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Understanding the Impact of Project Risk Management on Project Performance: An Empirical Study

Journal of Technology Management & Innovation

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Field Value
 
Title Understanding the Impact of Project Risk Management on Project Performance: An Empirical Study
 
Creator Rabechini Junior, Roque
Carvalho, Marly Monteiro de
 
Subject Project risk management, project typologies, project complexity, innovation management
 
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.
 
Publisher Facultad de Economía y Negocios, Universidad Alberto Hurtado
 
Contributor
 
Date 2013-04-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.jotmi.org/index.php/GT/article/view/1151
10.4067/S0718-27242013000300006
 
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
 
Language eng
 
Relation http://www.jotmi.org/index.php/GT/article/view/1151/823