Project Management Institute

The Influence of Project Risk Management Maturity and Organizational Learning on the Success of Power Plant Construction Projects

Project risk management maturity measures how effective risk management processes are implemented by performing organizations aimed at meeting project objectives. Organizational learning from repetitive projects may assist performing organizations deliver successful projects. The purpose of this research is to measure the influence of project risk management maturity and organizational learning on the cost, time, and quality of a power plant construction project. In the studied projects, improving organizational learning led to enhancement of all success criteria, especially the cost and quality criteria. Success criteria trends have shown that the influence of organizational learning on improving project performance is more than the influence of the level of project risk management maturity.
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