DEVELOPMENT OF A DYNAMIC RISK MANAGEMENT FRAMEWORK FOR IT STARTUPS
Abstract and keywords
Abstract:
The article presents a dynamic risk management framework for IT startups, adapted to the specificities of different stages of their life cycle. Based on a critical analysis of the limitations 
of classical risk management models (COSO ERM, ISO 31000), three basic adaptation principles are formulated: “risk as a hypothesis”, continuous monitoring, and stage differentiation. A three-component architecture of the framework is proposed, comprising identification, planning, and monitoring modules integrated with agile development methodologies (Agile, Lean Startup). A stage-based implementation model is developed, taking into account the evolution of the risk profile at the pre-seed, growth, and scaling stages, along with a practical toolkit: Risk Canvas, a system of Key Risk Indicators (KRI) linked to product metrics (CAC, LTV, churn rate). The results form 
a methodological basis for building adaptive risk management systems in IT startups.

Keywords:
IT startups, risk management, dynamic framework, startup life cycle, Agile, Lean Startup, Key Risk Indicators, risk as a hypothesis
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