as a checklist to bring their ideas to the market early, through outsourcing their software development by better managing the associated risks.
The process of risk identification, evaluation, and mitigation starts with the review of the relevant risk management literature and choice of a risk
management process for this study. The chosen process is used in the context of this research to collect necessary data.
The data collection for this research is planned through empirical data. The data is collected through web surveys and interviews. The data collection also involves risk evaluation workshops with a few of the interview participants. The results from these data collection methods are combined and provided as recommendations with a list of risks ordered by their priority and the mitigation plans observed through interviews.
These recommendations can be used by the case organization as a checklist to bring their ideas to the market early, through outsourcing their software development by better managing the associated risks.