All IT development projects are inherently uncertain. They are temporary, unique initiatives built on assumptions, constraints, and diverse stakeholder expectations. While project management provides structure through planning, controls, and governance, risks often remain hidden until they impact delivery.
PrinceAlert is a practical and holistic approach to risk management that focuses on identifying weaknesses in the project control environment early. It is based on the Software Development Life Cycle (SDLC) and recognizes that each stage of development is exposed to specific and recurring risk factors. By using a structured set of commonly observed risk factors, PrinceAlert helps project teams anticipate issues before they become problems.
Aligned with the PRINCE2 risk management philosophy, PrinceAlert embeds risk awareness into everyday project management rather than treating it as a standalone activity. Addressing risks early strengthens control, improves decision-making, and increases the likelihood of successful project outcomes.
Participants will receive a copy of the PrinceAlert booklet.
Workshop Agenda
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Risk and Uncertainty in IT Projects
Why risk is unavoidable and where projects typically fail
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Overview of PrinceAlert
Principles, structure, and alignment with PRINCE2
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Risk Across the SDLC
Key risk factors at each development stage
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Applying PrinceAlert in Practice
Identifying risks and strengthening project controls based on group exercises
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Discussion and Q&A
Lessons learned and next steps
Mr. Carolus Walters CISA, CISM, Network+, Security+, has more than 30 years of experience in the IT Industry in the financial sector. He has worked in various roles amongst others: systems analyst/programmer; head of the systems development department; project manager; IT Auditor; policy writer; IT security management consultant and is currently the head of the IT, Cyber and Operational Risk Department at the Central Bank of Curacao and Sint Maarten.
Mr. Walters is the co-founder of the ISACA Curaçao Chapter and acting President.
He was the lead writer to compose the IT regulations (Provisions and Guidelines) for the country of Curaçao and Sint Maarten for Business Continuity Management, Information Security Management, IT Service Management, IT Governance and gave input to write the Provisions and Guidelines for Portfolio, Program and Project Management and also Development and Acquisitions.
During his career he has seen many data centers and examined many organizations in the area of IT Governance, Information Security Management, Business Continuity Management, IT Service Management, System Development and Maintenance and Outsourcing.
He holds a degree in Business Administration and Computer Science from the University of Applied Sciences in Utrecht, the Netherlands. In more recent years he has studied various standards amongst other ISO 20000, ISO 22301, ISO 27000, ISO 31000, ISO 9001, ISO 38500, Prince 2, ITIL, NIST, CIS, Agile Project Management, COBIT 3.0, 4.0, 4.1, 5.0 and 2019.
PrinceAlert is written based on a risk factor lists from methodologies used in projects in ABN-AMRO Bank, CMG Consultancy group and personal experiences in projects.
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Register Fee:
Members 100 US$
Non-Members 150 US$