Quantitative Methods for Project Risk Management: A Literature Review
In a globalized world, organizations are constantly exposed to uncertainties. Therefore, risk management is important. To conduct the risk analysis in projects, six management processes are defined, according to the project management guide of the Project Management Institute, and the focus of this...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidade Estadual Paulista
2019-06-01
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| Series: | GEPROS: Gestão da Produção, Operações e Sistemas |
| Subjects: | |
| Online Access: | https://revista.feb.unesp.br/index.php/gepros/editor/submission/2210 |
| _version_ | 1818000772749590528 |
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| author | Cássio Pereira de Paula Gabrielly Araújo Cordeiro Izabela Simon Rampasso Robert Eduardo Cooper Ordóñez Rosley Anholon |
| author_facet | Cássio Pereira de Paula Gabrielly Araújo Cordeiro Izabela Simon Rampasso Robert Eduardo Cooper Ordóñez Rosley Anholon |
| author_sort | Cássio Pereira de Paula |
| collection | DOAJ |
| description | In a globalized world, organizations are constantly exposed to uncertainties. Therefore, risk management is important. To conduct the risk analysis in projects, six management processes are defined, according to the project management guide of the Project Management Institute, and the focus of this work is the study of the quantitative evaluation process. Through a literature review, we aimed to understand the techniques of quantitative analysis of the risks in projects. It was noted that every application requires major investment, whether it be for computational purposes, or for financial or human knowledge, making the use of this management process in smaller projects almost unfeasible. In the 33 articles analyzed, 8 quantitative methods for risk analysis in project management were collected. The results of this research can be used both by researchers, for future research, and by market professionals, to analyze the tool that best suits their needs. |
| first_indexed | 2024-04-14T03:24:59Z |
| format | Article |
| id | doaj.art-fd80f9f734954357939da48d6eb85575 |
| institution | Directory Open Access Journal |
| issn | 1984-2430 |
| language | English |
| last_indexed | 2024-04-14T03:24:59Z |
| publishDate | 2019-06-01 |
| publisher | Universidade Estadual Paulista |
| record_format | Article |
| series | GEPROS: Gestão da Produção, Operações e Sistemas |
| spelling | doaj.art-fd80f9f734954357939da48d6eb855752022-12-22T02:15:11ZengUniversidade Estadual PaulistaGEPROS: Gestão da Produção, Operações e Sistemas1984-24302019-06-0114212914810.15675/gepros.v13i4.2210Quantitative Methods for Project Risk Management: A Literature ReviewCássio Pereira de Paula0Gabrielly Araújo Cordeiro1Izabela Simon Rampasso2Robert Eduardo Cooper Ordóñez3Rosley Anholon4Universidade Estadual de CampinasUniversidade Estadual de CampinasUniversidade Estadual de CampinasUniversidade Estadual de CampinasUniversidade Estadual de CampinasIn a globalized world, organizations are constantly exposed to uncertainties. Therefore, risk management is important. To conduct the risk analysis in projects, six management processes are defined, according to the project management guide of the Project Management Institute, and the focus of this work is the study of the quantitative evaluation process. Through a literature review, we aimed to understand the techniques of quantitative analysis of the risks in projects. It was noted that every application requires major investment, whether it be for computational purposes, or for financial or human knowledge, making the use of this management process in smaller projects almost unfeasible. In the 33 articles analyzed, 8 quantitative methods for risk analysis in project management were collected. The results of this research can be used both by researchers, for future research, and by market professionals, to analyze the tool that best suits their needs.https://revista.feb.unesp.br/index.php/gepros/editor/submission/2210Project managementRisk analysisQuantitative analysisQuantitative methods |
| spellingShingle | Cássio Pereira de Paula Gabrielly Araújo Cordeiro Izabela Simon Rampasso Robert Eduardo Cooper Ordóñez Rosley Anholon Quantitative Methods for Project Risk Management: A Literature Review GEPROS: Gestão da Produção, Operações e Sistemas Project management Risk analysis Quantitative analysis Quantitative methods |
| title | Quantitative Methods for Project Risk Management: A Literature Review |
| title_full | Quantitative Methods for Project Risk Management: A Literature Review |
| title_fullStr | Quantitative Methods for Project Risk Management: A Literature Review |
| title_full_unstemmed | Quantitative Methods for Project Risk Management: A Literature Review |
| title_short | Quantitative Methods for Project Risk Management: A Literature Review |
| title_sort | quantitative methods for project risk management a literature review |
| topic | Project management Risk analysis Quantitative analysis Quantitative methods |
| url | https://revista.feb.unesp.br/index.php/gepros/editor/submission/2210 |
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