Risk Management in Logistics Projects: Selected Risk Identification Methods

Agnieszka Gaschi-Uciecha

European Research Studies Journal, 2021, vol. XXIV, issue Special 2 - Part 2, 672-681

Abstract: Purpose: The purpose of the study was not only to present the specifics of logistics project management and risk management but also to draw at-tention to the relevance of the choice of risk identification method – the degree of their usefulness was presented. Design/Methodology/Approach: The method used is a review of domestic and foreign literature.The subject of the research were scientific articles on project management, including logistics and risk management, published by domestic and foreign authors. Findings: Every project, including logistics one, requires the involvement of appropriate re-sources to achieve its objectives. Project management is a complex and multi-faceted process that emphasizes the role of the manager who, by leading a team and utilizing the organization's available resources, strives to achieve the objectives set. One should also remember that each completed project is a great experience, which is gained not only by the contractor but also should be passed on to others who plan the preparation and implementation of the project. However, the type of company, its environment, and resources as well as the specifics of the project should always be taken into ac-count in the project management process. Practical implications: The systematic identification of risks, as well as the application of appropriate control mechanisms, contribute to confidently safeguarding the company against sur-rounding risks. The choice of a single method for identifying risks in logistics projects may not be sufficient to provide a transparent and complete picture of the risks involved in the project. However, it should be borne in mind that too many risk identification methods used may result in data scattering or loss.

Keywords: Logistics projects; project management; risk management; risk identification. (search for similar items in EconPapers)
JEL-codes: R40 R41 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiv:y:2021:i:special2-part2:p:672-681

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