FRA: Financial Risk Analytics for IT Outsourcing contracts

This experience session track paper describes the Financial Risk Analytics (FRA) tool, which is designed to predict and quantify IT Strategic Outsourcing (SO) contract risks in order to help with contract signing and pricing decisions. FRA enables Quality Analysts and Risk Managers to learn about and proactively manage potential risks before they materialize, while also providing guidance to contract Pricers to include the necessary cost contingencies into pricing considerations, in case of a high risk contract.