Handbook Of Research On Leveraging Risk And Uncertainties For Effective Project Management

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Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management

Author : Raydugin, Yuri
Publisher : IGI Global
Page : 504 pages
File Size : 42,6 Mb
Release : 2016-11-29
Category : Business & Economics
ISBN : 9781522517917

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Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management by Raydugin, Yuri Pdf

The proper understanding and managing of project risks and uncertainties is crucial to any organization. It is of paramount importance at all phases of project development and execution to avoid poor project results from meager economics, overspending, reputation and environmental damage, and even loss of life. The Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management is a comprehensive reference source for emerging perspectives of managing risks associated with the execution and development of projects. Highlighting innovative coverage written by top industry specialists, such as complexity theory, psychological bias and risk management fallacies, probabilistic risk analysis, and various aspects of project decision making, this book is ideally designed for project and risk managers, project engineers, cost estimators, schedulers, safety and environmental protection specialists, corporate planners, financial and insurance specialists, corporate decision makers, as well as academics and lecturers working in the area of project management and students pursing PMP, PMI-RMP, ISO 31000, etc. certification.

Alternative Decision-Making Models for Financial Portfolio Management: Emerging Research and Opportunities

Author : Spaseski, Narela
Publisher : IGI Global
Page : 333 pages
File Size : 46,9 Mb
Release : 2017-08-11
Category : Business & Economics
ISBN : 9781522532606

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Alternative Decision-Making Models for Financial Portfolio Management: Emerging Research and Opportunities by Spaseski, Narela Pdf

Economics is an integral aspect to every successful society, yet basic financial practices have gone unchanged for decades. Analyzing unconventional finance methods can provide new ways to ensure personal financial futures on an individual level, as well as boosting international economies. Alternative Decision-Making Models for Financial Portfolio Management: Emerging Research and Opportunities is an essential reference source that discusses methods and techniques that make financial administration more efficient for professionals in economic fields. Featuring relevant topics such as mean-variance portfolio theory, decision tree analysis, risk protection strategies, and asset-liability management, this publication is ideal for academicians, students, economists, and researchers that would like to stay current on new and innovative methods to transform the financial realm.

Six Sigma Improvements for Basel III and Solvency II in Financial Risk Management: Emerging Research and Opportunities

Author : Bubevski, Vojo
Publisher : IGI Global
Page : 235 pages
File Size : 50,7 Mb
Release : 2018-10-05
Category : Business & Economics
ISBN : 9781522572817

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Six Sigma Improvements for Basel III and Solvency II in Financial Risk Management: Emerging Research and Opportunities by Bubevski, Vojo Pdf

Ever-increasing attacks against individual and corporate finances over the past few decades prompt swift action from the realm of financial management. Advances in protection as well as techniques for controlling these disasters is instrumental for financial security and threat prevention. Six Sigma Improvements for Basel III and Solvency II in Financial Risk Management: Emerging Research and Opportunities explores the theoretical and practical aspects of Six Sigma DMAIC methods and tools to improve the financial risk management process and applications within finance, research and development, and software engineering. Featuring coverage on a broad range of topics such as controlling VAR, financial institution evaluations, and global limit systems, this book is ideally designed for financial managers, risk managers, researchers, and academics seeking current research on financial risk management to ensure that uncertainty does not affect, or at least has a minimal impact on, the achievement of goals within a financial institution.

Lean Six Sigma for Optimal System Performance in Manufacturing and Service Organizations: Emerging Research and Opportunities

Author : Tetteh, Edem G.,Chapman, Hans
Publisher : IGI Global
Page : 186 pages
File Size : 48,6 Mb
Release : 2018-02-09
Category : Business & Economics
ISBN : 9781522540632

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Lean Six Sigma for Optimal System Performance in Manufacturing and Service Organizations: Emerging Research and Opportunities by Tetteh, Edem G.,Chapman, Hans Pdf

Businesses utilize various managerial processes focused on reducing waste, errors, and variability in products to maintain and improve business quality. By keeping a clean workspace and organized workforce, business processes aim for an efficient, continuous flow of production while still supporting iterative improvements in quality and output. Lean Six Sigma for Optimal System Performance in Manufacturing and Service Organizations: Emerging Research and Opportunities provides upcoming research on the strategies to improve processes in business while using Lean Six Sigma principals and applications. Featuring coverage on a broad range of topics, such as direct model technology, performance rework, and quality management methods, this book is geared towards professionals, academicians, students, and researchers interested in detailed research on recent advancements in the management of risk in all fields.

