Risk Management in Digital Transformation Projects
Abstract
The COVID-19 pandemic has disturbed global supply chains. It has pushed organizations to speed up their digital transformations toward resilience and continuity. This paper throws due light on the risk management practices in digital transformation projects while focusing on the adoption of advanced supply chain solutions. The paper discusses the key risk factors for supply chains that are operating in the post-pandemic era. This includes supply disruptions, cybersecurity threats, and integration challenges. The study argues that digital technologies, such as blockchain, IoT, AI, predictive analytics, etc. help handle these risks better. This helps to understand meaningful risk mitigation strategies such as supplier diversification, real-time tracking, predictive analytics, and insurance coverage. This paper analyzes the proactive management of contemporary supply chain risks through digital transformation, thereby giving opportunities for practical applications for businesses.
How to Cite This Article
Sandeep Ramanamuni (2021). Risk Management in Digital Transformation Projects . International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 2(3), 567-570. DOI: https://doi.org/10.54660/.IJMRGE.2021.2.3.567-570