Notice of RetractionMeasuring Risks within a Program Consisting of Multiple Interdependent Projects

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Program risk management facilitates a higher-level coordination of interdependencies of risk management activities of all related projects within a program, and supports the optimal risk planning for the program. In addition to the metrics of monitoring individual project risks, risk metrics that monitor the overall program risk level are also essential in program management. As risks are not always independent, this paper proposes several risk metrics to measure risks from program perspective with due considerations of the dependencies between risks, so that better risk management strategies and more effective risk planning decisions can be developed for the program. Through a case study, the metrics are shown useful to monitor the risk trend at the program level, and provide some insight into improving the program risk management practices.