Journal ArticleDOI
In search of opportunity management: Is the risk management process enough?
TLDR
In this article, the authors present three major factors needed for managing opportunities: the ability of the project manager to develop a holistic view within the project, the organizational support and interest, and the ability to understand how other organizations affect the project objectives.About:
This article is published in International Journal of Project Management.The article was published on 2007-11-01. It has received 196 citations till now. The article focuses on the topics: Project risk management & Risk management plan.read more
Citations
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Industrial Product-Service Systems—IPS2
TL;DR: In mechanical engineering and plant design, product-related services are usually considered as an add-on to the actual product as mentioned in this paper, which is a paradigm shift from the separated consideration of products and services to a new product understanding consisting of integrated products and Services.
Journal ArticleDOI
Risk assessment model selection in construction industry
TL;DR: Using the fuzzy TOPSIS method, this study provides a rational and systematic process for developing the best model under each of the selection criteria and can discriminate successfully and clearly among risk assessment methods.
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Understanding service uncertainties in industrial product–service system cost estimation
TL;DR: In this paper, the authors combine literature in service and uncertainty in cost estimation to propose the components of a service delivery system, classification of sources of uncertainty based on supply and demand and the suitable uncertainty modelling methods for service cost estimation.
Journal ArticleDOI
An empirical investigation on how portfolio risk management influences project portfolio success
Juliane Teller,Alexander Kock +1 more
TL;DR: In this article, the authors examined how portfolio risk management influences project portfolio success and found that risk transparency and risk coping capacity have a complementary effect on success, whereas risk prevention, risk monitoring, and the integration of risk management into project portfolio management are directly connected to risk coping capacities.
Journal ArticleDOI
Risk Management in Construction Projects: A Knowledge-based Approach
TL;DR: In this paper, the authors address the problems of risk management in construction projects using a knowledge-based approach, and propose a methodology based on a three-fold arrangement that includes the modeling of the risk management function, its evaluation, and the availability of a best practices model.
References
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Book
Case Study Research: Design and Methods
TL;DR: In this article, buku ini mencakup lebih dari 50 studi kasus, memberikan perhatian untuk analisis kuantitatif, membahas lebah lengkap penggunaan desain metode campuran penelitian, and termasuk wawasan metodologi baru.
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Managerial perspectives on risk and risk taking
James G. March,Zur Shapira +1 more
TL;DR: This article explored the relation between decision theoretic conceptions of risk and the conceptions held by executives, and identified three major ways in which managers are quite insensitive to estimates of the probabilities of possible outcomes; their decisions are particularly affected by the way their attention is focused on critical performance targets; and they...
Journal ArticleDOI
The Need for New Paradigms for Complex Projects
TL;DR: In this article, the authors discuss what constitutes project complexity, including structural complexity, the number and interdependence of elements, and uncertainty in goals and means (following a paper by Turner and Cochran).
Journal ArticleDOI
Transforming project risk management into project uncertainty management
Stephen Ward,Chris Chapman +1 more
TL;DR: In this article, the authors argue that all current project risk management processes induce a restricted focus on the management of project uncertainty, and argue that a focus on "uncertainty" rather than risk could enhance project risk, providing an important difference in perspective.
Journal ArticleDOI
Management of risks, uncertainties and opportunities on projects: time for a fundamental shift
TL;DR: In this article, the authors make a case for a shift to strategy-based project management, a component of which is real time management of risks, uncertainties and opportunities using a life cycle project management approach.
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Transforming project risk management into project uncertainty management
Stephen Ward,Chris Chapman +1 more