An American IT consulting firm.

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Abstract—This paper presents a method that allows managers and information technology professionals to better evaluate how efficiently risk is being managed within the confines of a portfolio of software projects. The method, which is based upon optimization and risk modeling, favors actions that increase the efficiency of risk management and, as a result, the likelihood of projects being delivered on time, within budget and in accordance with the requirements they were intended to be satisfied.

Index Terms—Risk analysis, software project management, software engineering economics and data envelopment analysis.

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Cite:Antonio Juarez Alencar, ´ Erica Castilho Gr˜ao, Eber Assis Schmitz, Alexandre Luis Correa, and Otavio H. S. Figueiredo, "Evaluating the Efficiency in which Risk is Managed in a Portfolio of IT Projects: A Data Envelopment Analysis Approach," Journal of Software vol. 7, no.1, pp. 186-195, 2012.