The current state of project risk management in the transport sector

Masár, Matej; Hudáková, Mária; Šimák, Ladislav; Brezina, Daniel

doi:10.1016/j.trpro.2019.07.156

Cited by 7 publications

(7 citation statements)

References 5 publications

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“…A greater share of articles on risk was expected in the projects, as it was characterised as significant in the period 2000-2015 in the work of Padalkar, and Gopinath (Padalkar, and Gopinath, 2016), and as one of the main trends in the period 2006-2012 in the work of Pollack and Adler (Pollack, and Adler, 2015). It also seems that some of the project failures are due to neglect in this matter (Masár et al, 2019;Teller, and Kock, 2013;Khameneh et al, 2016). Articles dealing with uncertainty in the project (11 articles) have also been included in this area, as there is a close relationship between uncertainty and risk (Lachhab et al, 2017).…”

Section: Discussionmentioning

confidence: 99%

Achievements to date and existing research gaps in project management in the light of literature studies

Mindur¹,

Managemen²

2020

SPSUTOM

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The purpose of this article was to identify current development directions and potential research gaps in project management. Design/methodology/approach: The method of systematic review of articles published in the Elsevier-Science Direct database in the years 2000-2019 was used, where the search phrase was "project management" and the type of articles was "research articles". In order to answer the research questions posed, an additional method of analysis and criticism of the literature was used. Findings: The following conclusions were drawn from the analysis of the articles: a) almost a third of them concerned the practical application of PM issues in one clearly defined sector of the economy, with the most common reference being to the building sector and IS/IT, b) most articles were created in English-speaking countries (47%), c) the largest number of articles concerned the area of human resource (HR) management, including many subjects of qualifications and leadership, d) of the ten areas of knowledge specified in PMBoK, "HR" and "scheduling/time" were the most popular, followed by risk-related issues. Practical implications: The findings of this article would contribute to building a strong and coherent theory and identify best practices in project management. Originality/value: The most important achievement is the recognition of two areas of knowledge-lean management and game theory-where little research has been done so far, and whose solutions and methods could be successfully implemented inside PM.

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Section: Discussionmentioning

confidence: 99%

Achievements to date and existing research gaps in project management in the light of literature studies

Mindur¹,

Managemen²

2020

SPSUTOM

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“…Scientists from Slovakia studied the impact of HR risks on the country's transportation sector (Masár and Hudáková 2020). They identified major HR risks such as the insufficient qualification of personnel, human errors, and a decreased involvement of personnel.…”

Section: Literature Reviewmentioning

confidence: 99%

Developing a System for Monitoring Human Resource Risks in a Digital Economy

Babkin

Pulyaeva

Иванова

et al. 2023

Risks

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Human resource (HR) risks are significant negative aspects of any organization. The main problem in the theory and practice of modern organizations is that there is no complex model and algorithm for managing HR risks. To define the essence of HR risks and basic approaches to their management, the authors conducted a survey of employees concerning the HR sphere. The authors used cluster and correlation–regression analysis to process the results of the survey conducted among employees about HR risks. Relying on general scientific research methods, data from open sources, including the review of scientific papers of foreign and national researchers and practitioners, and considering the opinions of the sociological survey respondents, the authors concluded that there is a need for carrying out close work with personnel to prevent conflicts in the working environment, increase the motivation for work, and involve the management team in regulating labor relationships. The scientific novelty of the study is that it considers the process of managing HR risks from a systemic perspective, while they are monitored based on the conceptual model suggested in the study. The models developed by the authors can be used in reality for managing HR risks faced by economic entities.

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“…Risk assessment is therefore so important and various methods have been developed for it. Current standards and methodologies (PMI, IPMA, CAS, ISO) require project risk management in each project life cycle [6,10,47,48].…”

Section: Project Risk Managementmentioning

confidence: 99%

Sustainability of Business through Project Risk Identification with Use of Expert Estimates

et al. 2021

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Projects are a tool that enables enterprises to implement innovation and development activities and achieve the goals in the set time, costs and required quality but they also bring risks that need to be adequately identified, analyzed and assessed. Important tools that can be used in project management in the process of risk identification are expert estimates. However, little attention is paid to determining the accuracy of expert estimates. To verify the accuracy of expert estimates, an analysis of all completed projects for a certain period of enterprise that implemented them was performed. The purpose of the study was to determine the accuracy of expert estimates in the enterprise implementing projects. This was ascertained by analyzing all available completed projects and by Barnard’s test at the significance level of α = 0.05. The Phi coefficient of association was used to determine its extent. In the paper, we pointed out how inappropriate expert estimates affect the completion of the project within the specified period.

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The current state of project risk management in the transport sector

Cited by 7 publications

References 5 publications

Achievements to date and existing research gaps in project management in the light of literature studies

Achievements to date and existing research gaps in project management in the light of literature studies

Developing a System for Monitoring Human Resource Risks in a Digital Economy

Sustainability of Business through Project Risk Identification with Use of Expert Estimates

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