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Purpose of the article: The first part of the article shows summarised information on risk management in projects based on the literature review. The second part of the article is a case study made on the basis of materials made available by the company implementing the AZTiE project. The case...
Persistent link: https://www.econbiz.de/10012022226
In the last twenty years, ERM has gained relevance in business management and was put to test in many “tail” situations, starting from the SARS outbreaks in 2003 up to recent financial crises (subprime and sovereign debt crises) and regional pandemic. Notwithstanding the lesson learnt, prima...
Persistent link: https://www.econbiz.de/10013251044
Purpose: This research aims to demonstrate how portfolio management influences the decision-making process of the best projects for the company. Design/methodology/approach: In order to reach this goal, the single case study method was used. Initially, it was made a bibliometric with "portfolio...
Persistent link: https://www.econbiz.de/10011921247
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
The complexity of public-private partnership (PPP) projects ensures that risks could emerge and spread in unpredictable ways if they are not well identified and managed. The emergence of PPP projects has brought major changes in the construction industry, the most notable being in procurement...
Persistent link: https://www.econbiz.de/10012126894
The research aimed to identify and evaluate the risks associated with IT projects, particularly focusing on their impacts. Despite numerous efforts, a significant number of software projects still fail to achieve success; however, these risks can be effectively managed. This study outlines...
Persistent link: https://www.econbiz.de/10015371443
Risk management in the project portfolio can contribute to more effective implementation of the goals of the projects, the portfolio, and the entire organization. However, in the literature on the subject, relatively little attention is paid to the determinants of this process. Moreover, the...
Persistent link: https://www.econbiz.de/10014637175
Background: To stay competitive in a highly unpredictable market of today, companies must be able to manage project risks effectively. The basis for an effective risk management is a thorough risk analysis. Despite the availability of many different risk analysis approaches, companies can be...
Persistent link: https://www.econbiz.de/10012405649
It is common understanding that construction and infrastructure projects are risky by nature. The multiple parties involved in such projects, the various processes to be fulfilled and the environmental and managerial issues to be dealt with are enough reasons for any risk to exist. It is also...
Persistent link: https://www.econbiz.de/10014202504
Too small participation of IT project ending with the full success induces to search for solutions in different areas. One of fundamental is a risk. The risk is derivative of generating its sources. However this subject is treated as a marginal in the literature. This article is tending to...
Persistent link: https://www.econbiz.de/10014161065