Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study
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...
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| Lenguaje: | English |
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Universidad Alberto Hurtado. Facultad de Economía y Negocios
2013
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| Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242013000300006 |
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oai:scielo:S0718-272420130003000062014-09-16Understanding the Impact of Project Risk Management on Project Performance: an Empirical StudyRabechini Junior,RoqueMonteiro de Carvalho,Marly project risk management project typologies project complexity innovation management 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.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.8 suppl.1 20132013-02-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242013000300006en10.4067/S0718-27242013000300006 |
| institution |
Scielo Chile |
| collection |
Scielo Chile |
| language |
English |
| topic |
project risk management project typologies project complexity innovation management |
| spellingShingle |
project risk management project typologies project complexity innovation management Rabechini Junior,Roque Monteiro de Carvalho,Marly Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study |
| 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. |
| author |
Rabechini Junior,Roque Monteiro de Carvalho,Marly |
| author_facet |
Rabechini Junior,Roque Monteiro de Carvalho,Marly |
| author_sort |
Rabechini Junior,Roque |
| title |
Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study |
| title_short |
Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study |
| title_full |
Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study |
| title_fullStr |
Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study |
| title_full_unstemmed |
Understanding the Impact of Project Risk Management on Project Performance: an Empirical Study |
| title_sort |
understanding the impact of project risk management on project performance: an empirical study |
| publisher |
Universidad Alberto Hurtado. Facultad de Economía y Negocios |
| publishDate |
2013 |
| url |
http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242013000300006 |
| work_keys_str_mv |
AT rabechinijuniorroque understandingtheimpactofprojectriskmanagementonprojectperformanceanempiricalstudy AT monteirodecarvalhomarly understandingtheimpactofprojectriskmanagementonprojectperformanceanempiricalstudy |
| _version_ |
1714203232731922432 |