From experience: applying the risk diagnosing methodology

Keizer, JA Jimme; Halman, Jim Joop; Song, X. Michael

doi:10.1016/s0737-6782(02)00138-8

Cited by 88 publications

(59 citation statements)

References 13 publications

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“…The organizational and technological complexity of projects can generate enormous risks (Marle and Vidal 2011;Aloini et al 2012;Zou et al 2007;Carr and Tah 2001). Managing risks in every phase is very important to improve project success rates (Bush et al 2005;Keizer et al 2002;Smith and Merritt 2002).…”

Section: Literature Survey Risks Involved In Projectsmentioning

confidence: 99%

Analysis of interactions among barriers in project risk management

et al. 2017

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In the context of the scope, time, cost, and quality constraints, failure is not uncommon in project management. While small projects have 70% chances of success, large projects virtually have no chance of meeting the quadruple constraints. While there is no dearth of research on project risk management, the manifestation of barriers to project risk management is a less dwelt topic. The success of project management is oftentimes based on the understanding of barriers to effective risk management, application of appropriate risk management methodology, proactive leadership to avoid barriers, workers' attitude, adequate resources, organizational culture, and involvement of top management. This paper represents various risk categories and barriers to risk management in domestic and international projects through literature survey and feedback from project professionals. After analysing the various modelling methods used in project risk management literature, interpretive structural modelling (ISM) and MICMAC analysis have been used to analyse interactions among the barriers and prioritize them. The analysis indicates that lack of top management support, lack of formal training, and lack of addressing cultural differences are the high priority barriers, among many others.

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Section: Literature Survey Risks Involved In Projectsmentioning

confidence: 99%

Analysis of interactions among barriers in project risk management

et al. 2017

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“…Classification of the sources of risk in terms of the consequences for the innovative process risk turned out to be important. Keizer et al (2002) developed a list that classified risk determinants in the innovative processes, grouping them into 12 groups as a risk concerning product technology, production, sources of supplies, supply chain, competition, acceptance of consumers, trade agents and social acceptance, project management and organization, in terms of intellectual property, price control, product positioning and brand positioning. The sources of risks were discussed for each group as a list of conditions that have to be met to reduce risks of innovative processes.…”

Section: Literature Reviewmentioning

confidence: 99%

The risk involved in implementation of innovations in the real estate market

Sitek

2018

EiP

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Motivation: Innovativeness is considered in the literature as a key success driver that determines competitive advantage of enterprises in the market. However, this activity involves a substantial risk, which is often viewed as one of its major barriers. Nowadays, risk as an element inherent in any business activity is of key importance to enterprises that operate in market conditions and represent the problem that has not been taken into consideration very often. This was the motivation for the analysis of this problem. Moreover, motivation is a widespread aversion to risk among the participants of the real estate market, which, similarly to the necessity to incur substantial expenditures and the uncertainty of the final results connected with the implementation of innovations in the real estate market, represents one of the major barriers to adopt the risk. Aim: The aim of this study is to present risk factors in investment innovative operations in the real estate market. The study proposed the thesis that a specific level of development of the real estate market corresponds to a certain level of the market risk. Results: Based on the questionnaire survey of a local market in the context of feedback concerning the national market and the benefits of innovations and the involved risks, a brief outline of innovative activities in the real estate market was presented, with the involved risk and risk characterization. It was shown that a particularly large share of the risk of innovation activity on the real estate market is at risk for the market, which so far is not very sensitive in Poland and has a high degree of fluctuation of the operating conditions.

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“…In this paper we presented one risk categorization proposed by Keizer et al [41], which is very important since it is related to new product development. These categories of risk are recognized as critical success factors in product innovation projects.…”

Section: Risk Assessment In Innovation Projectsmentioning

confidence: 99%

“…Organizational risks refer to internal project management and external organizational influences. Business risks refer to issues such as the impact of a new product on the company's brand positioning, consumer and trade acceptance, commercial viability, and the potential actions of competitors [41].…”

Section: Risk Assessment In Innovation Projectsmentioning

confidence: 99%