Risk Assessments in Global Projects Annotated Bibliography

Apostolopoulos, C., Halikias, G., Maroukian, K., & Tsaramirsis, G. (2016). Facilitating organizational decision making: A change risk assessment model case study. Journal of Modelling in Management, 11(2), 694-721.

The authors of this article, Apostolopolus, Halikias, Maroukian, and Tsaramirsis are professors at City University London and have sufficient knowledge in the various fields which are directly related in a way, to understanding Risk Assessments in Global Projects, that is, computer science, mathematics, engineering, and IT. Apostolopolus, Halikias, Maroukian, and Tsaramirsis (2016) discuss how the knowledge in these professional areas in their research can be used to improve decision making in the field of project management concerning risk assessment. The article discusses emphasizes standards like PMBOKand SCRUM regarding their influences on risk management. The article also tends to inform the target audience about the ability of the complex decision making in the timeline of a project in changing the risk assessment. The researchers also provide knowledge concerning the tools and techniques required to properly assess risks in global projects. The source is appropriate and relevant for understanding risk assessments in global projects as it provides details as it provides details on the possible effects and how to manage them.

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Cagliano, A., Grimaldi, S., & Rafele, C. (2014). Choosing project risk management techniques. A theoretical framework. Journal Of Risk Research, 18(2), 232-248. doi: 10.1080/13669877.2014.896398

The research article recognizes that there is the increasing need to ensure quality while reducing costs and time places as a way of recognizing and emphasizing particular on the management of risk in projects. The article provides that knowledge on risk management practices is necessary for every organization which would wish to accomplish any project. The article is applicable to accomplishing the research on the topic in that it can be used to increase understanding of how to integrate the necessary processes of risk management and knowledge management.

Hofman, M., & Grela, G. (2017). Taxonomy of the project portfolio risks - an empirical investigation. Procedia Computer Science, 121, 137-144. Doi: 10.1016/j.procs.2017.11.019

This article tends to establish portfolio risk categorization of projects. The researchers utilized the information available in the works of literature to develop a project portfolio on which assessment was carried out. The research carried out the exercise appropriately and therefore successful by considering various risks and the likelihood of their occurrence in an internal project. The research reveals that project management practice is necessary to intervene in the possible cases of risks which may arise in the course of accomplishing the various project tasks.

Irfandhi, K. (2016). Risk Management in Information Technology Project: An Empirical Study. Comtech: Computer, Mathematics And Engineering Applications, 7(3), 191. Doi: 10.21512/comtech.v7i3.2498

Irfandhi, who is a professor at the Binus University, tends to investigate the risk assessment strategies in terms of utilization of the various information technology tools. The researcher suggests that many organizations face some risks as a result of the dynamics brought about by the continuously changing project management environment. The author suggests that risk analysis is a great interventional way through which an organization can achieve a sound approach to project management by identifying the risks and their potential effects. The article is applicable to the topic under research research

Jasiukevicius, L., & Vasiliauskaite, A. (2015). Risk Assessment in Public Investment Projects: Impact of Empirically-grounded Methodology on Measured Values of Intangible Obligations in Lithuania. Procedia - Social And Behavioral Sciences, 213, 370-375. doi: 10.1016/j.sbspro.2015.11.553

Jasiukevicius and Vasiliauskaite (2015) focus on investigating the probability of risks with respect to the management of projects established at international levels. The researchers used both the theoretical and the empirically grounded research information to carry out this form of study. The findings reveal that a project is liable to potential risks for which reason there is a need to initiate and accomplish proper management practices.

Rabechini Junior, R., & Monteiro de Carvalho, M. (2013). Understanding the Impact of Project Risk Management on Project Performance: An Empirical Study. Journal Of Technology Management & Innovation, 8, 11-12. doi: 10.4067/s0718-27242013000300006

The researchers of this article are professors who have adequate knowledge in the field of project management. The researchers focus on investigating on the probable influence of risk management on the performance of a project. The research is accomplished by considering a number of projects in Brazil. The reveals of the study reveal that the willingness of an organization to adopt risk management practices is a significant step towards achieving project success. The impact is also positive with regard to the performance of the manager involved. The article is appropriate as it provides details covering the requirements of the topic.

