Assisting project risk management method selection
by Franck Marle; Thierry Gidel
International Journal of Project Organisation and Management (IJPOM), Vol. 6, No. 3, 2014

Abstract: Projects have spread into companies and are more than ever exposed to risk, because of tight constraints, uncertainty, complexity and change. Risk management thus plays an important role in project management. Since there are more and more available methods in the literature, it has become increasingly difficult to choose the right one. Our objective in this paper is to introduce and analyse the main existing project risk management (PRM) methods and to provide decision-makers with a model to assist them to select one of these methods for their projects. To do this, we first investigate the existing methods in the PRM field and the criteria that should be considered for the selection. Secondly, we propose a simple multi criteria decision making (MCDM) model which screens out inadequate methods and ranks remaining alternatives. An application for one example is presented and some conclusions and perspectives are drawn.

Online publication date: Fri, 31-Oct-2014

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Project Organisation and Management (IJPOM):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com