Abstract
Effective utilization of IT (: information technology) is the necessary important management issues for strengthen the capability of business process carried by the growth of Information & Communication Technology. Concerning IT utilization, both aspects such as promotion of IT investment based on the IT strategy, and increasing the effect by using IT assets are exist. Process and product quality regarding IT investment may cause not only bear profit but also deriver the risks such as economical loss and loss of business chance from the hazard of IT investment project. Then this paper proposes the concepts such as effective risk management approach for the purpose of IT investment activity in the specific business environment, Organizational framework of risk management based on the proposed risk management concept, and Requirements for organization or project members in order to achieve both success of IT investment project and effective utilization of IT assets.