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Insight Into Project Risk Management

Author

Listed:
  • Mihai Alexandru Botezatu

    (Romanian-American University, Bucharest, Romania)

Abstract

The unprecedented development of project work within all types of organizations and activities, makes specific project issues be largely presented and analyzed in the literature. Project management, as a temporary management activity with precisely defined objectives and resources, has a number of features that require the managerial skills, knowledge and excellent competencies. Lately, increased complexity, duration and diversity of the issues addressed in projects have triggered hazards making room to risk situations which are more and more present. Under such circumstances, risk management is designed to anticipate, prevent, manage and establish the reaction of the project team to possible risk situations, thus becoming an important component of management. This article presents several risk management aspects and ways of taking action for achieving a successful project.

Suggested Citation

  • Mihai Alexandru Botezatu, 2016. "Insight Into Project Risk Management," Journal of Information Systems & Operations Management, Romanian-American University, vol. 10(1), pages 137-150, May.
    • Handle: RePEc:rau:jisomg:v:10:y:2016:i:1:p:137-150
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    File URL: http://www.rebe.rau.ro/RePEc/rau/jisomg/SU16/JISOM-SU16-A14.pdf
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    References listed on IDEAS

    as
    1. James K. Mccollum, 2015. "The Importance Of Project Management Software And Systems Engineering In Mega Projects," Journal of Information Systems & Operations Management, Romanian-American University, vol. 9(2), pages 242-248, December.
    2. repec:rau:journl:v:10:y:2015:i:2:p:242-248 is not listed on IDEAS
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    Cited by:

    1. Mihai Alexandru Botezatu & Alexandra Hosszu & Cornelia Paulina Botezatu & Cezar Botezatu, 2019. "Accessing European Funds Through Projects - A Modern Solution For The Organizational Management In Implementing Social Responsibility Measures," Journal of Information Systems & Operations Management, Romanian-American University, vol. 13(2), pages 7-26, December.

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