2018
DOI: 10.1108/ijmpb-10-2017-0122
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Project risk management practices: the organizational maturity influence

Abstract: Purpose The purpose of this paper is to identify patterns of project risk management (PRM) practices’ adoption, and provides empirical evidence concerning the importance (and key attributes) of organizational PRM maturity to the use of risk-related practices and project performance. Design/methodology/approach The research involved two phases: interviews with five project managers, and a worldwide survey of project managers that resulted in the analysis of 865 valid questionnaire responses. Cluster analysis … Show more

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Cited by 27 publications
(31 citation statements)
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“…The management of these risk events to mitigate or eliminate the occurrence and impact of adverse effects and encourage positive results is called Risk Management (Boateng et al, 2020). Crispim et al (2019) posited that the inability to cope with risk is the leading cause for exceeding budget, deadlines, and other project objectives. To mitigate or eliminate the risk, we count on risk management, an integral part of project management (Serpell et al, 2014).…”
Section: Risk Managementmentioning
confidence: 99%
“…The management of these risk events to mitigate or eliminate the occurrence and impact of adverse effects and encourage positive results is called Risk Management (Boateng et al, 2020). Crispim et al (2019) posited that the inability to cope with risk is the leading cause for exceeding budget, deadlines, and other project objectives. To mitigate or eliminate the risk, we count on risk management, an integral part of project management (Serpell et al, 2014).…”
Section: Risk Managementmentioning
confidence: 99%
“…Managing process from initiation through closing consists of some steps, namely initiation phase, planning phase, execution phase, control and monitoring phase, and closing phase [13]. In initiation process, a project needs to be defined and forecasted for resources needed.…”
Section: Project Management Processmentioning
confidence: 99%
“…Risk must be acknowledged, identified, and evaluated [14]. There are some practices and technique to be applied at project risk management that consist of six steps, namely risk identification, risk evaluation, planning actions against risk, risk monitoring, communication and integration, and management support task [13].…”
Section: Project Risk Managementmentioning
confidence: 99%
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“…The moderation variable was “complexity and uncertainty” at the project level. A worldwide survey by Crispim et al 50 suggests that the firm-level PRMM positively influences PRM practices which in turn affects project performance. Moreover, it is found that project complexity moderates the relationship.…”
Section: Literature Reviewmentioning
confidence: 99%