Handbook of Research on Organizational Culture Strategies for Effective Knowledge Management and Performance

Author : Tessier, Dana
Publisher : IGI Global
Page : 394 pages
File Size : 55,9 Mb
Release : 2021-06-25
Category : Business & Economics
ISBN : 9781799874249

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Handbook of Research on Organizational Culture Strategies for Effective Knowledge Management and Performance by Tessier, Dana Pdf

Organizations are facing major disruptions in technology, consumer preferences, and in the makeup of their workforce, and as a result, they will need to adapt to these rapidly changing times to stay effective. Organizations that are able to tap into the collective knowledge of their employees and leverage their insights will have an advantage over those that lack this connectivity. Implementing a knowledge management (KM) strategy can help organizations improve operational effectiveness, innovation, and adapt to changes, but the majority of KM implementations fail due to misalignment with the organization's existing culture. Organizational culture can enable effective KM, or it can be a barrier to its implementation. The Handbook of Research on Organizational Culture Strategies for Effective Knowledge Management and Performance defines the relationship between organizational culture and knowledge management and how they impact one another. This handbook also identifies critical business practices to assist organizations in transitioning to work from home while maintaining a strong corporate culture that includes beneficial knowledge-sharing behaviors. Covering topics including knowledge management, organizational culture, and change management, this text is essential for managers, executives, practitioners, leaders in business, non-profits, academicians, researchers, and students looking for research on how organizations can thrive and adapt due to emerging global disruptions as well as local or internal disruptions.

Modern Risk Quantification in Complex Projects

Author : Yuri G. Raydugin
Publisher : Oxford University Press
Page : 275 pages
File Size : 41,9 Mb
Release : 2020-07-16
Category : Mathematics
ISBN : 9780192582645

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Modern Risk Quantification in Complex Projects by Yuri G. Raydugin Pdf

Project practitioners and decision makers complain that both parametric and Monte Carlo methods fail to produce accurate project duration and cost contingencies in majority of cases. Apparently, the referred methods have unacceptably high systematic errors as they miss out critically important components of project risk exposure. In the case of complex projects overlooked are the components associated with structural and delivery complexity. Modern Risk Quantification in Complex Projects: Non-linear Monte Carlo and System Dynamics Methodologies zeroes in on most crucial but systematically overlooked characteristics of complex projects. Any mismatches between two fundamental interacting subsystems - a project structure subsystem and a project delivery subsystem - result in non-linear interactions of project risks. Three kinds of the interactions are distinguished - internal risk amplifications stemming from long-term ('chronic') project system issues, knock-on interactions, and risk compounding. Affinities of interacting risks compose dynamic risk patterns supported by a project system. A methodology to factor the patterns into Monte Carlo modelling referred to as non-linear Monte Carlo schedule and cost risk analysis (N-SCRA) is developed and demonstrated. It is capable to forecast project outcomes with high accuracy even in the case of most complex and difficult projects including notorious projects-outliers: it has a much lower systematic error. The power of project system dynamics is uncovered. It can be adopted as an accurate risk quantification methodology in complex projects. Results produced by the system dynamics and the non-linear Monte Carlo methodologies are well-aligned. All built Monte Carlo and system dynamics models are available on the book's companion website.

Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management

Author : Bubevski, Vojo
Publisher : IGI Global
Page : 284 pages
File Size : 53,5 Mb
Release : 2024-05-01
Category : Business & Economics
ISBN : 9798369328194

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Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management by Bubevski, Vojo Pdf

In today's fast-paced business environment, project managers face the daunting challenge of managing risk effectively amid uncertainty. Traditional project management methodologies often lag, leading to missed deadlines, cost overruns, and subpar outcomes. A comprehensive risk management framework is necessary for organizations to be protected from fate's whims, hindering their ability to achieve strategic objectives. The DMAIC Stochastic Method is a groundbreaking approach that combines Six Sigma principles with stochastic modeling to revolutionize project risk management. Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management is a guidebook for implementing the DMAIC Stochastic Method in project management. This innovative methodology provides a systematic way of identifying, assessing, and mitigating risks, ensuring that projects stay on track and deliver the desired results. By integrating deterministic and stochastic models, the DMAIC Stochastic Method offers a more holistic view of risk, enabling managers to make informed decisions and proactively address potential issues.

