A RISK MANAGEMENT APPROACH FOR THE PROJECT MANAGEMENT PROCESS

Authors

  • D.K. Kohlmeyer Department of Engineering and Technology Management, University of Pretoria
  • J.K. Visser Department of Engineering and Technology Management, University of Pretoria

DOI:

https://doi.org/10.7166/15-2-206

Abstract

ENGLISH ABSTRACT: A number of project management and project risk management processes have been developed by various researchers, consultants and project managers. Most project managers apply some project management process that comprises a number of steps or phases that are executed in a systematic way. At some point in the project management process a risk management process, also comprising a number of steps, is usually initiated and executed. An initial risk analysis process is complemented by a risk monitoring and control activity that continues for the remaining duration of the project. This paper describes a methodology to combine typical processes for project management and project risk management into a single process.

AFRIKAANSE OPSOMMING: 'n Aantal projekbestuur- en projekrisikobestuurprosesse is reeds ontwikkel deur verskeie navorsers, konsultante, en projekbestuurders. Die meeste projekbestuurders gebruik 'n projekbestuursproses wat uit 'n aantal stappe of fases bestaan wat op 'n sistematiese manier toegepas word. Op 'n stadium in die proses word 'n projekrisikobestuursproses, wat ook uit 'n aantal stappe bestaan, ge

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Published

2011-11-05

How to Cite

Kohlmeyer, D., & Visser, J. (2011). A RISK MANAGEMENT APPROACH FOR THE PROJECT MANAGEMENT PROCESS. The South African Journal of Industrial Engineering, 15(2). https://doi.org/10.7166/15-2-206

Issue

Vol. 15 No. 2 (2004)

Section

General Articles

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