Risk Identification in Megaprojects as a Crucial Phase of Risk Management

A Literature Review

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ArticleRisk Management, PM in Academia1 December 2016

Project Management Journal

Sanchez-Cazorla, Alvaro | Alfalla Luque, Rafaela | Irimia Dieguez, Ana Isabel

How to cite this article:

Sanchez-Cazorla, A., Alfalla Luque, R., & Irimia Dieguez, A. I. (2016). Risk Identification in Megaprojects as a Crucial Phase of Risk Management: A Literature Review. Project Management Journal, 47(6), 75–93.
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The purpose of this study is to perform a literature review of risk management in megaprojects and systematize the risks studied in the literature. A systematic search of the main databases has been performed. The contributions include: (1) a bibliometric analysis of articles; (2) the systematization and classification into nine categories of the risks found in a content analysis of the articles; and (3) the identification of possible areas of interest for research and practice. Risks are comprehensively categorized to assist practitioners during the identification phase, while potential areas for future lines of research are presented for academics.

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