ABSTRACT : Prior literature suggests that an adequate assessment of software project risk is a majorudsource of problems in rs development projects. A systematic and rigorous procedure toudidentify the risks is the first step of the risk assessment. An authoritative list of riskudfactors is one of the most useful strategies to identify the risks and to go further of theudstudy and theory development. However most of the published lists are too old and varyudtoo much in their level of detail and scope. This paper used a Delphi survey to provideudan updated and practical list of common risk factors. This li st was based on theudresponses of a multicultural set of Chinese and Canadian project managers in softwareudprojects. We also had them ranked those risk factors according to their professionaludexperiences. This multicultural study will not only help the Chinese software industry touddevelop more healthy and speedy, but also, it will help the Canadians to understandudmore about Chinese software industry. It is very interesting to compare our findingsudwith the previous list from the literature. We compared and analyzed the risk factors andudthe ranking obtained in this paper with published lists, we also compared and analyzedudthe results between the two countries. Finally we concluded that this study has severaludimplications for software risk management and further research.
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