Project Risk Management Implementation in SMEs: A Case Study from Italy

Abstract: Despite its strategical importance, the diffusion of Project Risk Management (PRM) is limited mainly to large companies, leaving a lack of empirical evidence addressing small and medium-sized enterprises (SMEs). Therefore, the objective of this paper is to analyse how to adopt PRM in SMEs...

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Autores principales: Lima,Priscila Ferreira de Araujo, Verbano,Chiara
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2019
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242019000100003
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spelling oai:scielo:S0718-272420190001000032019-05-17Project Risk Management Implementation in SMEs: A Case Study from ItalyLima,Priscila Ferreira de AraujoVerbano,Chiara project risk management project management small and medium-sized enterprises empirical framework case study. Abstract: Despite its strategical importance, the diffusion of Project Risk Management (PRM) is limited mainly to large companies, leaving a lack of empirical evidence addressing small and medium-sized enterprises (SMEs). Therefore, the objective of this paper is to analyse how to adopt PRM in SMEs with a positive cost-benefit ratio, considering risk management (RM) phases, activities, tools, instruments, procedures and organisational aspects that enable the effective implementation of PRM in SMEs. To identify the fundamental dimensions to insert in the framework, a systematic literature review was performed, and a pilot case study was conducted to test the validity of the empirical framework and improve it. Moreover, after the case analysis, the benefits obtained and the difficulties faced through the adoption of PRM are presented and discussed.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.14 n.1 20192019-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242019000100003en10.4067/S0718-27242019000100003
institution Scielo Chile
collection Scielo Chile
language English
topic project risk management
project management
small and medium-sized enterprises
empirical framework
case study.
spellingShingle project risk management
project management
small and medium-sized enterprises
empirical framework
case study.
Lima,Priscila Ferreira de Araujo
Verbano,Chiara
Project Risk Management Implementation in SMEs: A Case Study from Italy
description Abstract: Despite its strategical importance, the diffusion of Project Risk Management (PRM) is limited mainly to large companies, leaving a lack of empirical evidence addressing small and medium-sized enterprises (SMEs). Therefore, the objective of this paper is to analyse how to adopt PRM in SMEs with a positive cost-benefit ratio, considering risk management (RM) phases, activities, tools, instruments, procedures and organisational aspects that enable the effective implementation of PRM in SMEs. To identify the fundamental dimensions to insert in the framework, a systematic literature review was performed, and a pilot case study was conducted to test the validity of the empirical framework and improve it. Moreover, after the case analysis, the benefits obtained and the difficulties faced through the adoption of PRM are presented and discussed.
author Lima,Priscila Ferreira de Araujo
Verbano,Chiara
author_facet Lima,Priscila Ferreira de Araujo
Verbano,Chiara
author_sort Lima,Priscila Ferreira de Araujo
title Project Risk Management Implementation in SMEs: A Case Study from Italy
title_short Project Risk Management Implementation in SMEs: A Case Study from Italy
title_full Project Risk Management Implementation in SMEs: A Case Study from Italy
title_fullStr Project Risk Management Implementation in SMEs: A Case Study from Italy
title_full_unstemmed Project Risk Management Implementation in SMEs: A Case Study from Italy
title_sort project risk management implementation in smes: a case study from italy
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2019
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242019000100003
work_keys_str_mv AT limapriscilaferreiradearaujo projectriskmanagementimplementationinsmesacasestudyfromitaly
AT verbanochiara projectriskmanagementimplementationinsmesacasestudyfromitaly
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