15.1. PRIMARY INFORMATION SYSTEMS PROJECT RISKS

The chapter discusses these specific ISPM risks:

  • IS project failure (complete or partial)

  • Vendor goes out of business

  • Poorly worded contracts or agreements

  • External contractor risks

  • Financial statement risks

Each of these risks is discussed in a separate section, with an emphasis on the IS project failure risk. Within each section, internal controls designed to mitigate the risks are presented.

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