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Project Risk Management

Author

Listed:
  • Gumovschi Ana

    (Academy of Economic Studies from Republic of Moldova)

  • Aurelia Marianciuc

    (Academy of Economic Studies from Republic of Moldova)

Abstract

Risk management is recognized as an essential contributor to business and project success, since it focuses on addressing uncertainties in a proactive manner in order to minimize threats, maximize opportunities, and optimize achievement of objectives. The most significant critical success factor for an effective risk management is the selection of the most appropriate strategy for every type of risk, classified according the potential impact.

Suggested Citation

  • Gumovschi Ana & Aurelia Marianciuc, 2008. "Project Risk Management," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 41(4), pages 58-64.
    • Handle: RePEc:blg:reveco:v:41:y:2008:i:4:p:58-64
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    File URL: http://economice.ulbsibiu.ro/RePEc/blg/reveco/417gumovschi&marianciuc.pdf
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    Citations

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    Cited by:

    1. Armstrong Amoah & Frederic Marimon, 2021. "Project Managers as Knowledge Workers: Competencies for Effective Project Management in Developing Countries," Administrative Sciences, MDPI, vol. 11(4), pages 1-13, November.
    2. S.A. Adebisi & R. Oyedeji & O. Azeez, 2015. "Boko Haram Insurgency in Nigeria: Defining, Addressing and Understanding its Impact on Telecommunication Industry," Economics and Management Research Projects: An International Journal, Open Access International Journals, vol. 5(1), pages 10-17, December.
    3. Costel SERBAN, 2016. "A New Approach For The Economical Efficiency Concept For Investments," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(1), pages 271-284, November.
    4. Romanescu Marcel Laurentiu, 2016. "The Analysis Of Risk Management Process Within Management," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 101-105, October.
    5. S A Adebisi & Olufemi A Ogunkoya, 2014. "Dynamic Capabilities, Network Resources and Organizational Performance of Banks in the Nigerian Business Environment," Economics and Management Research Projects: An International Journal, Open Access International Journals, vol. 4(1), pages 1-9, December.

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