Project-to-Organization Matching: An Integrated Risk Assessment Approach

Recent studies show that the capacity of organizations to cope with risk is usually neglected in project risk analysis see for instance Bannerman, 2008 in the context of software projects. Using single-dimension risk assessment approaches, vulnerability, or conversely competence of the organization, is not taken into account in the decision to or not to undertake a risky project. This paper proposes a two-dimensional multi criteria approach with the aim of providing a more complete risk assessment decision support to project managers, by jointly considering the degree of risk of projects along with the risk management capability of organizations.

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