- List of Figures
- List of Tables
- List of Contributors
- Introduction: Towards the Third Wave of Project Management
- A Brief History of Project Management
- Theoretical Foundations of Project Management: Suggestions for a Pluralistic Understanding
- The Evolution of Project Management Research: The Evidence from the Journals
- Prospects for Professionalism in Project Management
- The Project Business: Analytical Framework and Research Opportunities
- Projects and Partnerships: Institutional Processes and Emergent Practices
- Project Ecologies: A Contextual View on Temporary Organizations
- The P-Form Corporation: Contingencies, Characteristics, and Challenges
- Implementing Strategy through Projects
- Program Management: An Emerging Opportunity for Research and Scholarship
- Projects and Innovation: Innovation and Projects
- Project Governance
- Over Budget, Over Time, Over and Over Again: Managing Major Projects
- Managing Risk and Uncertainty on Projects: A Cognitive Approach
- Information Management and the Management of Projects
- Shaping Projects, Building Networks
- Innovating the Practice of Normative Control in Project Management Contractual Relations
- Trust in Relational Contracting and as a Critical Organizational Attribute
- Knowledge Integration in Product Development Projects: A Contingency Framework
- Leadership And Teamwork In Dispersed Projects
- Projects-as-Practice: New Approach, New Insights
- Author Index
- Subject Index
Abstract and Keywords
This article aims to reconnect project risk management with its roots in psychology and economics and thereby generate a cognitive approach to project risk management. While there has been widespread application of the tools and techniques of project risk management, and good practice has been captured in a large number of different standards and texts, few signs of improvement are apparent in project performance. The article suggest that the inappropriate use of project risk management techniques may be part of the problem rather than part of the solution here, and that we need to rethink project risk management from first principles. Starting from a presumption that project risk management is the essence of project management more generally, the article offers a review of some of the key contributions from psychology and economics that have shaped our thinking before presenting a cognitive model of project risk managing.
Graham Winch is Professor of Project Management and Director of the Centre for Research in the Management of Projects at the Manchester Business School. He is the author of Managing Production: Engineering Change and Stability (OUP, 1994), and Managing Construction Projects: An Information Processing Approach (2nd edn. Wiley, 2010). He has published over forty refereed journal articles and numerous other papers
Eunice Maytorena is a Lecturer in Construction Project Management at the Manchester Business School. An architect by training, her work includes architectural design and consultancy, research in various aspects of the built environment, and project management. Eunice has worked on several research projects investigating risk perceptions on projects. Her research interests include project management, risk management, and managerial and organizational cognition.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.