Requirements for an effective project risk management process

Article Risk Management, Requirements Management September 1999

Project Management Journal

Ward, Stephen

How to cite this article:

Ward, S. (1999). Requirements for an effective project risk management process. Project Management Journal, 30(3), 37–43.
Requirements for an effective risk management process carried out by a project participant are associated with the project context and characteristics of the participant. Project context can be characterized by the nature of the project, the immediate working environment, the identity and actions of other participants, and the progress of the project to date. Characteristics related to a particular project participant include motivation, capability, and perceived responsibilities in undertaking risk management. This paper discusses how these factors influence the manner in which project risk management processes should be undertaken.
member content locked

Become a PMI member to gain access

or Join

Advertisement

Advertisement

Related Content

  • Article Risk Management, PM in Academia 1 December 2022

    Project Management Journal

    Narratives of Project Risk Management member content locked

    By Green, Stuart D. | Dikmen, Irem The dominant narrative of project risk management pays homage to scientific rationality while conceptualizing risk as objective fact.

  • Article Risk Management, PM in Academia 1 April 2022

    Project Management Journal

    Identifying Subjective Perspectives on Managing Underground Risks at Schiphol Airport member content locked

    By Biersteker, Erwin | van Marrewijk, Alfons | Koppenjan, Joop Drawing on Renn’s model and following a Q methodology, we identify four risk management approaches among asset managers and project managers working at the Dutch Schiphol Airport.

  • Article Risk Management, PM in Academia 1 December 2021

    Project Management Journal

    Collective Mindfulness member content locked

    By Wang, Linzhuo | Müller, Ralf | Zhu, Fangwei | Yang, Xiaotian We investigated the mechanisms of collective mindfulness for megaproject organizational resilience prior to, during, and after recovery from crises.

  • Case Study Risk Management, Complexity, Energy & Utilities October 2021

    PMI Case Study

    Saudi Aramco member content open

    This in-depth case study outlines a project to increase productivity with Saudi Arabian public petroleum and natural gas company, Saudi Aramco.

  • Article Portuguese Articles, Agile, Risk Management 1 May 2021

    PM Network

    A certeza da incerteza member content open

    By Fewell, Jesse Por mais que ansiamos por um retorno pré-pandêmico, é ingênuo pensar que as velhas formas de trabalho um dia voltarão - mesmo para o ágil.

Advertisement