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...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
EDP Sciences
2022-01-01
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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. |
first_indexed | 2024-04-10T22:25:35Z |
format | Article |
id | doaj.art-c309554d286940bf9e9f4f663abc6915 |
institution | Directory Open Access Journal |
issn | 2261-236X |
language | English |
last_indexed | 2024-04-10T22:25:35Z |
publishDate | 2022-01-01 |
publisher | EDP Sciences |
record_format | Article |
series | MATEC Web of Conferences |
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 |