Search results for "Project risk management"
showing 8 items of 8 documents
Ontological Analysis of the Project Risk Management Concept ‘Risk’
2018
Abstract The aim of the current research series is to examine the definitions of the concept ‘risk’ and analyze the concepts used in the definitions of ‘risk’ in the sources of these definitions in order to perform the ontological analysis of the concept of ‘risk’. Ontological and epistemological analysis of the concepts in the definition of the concept ‘risk’ was used to answer the question what ‘risk’ means in project management. This investigation represents a part of the research series where the ontological, epistemological and methodological analysis of project risk is performed with the aim to improve risk registers and risk management as a whole. In the previous studies the author a…
Various Approaches to Early Contractor Involvement in Relational Contracts
2021
Abstract The main rationale for involving contractors is to apply collaboration to mitigate risk and to harvest opportunities to reduce cost and to increase the project owner’s value. In the paper we argue in the applied analytical model that there are four levels of early contractor involvement (ECI), which are 1) Preparation of the project (before sparking off competition); 2) During the procurement phase (development of what to build); 3) Project delivery model (before construction contract, but after the contractor and designers are selected); 4) Project delivery model (where involvement also continues in the execution phase). In the paper we argue that category 4 have the largest poten…
Components of software development risk: how to address them? A project manager survey
2000
Software risk management can be defined as an attempt to formalize risk oriented correlates of development success into a readily applicable set of principles and practices. By using a survey instrument we investigate this claim further. The investigation addresses the following questions: 1) What are the components of software development risk? 2) how does risk management mitigate risk components, and 3) what environmental factors if any influence them? Using principal component analysis we identify six software risk components: 1) scheduling and timing risks, 2) functionality risks, 3) subcontracting risks, 4) requirements management, 5) resource usage and performance risks, and 6) person…
Can software risk management improve system development: an exploratory study
1997
Software risk management can be defined as an attempt to formalise risk oriented correlates of development success into a readily applicable set of principles and practices. Earlier research suggests that it can reduce the likelihood of a system failure. Using a survey instrument we investigate this claim further. The investigation addresses the following questions: (1) which characteristics of risk management practices; and (2) which other environmental and process factors (such as development methods, manager's experience) relate to improved performance in managing software risks? Our findings support in general the claim that the use of risk management methods improves system development…
Project Risk Register Analysis Based on the Theoretical Analysis of Project Management Notion of Risk
2016
Abstract The aim of the current research is to examine publicly available project risk registers to find correlations between the project management theory, especially project risk management, and practical results of real project risk management – the risk registers publicly available on the Internet. In the research, the author has analysed the compliance between the theories of the project risk management described in the “Aid Delivery Methods. Volume I. Project Cycle Management Guidelines” and “Caltrans Project Risk Management Handbook, Threats and Opportunities, Second Edition, Revision 0” and the project risk registers. In the previous studies, the author concluded that after analysin…
DeTreex Inductive Knowledge Acquisition System in Project Risk Assessment
2016
The aim of this paper is to present the possibility of employing DeTreex inductive knowledge acquisition system in project risk assessment. DeTreex from AITECH Artificial Intelligence Laboratory is a system for knowledge acquisition implementing the inductive machine learning method. Induction in the knowledge acquisition system draws on the induction of decision trees proposed by Quinlan. DeTreex was used to carry out the analysis of data elaborated for the purposes of project risk assessment.The problem of acquisition of knowledge of potential project risk sources, the structuring and processing of such knowledge is, in the case of project management, a relatively new and not fully resear…
Psoriasis and cardiovascular risk: Assessment by cuore project risk score in Italian patients
2013
Background. Psoriasis is a common inflammatory and immune-mediated skin disease. There is growing controversy as to whether cardiovascular risk is elevated in psoriasis. A number of studies suggest a high prevalence of cardiovascular risk factors as well as cardiovascular diseases in psoriasis patients. Objective. The objective of this study was to estimate cardiovascular risk score in psoriasis patients and the relation between cardiovascular risk and psoriasis features. Cardiovascular risk was assessed by CUORE project risk score built within the longitudinal study of the Italian CUORE project and suited to populations with a low rate of coronary heart disease. Results. A case-control stu…
Knowledge Management in the Project Life Cycle - Initial Research on Polish Smes
2014
Abstract Contemporary organizations run their activities in an environment, which might be defined as fully uncertain and turbulent. Due to variations that occur in the surrounding environment, an increased attention of management practitioners and theoreticians is paid to new management concepts frequently in an integrated version. The authors express a deep belief that consolidation of approaches to project management and knowledge management constitutes a response to challenge for modern organizations. Research into the issue was based on an attempt to determine significance of the knowledge management issue in a life of projects performed by Polish small and medium-sized enterprises (SM…