Understanding the Impact of Project Risk Management on Project Performance: An Empirical Study
Journal of Technology Management & Innovation
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Title |
Understanding the Impact of Project Risk Management on Project Performance: An Empirical Study
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Creator |
Rabechini Junior, Roque
Carvalho, Marly Monteiro de |
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Subject |
Project risk management, project typologies, project complexity, innovation management
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Description |
The goal of this study is to comprehend the impact of risk management on project performance. Further it aims to investigate the degree of diffusion of risk management practice in Brazilian companies. The methodological approach involves a survey of 415 projects at different levels of complexity in different industrial sectors in several states of Brazil. The results demonstrate that adopting risk management practices has a significant positive impact on project success. They also show a positive impact from the presence of a risk manager on project success. The study’s principal limitations are the methodological choice of non probability sampling and a questionnaire based on respondent perception. From the practical point of view, paying attention to uncertainties during the project, making use of the risk management techniques and deeply understand the business environment are critical success factors, demanding attention of project managers and risk managers. The results demonstrate the impact of risk management practices on project success. They also show a positive impact from the presence of a risk manager on project success. Furthermore, it demonstrated the importance of soft skill in risk management.
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Publisher |
Facultad de Economía y Negocios, Universidad Alberto Hurtado
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Contributor |
—
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Date |
2013-04-08
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.jotmi.org/index.php/GT/article/view/1151
10.4067/S0718-27242013000300006 |
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Source |
Journal of Technology Management & Innovation; Vol 8 (2013): Special Issue ALTEC: Social and Sustainable Project, Knowledge and Innovation Management; 64-78
Journal of Technology Management & Innovation; Vol 8 (2013): Special Issue ALTEC: Social and Sustainable Project, Knowledge and Innovation Management; 64-78 0718-2724 |
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Language |
eng
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Relation |
http://www.jotmi.org/index.php/GT/article/view/1151/823
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