scholarly journals EXPLOITING POSITIVE RISK THROUGH ORGANIZATIONAL CULTURE AND PROACTIVE IDENTIFICATION

Author(s):  
Valerie Denney

<p>Risk management is commonly accepted as a foundational management process to increase the likelihood of project success. Risks can be categorized as either threats (negative events or conditions) or opportunities (positive). This qualitative study explored the positive side of risk management to examine if opportunity management is still underutilized by practitioners, as has been reported in previous studies and standards. Recommendations from this study for improved use of opportunity management include development of: (a) specific training on opportunity management (b) catalog of opportunity examples, and (c) template for the business case for opportunity management. This research provides greater insight to improve the efficacy for current and future project, program, and portfolio managers.</p>

2018 ◽  
Author(s):  
Valerie Denney

<p>Risk management is commonly accepted as a foundational management process to increase the likelihood of project success. Risks can be categorized as either threats (negative events or conditions) or opportunities (positive). This qualitative study explored the positive side of risk management to examine if opportunity management is still underutilized by practitioners, as has been reported in previous studies and standards. Recommendations from this study for improved use of opportunity management include development of: (a) specific training on opportunity management (b) catalog of opportunity examples, and (c) template for the business case for opportunity management. This research provides greater insight to improve the efficacy for current and future project, program, and portfolio managers.</p>


Author(s):  
Lucilene Da Silva Silva ◽  
Nathanielle Leite Resende ◽  
Carolinne Kilcia Carvalho Sena Damasceno ◽  
Cristina Maria Miranda de Sousa

Objective: To analyze the knowledge of nursing professionals about the Risk Management Process. Method: qualitative study conducted in a public maternity hospital. Data collection took place in June 2018 and was conducted through a semi-structured interview with the participation of 12 nursing professionals. Data were analyzed with the support of IRAMUTEQ Software. Results: the participants knew about risk management, but it was observed difficulties to conceptualize this process and when the actions taken in relation to the identification of a risk situation, they reported that they would trigger the patient's Safety Center, provide immediate assistance, would communicate the doctor/nurse and inform the institution's management through the ombudsman. Final Considerations: Knowledge about risk management is a theme that is far from the reality of some professionals, so it is necessary to improve the disclosure about what is risk management.


2021 ◽  
Vol 343 ◽  
pp. 07013
Author(s):  
Iulia Dumitraşcu-Băldău ◽  
Alexandru Căpăţînă ◽  
Dănuţ Dumitru Dumitraşcu

International projects with teams in the virtual environment (IPTVE) are known as complex and high risk projects, these features being considered as significant obstacles to project success. Applying the appropriate risk management methodology could increase their success rate, becoming a fundamental tool for decision making. Research on IPTVE management risks is scarce, focused on specific sectors as software development or construction, without taking into account the differences between traditional and international projects. Thereby, risk management within IPTVE becomes a necessary approach for the performance in managing international projects. This article aims to improve the risk management process within IPTVE, by proposing a flexible theoretical model of the process.


2020 ◽  
Vol 17 (1) ◽  
pp. 68-77
Author(s):  
V. E. Zaikovsky ◽  
A. V. Karev

Project success depends on the ability to respond to risks and make correct decisions in a timely manner. The project approach provides a better framework for implementing a new management system into the company’s business processes. The risk management framework developed by the company comprises a risk management infrastructure, a set of standards, human resources, and a risk management information system. To improve staff compliance, it is necessary to provide training and to communicate the goals of the project effectively. It is also important to develop a motivation system because well trained and motivated staff are able to work more efficiently.


Forests ◽  
2021 ◽  
Vol 12 (3) ◽  
pp. 344
Author(s):  
Courtney A. Schultz ◽  
Lauren F. Miller ◽  
Sarah Michelle Greiner ◽  
Chad Kooistra

To support improved wildfire incident decision-making, in 2017 the US Forest Service (Forest Service) implemented risk-informed tools and processes, together known as Risk Management Assistance (RMA). The Forest Service is developing tools such as RMA to improve wildfire decision-making and implements these tools in complex organizational environments. We assessed the perceived value of RMA and factors that affected its use to inform the literature on decision support for fire management. We sought to answer two questions: (1) What was the perceived value of RMA for line officers who received it?; and (2) What factors affected how RMA was received and used during wildland fire events? We conducted a qualitative study involving semi-structured interviews with decision-makers to understand the contextualized and interrelated factors that affect wildfire decision-making and the uptake of a decision-support intervention such as RMA. We used a thematic coding process to analyze our data according to our questions. RMA increased line officers’ ability to communicate the rationale underlying their decisions more clearly and transparently to their colleagues and partners. Our interviewees generally said that RMA data analytics were valuable but did not lead to changes in their decisions. Line officer personality, pre-season exposure to RMA, local political dynamics and conditions, and decision biases affected the use of RMA. Our findings reveal the complexities of embracing risk management, not only in the context of US federal fire management, but also in other similar emergency management contexts. Attention will need to be paid to existing decision biases, integration of risk management approaches in the interagency context, and the importance of knowledge brokers to connect across internal organizational groups. Our findings contribute to the literature on managing change in public organizations, specifically in emergency decision-making contexts such as fire management.


2021 ◽  
Vol 13 (7) ◽  
pp. 3710
Author(s):  
Nijolė Batarlienė ◽  
Maksimas Meleniakas

A claim can be understood as a negative result of the performance of a contract, as it is necessary to fulfill the obligation and/or indemnify (freight damage claim, for example). Today’s claims management faces a variety of problems, such as inefficient claims postings, possible data forgery, and a very lengthy claims resolution process. All these problems can be solved by using a synthesis of innovative tools, e.g., a blockchain system, game theory, and statistical methods. Theoretical possibilities and practical examples regarding solving claims management problems were identified by analyzing various scientific sources. However, it remained unclear whether these methods could interact with each other, complicate the existing claims settlement process or not, or whether a synthesis of such measures would be viable. Therefore, a qualitative study was conducted and answers to the above questions were found. The research revealed that 75% of international Lithuanian logistics companies can apply the synthesis of these methods in claims management and solutions. Using the concordance coefficient formula, the value of W was calculated. This coefficient indicated that the opinions of the experts who participated in the study were somewhat similar. The value of the actual χ2 distribution was also calculated. The result obtained shows that the experts’ opinions were somewhat harmonized and that their compatibility was not accidental. The use of blockchain system synthesis in combination with game theory and statistical methods could help international logistics companies to reduce their costs, speed up the management process, and increase data security and reliability while ensuring structured one-stop claims management.


Author(s):  
Ali Varshosaz ◽  
João Varajão ◽  
Nilton Takagi

DeLone and McLean information systems success model has become a reference for explaining the success of information systems (IS). Attempts to apply and test the model have resulted in both confirmation and challenges. One of those challenges is how to translate the learnings from this model into actionable knowledge. This position paper proposes the integration of the information systems success model with the success management process as a way of getting synergies from both models and improving the study and practice of IS projects. Moreover, the authors present several examples of IS success measures to be used in practice.


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