Rodrigues-da-Silva, L., & Crispim, J. (2014). The Project Risk Management Process, a Preliminary Study. Procedia Technology, 16, 943-949. Doi: 0.1016/j.protcy.2014.10.047. Retrieved from: https://www.researchgate.net/publication/275244667

The researchers of this article, Rodrigues-da-Silva and Crispim are professors in the University of Minho, Guimaraes, Braga, Portugal and who are experts in the field of project management. The article recognizes that risk management process in projects is a vital chain of practices which make the basis of the decision-agents plan and the execution of actions. The authors emphasize that this exercise is necessary for the purpose of ensuring control of the results to limit the implementation activities of the project within certain conditions like cost, time, and the quality parameters' set. Ensuring this is a strategic approach through which risk assessment in global projects can be achieved. On the same note, the authors indicate that risk assessment is necessary and should be implemented with regard to the complexity or maturity level of a given organization. The researchers suggest the implication for the future research; proper framework should be put in place to promote risk assessment. The article is useful since it provides adequate knowledge of the topic with empirical evidence.

Siriram, R. (2018). PROJECT MANAGEMENT ASSESSMENTS (PMAs): AN EMPIRICAL STUDY. South African Journal Of Industrial Engineering. doi: 10.7166/29-1-1675

Sriram in his article tends to compare project management assessments from four different firms found in four different industry sectors. The comparison is undertaken with respect to the need to understand the applicability of risk assessment strategies' in these organizations. The research reveals the assessment of risks in such industries can be accomplished through various applicable project management practices. The research report reveals considerable opportunities for project management practitioners. The researcher also includes the implications of future research based on the current finding. The article covers the scope of the topic hence it is applicable.

References

Apostolopoulos, C., Halikias, G., Maroukian, K., & Tsaramirsis, G. (2016). Facilitating organizational decision making: A change risk assessment model case study. Journal of Modelling in Management, 11(2), 694-721.

Cagliano, A., Grimaldi, S., & Rafele, C. (2014). Choosing project risk management techniques. A theoretical framework. Journal Of Risk Research, 18(2), 232-248. doi: 10.1080/13669877.2014.896398

Hofman, M., & Grela, G. (2017). Taxonomy of the project portfolio risks - an empirical investigation. Procedia Computer Science, 121, 137-144. doi: 10.1016/j.procs.2017.11.019

Irfandhi, K. (2016). Risk Management in Information Technology Project: An Empirical Study. Comtech: Computer, Mathematics And Engineering Applications, 7(3), 191. doi: 10.21512/comtech.v7i3.2498

Jasiukevicius, L., & Vasiliauskaite, A. (2015). Risk Assessment in Public Investment Projects: Impact of Empirically-grounded Methodology on Measured Values of Intangible Obligations in Lithuania. Procedia - Social And Behavioral Sciences, 213, 370-375. doi: 10.1016/j.sbspro.2015.11.553

Rabechini Junior, R., & Monteiro de Carvalho, M. (2013). Understanding the Impact of Project Risk Management on Project Performance: An Empirical Study. Journal Of Technology Management & Innovation, 8, 11-12. doi: 10.4067/s0718-27242013000300006

Rodrigues-da-Silva, L., & Crispim, J. (2014). The Project Risk Management Process, a Preliminary Study. Procedia Technology, 16, 943-949. doi: 10.1016/j.protcy.2014.10.047

Siriram, R. (2018). PROJECT MANAGEMENT ASSESSMENTS (PMAs): AN EMPIRICAL STUDY. South African Journal Of Industrial Engineering. doi: 10.7166/29-1-1675