Measuring the performance of project risk management: a preliminary model

dc.catalogadorgrr
dc.contributor.authorSerpell Bley, Alfredo
dc.contributor.authorFerrada Calvo, Ximena Veronica
dc.contributor.authorRubio Cervantes, Norma Larissa
dc.date.accessioned2024-09-09T18:58:19Z
dc.date.available2024-09-09T18:58:19Z
dc.date.issued2019
dc.description.abstractThe function of project risk management (PRM) is to understand the uncertainty that surrounds a project and to identify the potential threats than can affect it as well as to know how to handle these risks in an appropriate way. Then, the measurement of the performance of PRM becomes an important concern, an issue that has not yet been addressed in the research literature. It is necessary to know how successful the application of the PRM process is and how capable is the process within the organization. Regarding construction projects, it is essential to know whether the selected responses to mitigate or eliminate identified risks were suitable and well implemented after the execution of the project. This paper presents a critical analysis of the relevance of measuring the performance of PRM and the benefits of doing so. Additionally, it presents a preliminary and pioneering methodology to measure the performance of PRM through the evaluation of the adequacy of responses applied to mitigate risks as well as to evaluate the resulting impacts as indicators of the effectiveness of these actions at the end of the project. This knowledge will allow construction companies to incorporate good practices, generate lessons learned, and thereby to promote a continuous improvement of the whole PRM process.
dc.fechaingreso.objetodigital2024-09-09
dc.format.extent8 páginas
dc.fuente.origenWOS
dc.identifier.doi10.2478/otmcj-2019-0005
dc.identifier.eissn1847-6228
dc.identifier.issn1847-5450
dc.identifier.scopusidSCOPUS_ID:2-s2.0-85140040621
dc.identifier.urihttps://doi.org/10.2478/otmcj-2019-0005
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/87813
dc.identifier.wosidWOS:000489171600001
dc.information.autorucEscuela de Ingeniería; Serpell Bley, Alfredo ; 0000-0003-3939-4281; 42700
dc.information.autorucEscuela de Ingeniería; Ferrada Calvo, Ximena Veronica; 0000-0002-7774-8354; 11222
dc.information.autorucEscuela de Ingeniería; Rubio Cervantes, Norma Larissa; S/I; 219372
dc.issue.numero1
dc.language.isoen
dc.nota.accesocontenido completo
dc.pagina.final1991
dc.pagina.inicio1984
dc.revistaOrganization Technology and Management in Construction
dc.rightsacceso abierto
dc.rights.licenseCC BY 4.0 Attribution 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/
dc.subjectPerformance
dc.subjectMeasurement
dc.subjectRisk management
dc.subjectProjects
dc.subjectKey performance indicators
dc.titleMeasuring the performance of project risk management: a preliminary model
dc.typeartículo
dc.volumen11
sipa.codpersvinculados42700
sipa.codpersvinculados11222
sipa.codpersvinculados219372
sipa.indexWOS
sipa.indexSCOPUS
sipa.trazabilidadWOS;05-06-2021
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