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The uncertainty management theory has become well established over the last 20-30 years. However, the authors suggest that it does not fully address why opportunities often remain unexploited. Empirical studies show a stronger focus on mitigating risks than exploiting opportunities. This paper...
Persistent link: https://www.econbiz.de/10012015869
This paper differs from scientific papers describing current research. In line with the theme of this special issue, it challenges conventional risk management practice against the background of former research results successfully finished decades ago. It is well-known that conventional...
Persistent link: https://www.econbiz.de/10012015847
We introduce a financial stress index that was developed by the Office of Financial Research (OFR FSI) and detail its purpose, construction, interpretation, and use in financial market monitoring. The index employs a novel and flexible methodology using daily data from global financial markets....
Persistent link: https://www.econbiz.de/10012015942
A synthesis of literature studies covering the determinants of agile project management methods, risk management processes as well as factors influencing the shaping of project success and failure clearly indicates that in most publications on risk in agile managed projects, the human factor is...
Persistent link: https://www.econbiz.de/10012599605
Background: Cross-discipline team collaboration between the project ownership team, design team and project delivery team is central to effective management of risk, uncertainty and ambiguity. A recently-developed framework that was developed to provide a visualisation tool to enable various...
Persistent link: https://www.econbiz.de/10012015857
Persistent link: https://www.econbiz.de/10012016436
Recently, risk assessment has become one of the most challenging issues in the areas of construction and public-private partnerships (PPPs). To address risk assessment issues, various decision-making techniques have been proposed, each with its own specific disadvantages and advantages. This...
Persistent link: https://www.econbiz.de/10012125717
This paper studies associations between the use of formal decision-making processes in e-Government projects and the outcomes of these projects. By doing so, this study contributes to the decision sciences as well as to the fields of e-Government, information systems and public administration....
Persistent link: https://www.econbiz.de/10012107656
In the evolving economic landscape, Industry 4.0 emphasizes strategic planning and operational progress for large enterprises. This transformation relies on smart robotization technologies like AGVs (Automated Guided Vehicles) and AMRs (Autonomous Mobile Robots) for reducing transportation time,...
Persistent link: https://www.econbiz.de/10014391731
This paper is devoted to the resolution of the problem of risk management in a high-risk market environment. The goal of this paper was to study the experience of and prospects for the use of responsible innovations as tools for managing the financial risks of high-tech companies' projects for...
Persistent link: https://www.econbiz.de/10014497404