Project practitioner experience in risk ranking analysis – an empirical study in Malaysia and Singapore
Pang Der-Jiun (),
Kamran Shavarebi and
Sokchoo Ng
Operations Research and Decisions, 2022, vol. 32, issue 2, 125-136
Abstract:
Despite the Information Technology (IT) sector’s continuing growth driving massive demand for IT project practitioners, the high failure rate of IT projects has caused enormous losses for many organizations. Establishing effective and proactive practice for project risk management (PRM) is imperative. Risk exposure scoring is becoming a critical risk classifier in prioritizing items in descending order, developing plans to address the most significant factors, and leaving the rest on a “watch list”. This study analyzes responses from targeted project managers (PM) in Malaysia- Singapore to a survey. The author ranked the intrinsic risk of projects and investigated the effect of a project practitioner’s level of experience in risk assessment. The results indicated that a project practitioner’s assessments of risk depend on the number of years of experience acquired.
Keywords: ranking project risk; project management techniques; assessment tool; project management success; practitioner experience (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://ord.pwr.edu.pl/assets/papers_archive/ord2022vol32no2_8.pdf (application/pdf)
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:wut:journl:v:32:y:2022:i:2:p:125-136:id:8
DOI: 10.37190/ord220208
Access Statistics for this article
More articles in Operations Research and Decisions from Wroclaw University of Science and Technology, Faculty of Management Contact information at EDIRC.
Bibliographic data for series maintained by Adam Kasperski ().