Methodological tools for project risk management

The increasing size and complexity of acquisition and development projects in both the public and private sectors have begun to exceed the capabilities of traditional management techniques to control them. With every new technological development or engineering feat, human endeavours inevitably incr...

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Main Authors: Suciu Cristina, Tulpan Marioara, Cucăilă Marius, Offenberg Alexandra, Sărăcuț Mircea
Format: Article
Language:English
Published: EDP Sciences 2022-01-01
Series:MATEC Web of Conferences
Online Access:https://www.matec-conferences.org/articles/matecconf/pdf/2022/20/matecconf_simpro2022_00082.pdf
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author Suciu Cristina
Tulpan Marioara
Cucăilă Marius
Offenberg Alexandra
Sărăcuț Mircea
author_facet Suciu Cristina
Tulpan Marioara
Cucăilă Marius
Offenberg Alexandra
Sărăcuț Mircea
author_sort Suciu Cristina
collection DOAJ
description The increasing size and complexity of acquisition and development projects in both the public and private sectors have begun to exceed the capabilities of traditional management techniques to control them. With every new technological development or engineering feat, human endeavours inevitably increase in their complexity and ambition. This trend has led to an explosion in the size and sophistication of projects by government and private industry to develop and acquire technology-based systems. These systems are characterised by the often unpredictable interaction of people, organisations, and hardware. This complexity has imposed a complementary rise in the level of adverse events, particularly in acquisition projects, that I often difficult to identify, analyse, and manage. Indeed, managing the risk associated with the acquisition of large-scale technology-based systems has become a challenging task. Such risks cost overrun, time delay in project completion, and not meeting a project’s performance criteria. This paper presents the scientifical results regarding to principles and guidelines necessary to conduct risk management in an adaptable and repeatable framework, showing the tools and method developed in the course of conducting risk management on many different projects.
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spelling doaj.art-c309554d286940bf9e9f4f663abc69152023-01-17T09:15:40ZengEDP SciencesMATEC Web of Conferences2261-236X2022-01-013730008210.1051/matecconf/202237300082matecconf_simpro2022_00082Methodological tools for project risk managementSuciu Cristina0Tulpan Marioara1Cucăilă Marius2Offenberg Alexandra3Sărăcuț Mircea4Doctoral School - University of PetrosaniDoctoral School - University of PetrosaniUniversity of PetrosaniDoctoral School - University of PetrosaniDoctoral School - University of PetrosaniThe increasing size and complexity of acquisition and development projects in both the public and private sectors have begun to exceed the capabilities of traditional management techniques to control them. With every new technological development or engineering feat, human endeavours inevitably increase in their complexity and ambition. This trend has led to an explosion in the size and sophistication of projects by government and private industry to develop and acquire technology-based systems. These systems are characterised by the often unpredictable interaction of people, organisations, and hardware. This complexity has imposed a complementary rise in the level of adverse events, particularly in acquisition projects, that I often difficult to identify, analyse, and manage. Indeed, managing the risk associated with the acquisition of large-scale technology-based systems has become a challenging task. Such risks cost overrun, time delay in project completion, and not meeting a project’s performance criteria. This paper presents the scientifical results regarding to principles and guidelines necessary to conduct risk management in an adaptable and repeatable framework, showing the tools and method developed in the course of conducting risk management on many different projects.https://www.matec-conferences.org/articles/matecconf/pdf/2022/20/matecconf_simpro2022_00082.pdf
spellingShingle Suciu Cristina
Tulpan Marioara
Cucăilă Marius
Offenberg Alexandra
Sărăcuț Mircea
Methodological tools for project risk management
MATEC Web of Conferences
title Methodological tools for project risk management
title_full Methodological tools for project risk management
title_fullStr Methodological tools for project risk management
title_full_unstemmed Methodological tools for project risk management
title_short Methodological tools for project risk management
title_sort methodological tools for project risk management
url https://www.matec-conferences.org/articles/matecconf/pdf/2022/20/matecconf_simpro2022_00082.pdf
work_keys_str_mv AT suciucristina methodologicaltoolsforprojectriskmanagement
AT tulpanmarioara methodologicaltoolsforprojectriskmanagement
AT cucailamarius methodologicaltoolsforprojectriskmanagement
AT offenbergalexandra methodologicaltoolsforprojectriskmanagement
AT saracutmircea methodologicaltoolsforprojectriskmanagement