Risk-Based Project Decisions in Situations of High Complexity and Deep Uncertainty

Author : Yuri G. Raydugin
Publisher : Springer
Page : 0 pages
File Size : 55,5 Mb
Release : 2024-05-31
Category : Business & Economics
ISBN : 3031569873

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Risk-Based Project Decisions in Situations of High Complexity and Deep Uncertainty by Yuri G. Raydugin Pdf

This book integrates for readers three areas of knowledge, pertaining to risk-based project decision making: project risk management (PRM), complexity theory, and decision-making under deep uncertainty (DMDU). Readers will appreciate that in practice, too often relevant complexity and uncertainty factors are either ignored or overlooked resulting in epic project failures. The author discusses a variety of methodologies and a decision-tree-type framework to determine why, when and how particular methodologies should be applied to ensure project success. These include nonlinear Monte Carlo techniques, a dynamic adaptive methodology to adapt to external environment changes, game theory for devising robust decision-making criteria, systems dynamics and cost escalation modelling, as well as risk-based & economic-based alternatives selection methodologies. This book will be an eye-opener for many PRM practitioners, helping to increase their chances of project success by properly handling inescapable project-complexity and deep-uncertainty implications in specific contexts.

Business Architectures for Risk Assessment and Strategic Planning: Emerging Research and Opportunities

Author : McKee, James
Publisher : IGI Global
Page : 118 pages
File Size : 48,8 Mb
Release : 2017-11-17
Category : Business & Economics
ISBN : 9781522533931

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Business Architectures for Risk Assessment and Strategic Planning: Emerging Research and Opportunities by McKee, James Pdf

The integration of recent technological advances into modern business processes has allowed for greater efficiency and productivity. However, while such improvements are immensely beneficial, the modeling and coordination of these activities offers a unique set of challenges that must be addressed. Business Architectures for Risk Assessment and Strategic Planning: Emerging Research and Opportunities is a pivotal reference source for the latest research findings on the utilization of business models and value propositions in modern enterprises. Featuring extensive coverage on relevant areas such as management information systems, business planning, and value analysis, this publication is an ideal resource for information system practitioners, universities and colleges, business managers, and advanced-level students seeking the latest research on achievements in this field.

Handbook of Research on the Role of Human Factors in IT Project Management

Author : Misra, Sanjay,Adewumi, Adewole
Publisher : IGI Global
Page : 616 pages
File Size : 49,6 Mb
Release : 2019-09-27
Category : Business & Economics
ISBN : 9781799812807

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Handbook of Research on the Role of Human Factors in IT Project Management by Misra, Sanjay,Adewumi, Adewole Pdf

The role humans play in the field of information technology continues to hold relevance even with the industry’s rapid growth. People contribute heavily to the physical, cognitive, and organizational domain of computing, yet there is a lack of exploration into this phenomenon. Humanoid aspects of technology require extensive research in order to avoid marginalization and insufficient data. The Handbook of Research on the Role of Human Factors in IT Project Management is a collection of innovative research on the methods and applications of the task of human characteristics in the design and development of new technology. While highlighting topics including digitalization, risk management, and task analysis, this book is ideally designed for IT professionals, managers, support executives, project managers, managing directors, academicians, researchers, and students seeking current research on the dynamics of human influence in technological projects.

Planning and Analyzing Foreign Direct Investment Projects: Emerging Research and Opportunities

Author : Sar?aslan, Halil
Publisher : IGI Global
Page : 338 pages
File Size : 44,8 Mb
Release : 2018-12-14
Category : Business & Economics
ISBN : 9781522576976

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Planning and Analyzing Foreign Direct Investment Projects: Emerging Research and Opportunities by Sar?aslan, Halil Pdf

Globalization, accelerated by information technologies, has increased the speed of business transactions and has reduced the distances between international businesses. This growth has transformed the realm of foreign investment in countries around the world, calling for a methodological approach to planning feasible capital investment proposals in general and foreign direct investment projects. Planning and Analyzing Foreign Direct Investment Projects: Emerging Research and Opportunities is a pivotal reference source that provides a systems approach to investment projects in a globalized and open society. While highlighting topics such as consumer analysis, competitive strategy, and market analysis, this publication explores the profitability and feasibility of international investments, as well as the risks and resources associated with strategic project planning. This book is ideally designed for business managers, entrepreneurs, researchers, academicians, graduate students, policymakers, investors, and project managers seeking current research on planning, analyzing, and evaluating investment projects.

