Abstract
In many organizations, information system and IT infrastructure have been considered as the most strategic capital and valid information is an important factor leads to business success. In this paper we investigate IT effects on project risk management which is vital in any industrial and business activities as a continuous and forecasting process. Risk management involves identifying the potential risks, measuring, monitoring and controlling them in an organization to meet its strategies and objectives and causes to decrease the undesired effects in project life cycles. It also has a main rule in strategic management of the organization by controlling the threads. In this paper we have estimated the effects of IT usage on 50 Iranian oil companies by analyzing the data which have been provided by questionnaires. Three different indices-cost, time, and performance-have been utilized to evaluate information technology impact on risk management. Our results illustrate the positive impact of information technology on risk management especially in optimizing time of process rather than cost and performance.
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