Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique

One of the most important problems in project management is the undesirable time and cost variances of projects which are not considered before the project implementation. This problem is the result of the risks, occurring in the length of the project implementation. In this case, Risk Management ba...

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Main Authors: Akbar Alam Tabriz, Ehsan Hamzehi
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2011-12-01
Series:Muṭāli̒āt-i Mudīriyyat-i Ṣan̒atī
Subjects:
Online Access:https://jims.atu.ac.ir/article_4527_c42ce6db886a12d7ebdf1525993847ae.pdf
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author Akbar Alam Tabriz
Ehsan Hamzehi
author_facet Akbar Alam Tabriz
Ehsan Hamzehi
author_sort Akbar Alam Tabriz
collection DOAJ
description One of the most important problems in project management is the undesirable time and cost variances of projects which are not considered before the project implementation. This problem is the result of the risks, occurring in the length of the project implementation. In this case, Risk Management based on PMBOK standard can be proposed as a methodology that is so vital because of uncertain nature of projects and necessity of best resources usage. Also, one of the best methods to prioritize the risks quickly and accurately is Risk Failure Mode & Effect Analysis. In this article, risk assessment is presented by an integrated model based on Risk Management process of PMBOK standard and RFMEA technique in North Azadegan Oil Field Project. Therefore, in order to achieve the purpose of this article, the risks of a project are identified, firstly. Then, they are prioritized by RFMEA technique. The third step focuses on simulating the project by Pert master software. Finally, the response strategies for each high-priority risk are determined.
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spelling doaj.art-7a9086106951455b9a81418ba4b34d382024-01-02T11:15:02ZfasAllameh Tabataba'i University PressMuṭāli̒āt-i Mudīriyyat-i Ṣan̒atī2251-80292476-602X2011-12-019231194527Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA TechniqueAkbar Alam Tabriz0Ehsan Hamzehi1دانشیار دانشکده مدیریت و حسابداری دانشگاه شهید بهشتی، تهرانکارشناس ارشد مدیریت صنعتی دانشگاه شهید بهشتی، تهران، (مسئول مکاتبات)One of the most important problems in project management is the undesirable time and cost variances of projects which are not considered before the project implementation. This problem is the result of the risks, occurring in the length of the project implementation. In this case, Risk Management based on PMBOK standard can be proposed as a methodology that is so vital because of uncertain nature of projects and necessity of best resources usage. Also, one of the best methods to prioritize the risks quickly and accurately is Risk Failure Mode & Effect Analysis. In this article, risk assessment is presented by an integrated model based on Risk Management process of PMBOK standard and RFMEA technique in North Azadegan Oil Field Project. Therefore, in order to achieve the purpose of this article, the risks of a project are identified, firstly. Then, they are prioritized by RFMEA technique. The third step focuses on simulating the project by Pert master software. Finally, the response strategies for each high-priority risk are determined.https://jims.atu.ac.ir/article_4527_c42ce6db886a12d7ebdf1525993847ae.pdfrisk identificationqualitative risk analysisquantitative risk analysisrisk response planningrisk failure mode and effect analysis
spellingShingle Akbar Alam Tabriz
Ehsan Hamzehi
Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique
Muṭāli̒āt-i Mudīriyyat-i Ṣan̒atī
risk identification
qualitative risk analysis
quantitative risk analysis
risk response planning
risk failure mode and effect analysis
title Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique
title_full Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique
title_fullStr Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique
title_full_unstemmed Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique
title_short Project Risk Evaluation and Analysis Using Risk Management Based on PMBOK Standard and RFMEA Technique
title_sort project risk evaluation and analysis using risk management based on pmbok standard and rfmea technique
topic risk identification
qualitative risk analysis
quantitative risk analysis
risk response planning
risk failure mode and effect analysis
url https://jims.atu.ac.ir/article_4527_c42ce6db886a12d7ebdf1525993847ae.pdf
work_keys_str_mv AT akbaralamtabriz projectriskevaluationandanalysisusingriskmanagementbasedonpmbokstandardandrfmeatechnique
AT ehsanhamzehi projectriskevaluationandanalysisusingriskmanagementbasedonpmbokstandardandrfmeatechnique