Creativity Models for Innovation in Management and Engineering

Author : Machado, Carolina,Davim, J. Paulo
Publisher : IGI Global
Page : 347 pages
File Size : 47,9 Mb
Release : 2022-05-20
Category : Business & Economics
ISBN : 9781668423417

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Creativity Models for Innovation in Management and Engineering by Machado, Carolina,Davim, J. Paulo Pdf

In todays' competitive environments, only the most creative and innovative organizations are able to survive. These dynamic organizations continuously establish and develop strategies that leverage their creativity and their innovative abilities to attain long-term success and maintain their competitive edge. Further study on the uses and benefits of creative management in the business sector is required to ensure businesses not only survive but expand and flourish. Creativity Models for Innovation in Management and Engineering introduces innovative research on creativity and innovation in the management and engineering fields and considers the importance of having resilient and inventive leaders in the competitive business world. Covering a wide range of topics such as business performance, knowledge management, entrepreneurship, and agribusiness, this reference work is ideal for engineers, managers, business owners, policymakers, academicians, researchers, practitioners, scholars, researchers, instructors, and students.

Crowdsourcing and Knowledge Management in Contemporary Business Environments

Author : Lenart-Gansiniec, Regina
Publisher : IGI Global
Page : 304 pages
File Size : 46,8 Mb
Release : 2018-08-17
Category : Business & Economics
ISBN : 9781522542018

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Crowdsourcing and Knowledge Management in Contemporary Business Environments by Lenart-Gansiniec, Regina Pdf

In an era of an economy based on knowledge and Web 2.0 technology, knowledge is the foundation for improving the decision-making processes and relations between people both in and outside of an organization. Providing new and unique sources of knowledge outside organizations enables innovation and shapes competitive advantage. Crowdsourcing and Knowledge Management in Contemporary Business Environments is a collection of innovative research on the methods and applications of crowdsourcing in collaboration, idea implementation, and organizational development. Highlighting a range of topics including data analytics, crowd computing, and open innovation, this book is ideally designed for business managers, business professionals, business and social researchers, graduate-level students, and academicians seeking current research on the mechanisms of knowledge management in crowdsourcing.

Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management

Author : Batabyal, Debasish,Das, Dillip Kumar
Publisher : IGI Global
Page : 318 pages
File Size : 55,9 Mb
Release : 2019-04-05
Category : Business & Economics
ISBN : 9781522584957

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Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management by Batabyal, Debasish,Das, Dillip Kumar Pdf

As one of the largest service industries serving millions of international and domestic individuals yearly, it is important to understand the current trends, practices, and challenges surrounding tourism. Emphasized by the effects on people, management processes, and technological advancements, this economic and socio-cultural phenomenon’s importance is increasing worldwide. Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management discusses and analyzes the impacts of new trends in the tourism industry, including sub-sectors of tourism, and revisits existing trends, identifies new types and forms of tourism, and discusses the influence and use of technology. Featuring research on topics such as guest retention, predictive analysis, and ecotourism practices, the material collected is ideally designed for managers, travel agents, industry professionals, practitioners, consultants, and researchers.

Predicting Trends and Building Strategies for Consumer Engagement in Retail Environments

Author : Granata, Giuseppe,Moretta Tartaglione, Andrea,Tsiakis, Theodosios
Publisher : IGI Global
Page : 413 pages
File Size : 47,8 Mb
Release : 2019-05-30
Category : Business & Economics
ISBN : 9781522578574

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Predicting Trends and Building Strategies for Consumer Engagement in Retail Environments by Granata, Giuseppe,Moretta Tartaglione, Andrea,Tsiakis, Theodosios Pdf

Global economic scenarios are increasing in complexity due to the recent global financial crisis, globalization, the evolution of ICT, and the changing behaviors of consumers. This has made it difficult to predict trends and build strategies within the retail industry. As a result, long-term forecasts and schedules are not possible, and more research is needed to explore today’s consumer profile and set the frameworks for future recovery strategies. Predicting Trends and Building Strategies for Consumer Engagement in Retail Environments is a pivotal reference source that provides practical insights into improving the understanding of complex retail environments and consumer shopping behaviors in order to predict trends and develop strategies for retailers in times of economic crisis. While highlighting topics such as consumer engagement, industry models, and market globalization, this publication explores qualitative and quantitative methods of interest and the multidisciplinary approaches revolving around the industry. This book is ideally designed for marketers, managers, practitioners, retail professionals, academicians, researchers, and students seeking current research on relationship marketing, digital marketing, service management, and complexity theories.