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The communicative effect of risk identification on project success

Author

Listed:
  • Karel De Bakker
  • Albert Boonstra
  • Hans Wortmann

Abstract

Risk management is an instrument used by project managers to execute and control their projects to assure that outcomes are aligned with project plans. Existing evidence for the contribution of this instrument to project success is not convincing, because this evidence is often based on assumptions that prove inaccurate for most projects. These assumptions were addressed in an experiment involving 53 project groups. The results from this experiment demonstrate that the use of risk identification, a single risk management activity, positively influences objective and perceived project success. Communication between project members during risk identification plays a crucial role in this relation.

Suggested Citation

  • Karel De Bakker & Albert Boonstra & Hans Wortmann, 2014. "The communicative effect of risk identification on project success," International Journal of Project Organisation and Management, Inderscience Enterprises Ltd, vol. 6(1/2), pages 138-156.
    • Handle: RePEc:ids:ijpoma:v:6:y:2014:i:1/2:p:138-156
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    Citations

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    Cited by:

    1. Huang, Wencheng & Zhang, Yue & Yu, Yaocheng & Xu, Yifei & Xu, Minhao & Zhang, Rui & De Dieu, Gatesi Jean & Yin, Dezhi & Liu, Zhanru, 2021. "Historical data-driven risk assessment of railway dangerous goods transportation system: Comparisons between Entropy Weight Method and Scatter Degree Method," Reliability Engineering and System Safety, Elsevier, vol. 205(C).
    2. Wencheng Huang & Yueyang Li & Xingyi Kou & Wenzhe Wang & Yifei Xu, 2021. "Using a FMEA–TIFIAD Approach to Identify the Risk of Railway Dangerous Goods Transportation System," Group Decision and Negotiation, Springer, vol. 30(1), pages 63-95, February.

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