Methodology for risk analysis of projects

The risk in the organization activity as an economic and social system open, adaptive, with varying degrees of permeability to the influences from the current business environment, which is increasingly unpredictable and in which the only constant is the change, refers to the probability of not comp...

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Main Authors: Roșu Maria Magdalena, Rohan Rodica, Juganaru Elena - Cristina
Format: Article
Language:English
Published: EDP Sciences 2017-01-01
Series:MATEC Web of Conferences
Online Access:https://doi.org/10.1051/matecconf/201711209012
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author Roșu Maria Magdalena
Rohan Rodica
Juganaru Elena - Cristina
author_facet Roșu Maria Magdalena
Rohan Rodica
Juganaru Elena - Cristina
author_sort Roșu Maria Magdalena
collection DOAJ
description The risk in the organization activity as an economic and social system open, adaptive, with varying degrees of permeability to the influences from the current business environment, which is increasingly unpredictable and in which the only constant is the change, refers to the probability of not complying with the objectives set in terms of performance, execution and cost. The insufficient application of the recognized project management methodologies can be one of the main causes of projects failures in the organization with major influences on the activity efficiency and the performance recorded. Therefore, the methodology proposed in the paper, wants to be an effective tool, a formalized risk management tool, considered as a cyclical process, with several distinct phases, indispensable to the current organizational practice which should contribute to optimizing the project performance and its successful completion.
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spelling doaj.art-2c5954b63d424385a2de93214c6f0fc02022-12-21T23:43:31ZengEDP SciencesMATEC Web of Conferences2261-236X2017-01-011120901210.1051/matecconf/201711209012matecconf_imane2017_09012Methodology for risk analysis of projectsRoșu Maria Magdalena0Rohan Rodica1Juganaru Elena - Cristina2Politehnica University of Bucharest, Department of Manufacturing Engineering, Splaiul IndependenţeiPolitehnica University of Bucharest, Department of Manufacturing Engineering, Splaiul IndependenţeiPolitehnica University of Bucharest, Department of Manufacturing Engineering, Splaiul IndependenţeiThe risk in the organization activity as an economic and social system open, adaptive, with varying degrees of permeability to the influences from the current business environment, which is increasingly unpredictable and in which the only constant is the change, refers to the probability of not complying with the objectives set in terms of performance, execution and cost. The insufficient application of the recognized project management methodologies can be one of the main causes of projects failures in the organization with major influences on the activity efficiency and the performance recorded. Therefore, the methodology proposed in the paper, wants to be an effective tool, a formalized risk management tool, considered as a cyclical process, with several distinct phases, indispensable to the current organizational practice which should contribute to optimizing the project performance and its successful completion.https://doi.org/10.1051/matecconf/201711209012
spellingShingle Roșu Maria Magdalena
Rohan Rodica
Juganaru Elena - Cristina
Methodology for risk analysis of projects
MATEC Web of Conferences
title Methodology for risk analysis of projects
title_full Methodology for risk analysis of projects
title_fullStr Methodology for risk analysis of projects
title_full_unstemmed Methodology for risk analysis of projects
title_short Methodology for risk analysis of projects
title_sort methodology for risk analysis of projects
url https://doi.org/10.1051/matecconf/201711209012
work_keys_str_mv AT rosumariamagdalena methodologyforriskanalysisofprojects
AT rohanrodica methodologyforriskanalysisofprojects
AT juganaruelenacristina methodologyforriskanalysisofprojects