EconPapers    
Economics at your fingertips  
 

Standard Project Risk Analysis Approach

Žužek Tena (), Rihar Lidija (), Berlec Tomaž () and Kušar Janez ()
Additional contact information
Žužek Tena: Faculty of Mechanical Engineering, University of Ljubljana, Ljubljana, Slovenia
Rihar Lidija: Faculty of Mechanical Engineering, University of Ljubljana, Ljubljana, Slovenia
Berlec Tomaž: Faculty of Mechanical Engineering, University of Ljubljana, Ljubljana, Slovenia
Kušar Janez: Faculty of Mechanical Engineering, University of Ljubljana, Ljubljana, Slovenia

Business Systems Research, 2020, vol. 11, issue 2, 149-158

Abstract: Background: To stay competitive in a highly unpredictable market of today, companies must be able to manage project risks effectively. The basis for an effective risk management is a thorough risk analysis. Despite the availability of many different risk analysis approaches, companies can be reluctant to use them, since the models are usually complex and very time consuming.

Keywords: risk management; risk analysis; standard risk model; risk map (search for similar items in EconPapers)
JEL-codes: O22 O32 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.2478/bsrj-2020-0021 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bit:bsrysr:v:11:y:2020:i:2:p:149-158:n:11

DOI: 10.2478/bsrj-2020-0021

Access Statistics for this article

Business Systems Research is currently edited by Mirjana Pejić Bach

More articles in Business Systems Research from Sciendo
Bibliographic data for series maintained by Peter Golla ().

 
Page updated 2021-06-19
Handle: RePEc:bit:bsrysr:v:11:y:2020:i:2:p:149-158:n:11