Requirements for an effective project risk management process
Article Abstract:
The importance of the risk management process in project management is well known. However, characterizations of the process in project management typically concentrate on the development of an analytical model of the steps required but neglect to discuss the ways by which effective risk management may be ensured within a practical context. A study was therefore conducted to analyze the factors relating to project context and project participants. It also investigated how these factors affect the way in which project risk management processes ought to be implemented.
Publication Name: Project Management Journal
Subject: Business, general
ISSN: 8756-9728
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Stranger in a strange land
Article Abstract:
Tips on how to achieve project management success when working in other countries are presented. It is advised that project managers understand and respect the indigenous culture of their staff. They should start with learning the terms of greetings, dining etiquettes and cultural practices to make their staff at ease with them. It is also suggested that project managers create their own benchmark based on their project environment.
Publication Name: Project Management Journal
Subject: Business, general
ISSN: 8756-9728
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Project management in globalizing economies. Estimating the tradeoff between resource allocation and probability of on-time completion in project management
- Abstracts: Private enterprises and public obligations: achieving sustainable development. The dynamics of change in corporate community relations
- Abstracts: Women, men and the redistribution of income. A cost-benefit approach to the evaluation of Regional Selective Assistance
- Abstracts: The transfer and transferability of Japanese manufacturing practices to the West
- Abstracts: Digital cameras are better, but still waste a lot of time, money. Making the sale; the allure of on-line commerce, its proponents argue, will eventually prove overwhelming