Project risk patterns modeling and risk mitigation

A computer implemented method for project risk patterns modeling and risk mitigation, the method comprising:

• obtaining a plurality of potential risk factors associated with a project, the plurality of potential risk factors being obtained over a network, wherein the plurality of potential risk factors influence progress of the project;
• ascertaining, from the plurality of potential risk factors, at least one interacting potential risk factor influencing at least another potential risk factor, the ascertaining being based on one or more interaction indicators, wherein the interaction indicators are indicative of an interaction between the at least one interacting potential risk factor and the at least other potential risk factor;
• determining, based on the ascertaining, a risk interaction mapping, wherein the risk interaction mapping depicts an interaction among the plurality of potential risk factors;
• modeling, automatically, a plurality of risk patterns based on the risk interaction mapping;
• and
• identifying at least one risk emergence pattern from the plurality of risk patterns, the risk emergence pattern being indicative of a recurrent interaction between the at least one interacting potential risk factor and the at least other potential risk factor, wherein the project is executed based on the identifying.

A non-transitory computer-readable medium having embodied thereon a computer program for executing a method comprising

• obtaining a plurality of potential risk factors associated with a project, the plurality of potential risk factors being obtained over a network, wherein the plurality of potential risk factors influence progress of the project;
• ascertaining, from the plurality of potential risk factors, at least one interacting potential risk factor influencing at least another potential risk factor, the ascertaining being based on one or more interaction indicators, wherein the interaction indicators are indicative of an interaction between the at least one interacting potential risk factor and the at least other potential risk factor;
• determining, based on the ascertaining, a risk interaction mapping, wherein the risk interaction mapping depicts an interaction among the plurality of potential risk factors;
• modeling, automatically, a plurality of risk patterns based on the risk interaction mapping;
• and
• identifying at least one risk emergence pattern from the plurality of risk patterns, the risk emergence pattern being indicative of a recurrent interaction between the at least one interacting potential risk factor and the at least other potential risk factor, wherein the project is executed based on the identifying.