Understanding internally generated risks in projects |
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| Authors: | Richard B Barber |
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| Affiliation: | School of Aerospace Civil and Mechanical Engineering, University College, University of New South Wales, Canberra, ACT, 2600, Australia |
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| Abstract: | This paper identifies a class of risk that is common, important and yet poorly managed in projects. Internally generated risks arise within a project management team or its host organisation, from their management systems, culture and decisions. Even when a project applies recognised risk management processes, and seems to be managing its risks well, research demonstrates that internally generated risks are a different matter altogether. This calls into question how such risks can be managed, and whether current risk management practices need to be changed. |
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| Keywords: | Risk Systems approach Health checks Maturity Implementation |
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