| The effectiveness of risk management: an analysis of project risk planning across industries and countries. | |
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MedLine Citation:
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PMID: 20723146 Owner: NLM Status: In-Data-Review |
Abstract/OtherAbstract:
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This article examines the effectiveness of current risk management practices to reduce project risk using a multinational, multi-industry study across different scenarios and cultures. A survey was administered to 701 project managers, and their supervisors, in seven industries and three diverse countries (New Zealand, Israel, and Japan), in multiple languages during the 2002-2007 period. Results of this study show that project context-industry and country where a project is executed-significantly impacts perceived levels of project risk, and the intensity of risk management processes. Our findings also suggest that risk management moderates the relationship between risk level and project success. Specifically, we found that even moderate levels of risk management planning are sufficient to reduce the negative effect risk levels have on project success. |
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Authors:
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Ofer Zwikael; Mark Ahn |
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Publication Detail:
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Type: Journal Article Date: 2010-08-17 |
Journal Detail:
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Title: Risk analysis : an official publication of the Society for Risk Analysis Volume: 31 ISSN: 1539-6924 ISO Abbreviation: Risk Anal. Publication Date: 2011 Jan |
Date Detail:
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Created Date: 2011-01-04 Completed Date: - Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 8109978 Medline TA: Risk Anal Country: United States |
Other Details:
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Languages: eng Pagination: 25-37 Citation Subset: IM |
Copyright Information:
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© 2010 Society for Risk Analysis. |
Affiliation:
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School of Management, Marketing and International Business, ANU College of Business and Economics, The Australian National University, Australia. Willamette University, OR, USA. |
Export Citation:
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From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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