2020
DOI: 10.14743/apem2020.1.352
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Integrated management systems based on risk assessment: Methodology development and case studies

Abstract: The implementation of management systems in organizations is often based on a "blind" meeting of requirements set by the selected standard, while these requirements are not in direct relation to the risks of the organizations. Therefore, it often happens that the established management system is not operational or is not aligned with the context and real needs of the organization. This paper presents general model for the design of an integrated management system based on risk assessment of organization's proc… Show more

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Cited by 10 publications
(4 citation statements)
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“…The results of the study provide information for contractors, supervision, consultants, and owners regarding the most influential factors causing delays occurring during the implementation of construction projects in Aceh Province; accordingly, they are expected to provide an overview for managing the risks of uncertainty in the implementation of construction projects and avoiding losses. Moreover, this information can help increase profits while maintaining the specified quality, and successful risk management can be applied to implement projects, to accelerate project work, and to reduce overall costs [42,43]. Time, quality, and cost are three important components when planning a construction project.…”
Section: Discussionmentioning
confidence: 99%
“…The results of the study provide information for contractors, supervision, consultants, and owners regarding the most influential factors causing delays occurring during the implementation of construction projects in Aceh Province; accordingly, they are expected to provide an overview for managing the risks of uncertainty in the implementation of construction projects and avoiding losses. Moreover, this information can help increase profits while maintaining the specified quality, and successful risk management can be applied to implement projects, to accelerate project work, and to reduce overall costs [42,43]. Time, quality, and cost are three important components when planning a construction project.…”
Section: Discussionmentioning
confidence: 99%
“…These goals are general for all industries and all types of projects. Project management should adjust these 5 goals for each project according to the level of experience in the science of project management [21].…”
Section: Project Managementmentioning
confidence: 99%
“…An understanding for risks and adapting efficiently to business changes are essential for the companies to maintaining a stable position within the industry. Through the requirements, companies have to consider the implementation of different management systems, which may bring additional risks to business performance (Vulanovic et al, 2020). Those responsible roles must establish management activities, which are necessary to identify and prioritize supporting applications, business processes and measures in order to conduct a business and risk impact analysis.…”
Section: Literature Reviewmentioning
confidence: 99%