Aspects Regarding Risk Management in Projects
The risk management and the risk manager are mandatory elements for a success activity in business and implicitly in projects. Avoiding the risks is a sure way to failure. A higher risk can lead to a higher benefit. « The higher risk is the absence of the risk ». If the risk exists, through risk man...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Agroprint Timisoara
2023-10-01
|
| Series: | Scientific Papers Animal Science and Biotechnologies |
| Subjects: | |
| Online Access: | https://spasb.ro/index.php/public_html/article/view/1563 |
| _version_ | 1797215844976033792 |
|---|---|
| author | Cosmina-Simona Toader Ioan Brad Andreea Mihaela Radac Diana Marin |
| author_facet | Cosmina-Simona Toader Ioan Brad Andreea Mihaela Radac Diana Marin |
| author_sort | Cosmina-Simona Toader |
| collection | DOAJ |
| description | The risk management and the risk manager are mandatory elements for a success activity in business and implicitly in projects. Avoiding the risks is a sure way to failure. A higher risk can lead to a higher benefit. « The higher risk is the absence of the risk ». If the risk exists, through risk management it can be controlled, but if the risk is not identified, certainly there are hidden risks which difficult to control. An improper risk management can generate important financial, political and even human losses. It is necessary to implement a risk management system which becomes an important objective both for the project itself and for those involved in realizing it. Even if the risk management is not an easy and cheap activity, the risk should not be considered as a negative element because it can offer extraordinary opportunities for those who know how to valuate it. One of the main objectives of the projects must be the identification of the risk in order to valuate it for the own benefit. Looking behind we can realize that the existence of risks led to the development of risk management structures, if the risk would have been avoided the humanity would not have progressed. |
| first_indexed | 2024-04-24T11:36:32Z |
| format | Article |
| id | doaj.art-af63872b89414fc588bd2cfdb5f30f73 |
| institution | Directory Open Access Journal |
| issn | 1841-9364 2344-4576 |
| language | English |
| last_indexed | 2024-04-24T11:36:32Z |
| publishDate | 2023-10-01 |
| publisher | Agroprint Timisoara |
| record_format | Article |
| series | Scientific Papers Animal Science and Biotechnologies |
| spelling | doaj.art-af63872b89414fc588bd2cfdb5f30f732024-04-10T05:19:55ZengAgroprint TimisoaraScientific Papers Animal Science and Biotechnologies1841-93642344-45762023-10-014324544541563Aspects Regarding Risk Management in ProjectsCosmina-Simona Toader0Ioan Brad1Andreea Mihaela Radac2Diana Marin3Banat’s University of Agricultural Sciences and Veterinary Medicine, 300645 - Timişoara,, Calea Aradului, 119, Romania Banat’s University of Agricultural Sciences and Veterinary Medicine, 300645 - Timişoara,, Calea Aradului, 119, Romania Banat’s University of Agricultural Sciences and Veterinary Medicine, 300645 - Timişoara,, Calea Aradului, 119, Romania Banat’s University of Agricultural Sciences and Veterinary Medicine, 300645 - Timişoara,, Calea Aradului, 119, Romania The risk management and the risk manager are mandatory elements for a success activity in business and implicitly in projects. Avoiding the risks is a sure way to failure. A higher risk can lead to a higher benefit. « The higher risk is the absence of the risk ». If the risk exists, through risk management it can be controlled, but if the risk is not identified, certainly there are hidden risks which difficult to control. An improper risk management can generate important financial, political and even human losses. It is necessary to implement a risk management system which becomes an important objective both for the project itself and for those involved in realizing it. Even if the risk management is not an easy and cheap activity, the risk should not be considered as a negative element because it can offer extraordinary opportunities for those who know how to valuate it. One of the main objectives of the projects must be the identification of the risk in order to valuate it for the own benefit. Looking behind we can realize that the existence of risks led to the development of risk management structures, if the risk would have been avoided the humanity would not have progressed.https://spasb.ro/index.php/public_html/article/view/1563managementriskstrategy |
| spellingShingle | Cosmina-Simona Toader Ioan Brad Andreea Mihaela Radac Diana Marin Aspects Regarding Risk Management in Projects Scientific Papers Animal Science and Biotechnologies management risk strategy |
| title | Aspects Regarding Risk Management in Projects |
| title_full | Aspects Regarding Risk Management in Projects |
| title_fullStr | Aspects Regarding Risk Management in Projects |
| title_full_unstemmed | Aspects Regarding Risk Management in Projects |
| title_short | Aspects Regarding Risk Management in Projects |
| title_sort | aspects regarding risk management in projects |
| topic | management risk strategy |
| url | https://spasb.ro/index.php/public_html/article/view/1563 |
| work_keys_str_mv | AT cosminasimonatoader aspectsregardingriskmanagementinprojects AT ioanbrad aspectsregardingriskmanagementinprojects AT andreeamihaelaradac aspectsregardingriskmanagementinprojects AT dianamarin aspectsregardingriskmanagementinprojects |