Abstract
Investment in Information Technology has been widely recognized as an indispensable tool in corporate management strategy. It is not wise, however, to simply ignore those who raise voices of concern as to whether it is truly worth their investment. It is important to note that introduction of IT systems increases corporate values not only by creating higher efficiency but rather by altering the business process as its inevitable consequence. By blending crucial aspects of Business Process Reengineering within the framework of IT project risk management, we will herewith present a new framework of risk assessment and management, where we integrate a factor to consider IT investment return to its clients into project management technique of IT service companies.
