Large scale program risk analysis using a risk breakdown structure

European Journal of Economics, Finance and Administrative Sciences

Volumn , Issue 12, 2008, Pages 170-181

  Zacharias, O ^a   Panopoulos, D ^a   Askounis, D T ^a  

^a NATIONAL TECHNICAL UNIVERSITY OF ATHENS   (Greece)

Author keywords

Large scale programs; Program risk identification; Risk analysis; Risk breakdown structure; Team risk management

Indexed keywords

EID: 64549129481     PISSN: 14502275     EISSN: 14502275     Source Type: Journal    
DOI: None     Document Type: Article

References (24)

1. ACEC/AGC (1992). Owners Guide to Saving Money by Risk Allocation. American Consulting Engineers Council and Associated General Contractors of America.
2. AIRMIC (Association of Insurance and Risk Managers), ALARM (National Forum for Risk Management in the Public Sector) and IRM (Institute of Risk Management) (2002) A Risk Management Standard, London: AIRMIC, ALARM, IRM.
3. Bramshill Consultancy Limited, (2001) Guidance on the analysis of risk in the context of EU expenditure programmes, Report prepared under contract to the European Commission, (Bramshill Consultancy Limited, Hampshire).
4. British Standards Institute (2002) ISO/IEC Guide 73:2002: Risk Management Vocabulary. Guidelines for Use in Standards. London: BSI.
5. Chapman R. J. (2001). The controlling influences on effective risk identification and assessment for construction design management. International Journal of Project Management, Vol 19 (3), pp 147-160
6. COSO (The Committee of Sponsoring Organizations of the Treadway Commission) (2004) Enterprise Risk Management - Integrated Framework, Jersey City: AICPA
7. Hall D. and Hulett, D. (2002) Universal Risk Project - Final Report. INCOSE/PMI, available at https://acc.dau.mil/CommunityBrowser.aspx?id= 19175
8. Higuera, P.R., Gluch, P.D., Dorofee, J. A., Murphy, L. R., Walker A.J., and Ray C. W., (1994) An Introduction to Team Risk Management, Pittsburgh: Software engineering Institute, Carnegie Mellon University
9. Hillson, D. (2003) Using a Risk Breakdown Structure in Project Management. Journal of Facilities Management, Volume 2 Number 1, pp 85-97
10. HM TREASURY (2004) Orange Book: Management of Risk - Principles and Concepts, London: HMSO publications
11. IRGC (International Risk Governance Council) (2005) White paper on Risk Governance: Towards an Integrative Approach. Geneva: International Risk Governance Council
12. Miller R. and Lessard D. (2001). Understanding and managing risks in large engineering projects. International Journal of Project Management, Vol 19 (8), pp 437-443
13. Office of Government Commerce, HM Treasury (2004) Managing Risks with Delivery Partners, a guide for those working together to deliver better public services. Available at http://www.ogc.gov.uk/documents/cp0013.pdf
14. Old Bell 3, Economic Development and European services (2005) Good practice in Structural Fund Project Management - Final Report, available at http://www.wefo.wales.gov.uk/resource/GoodPractice-in-SF-ProjectMangament 300.pdf
15. PMI (2004) A Guide to the Project Management Body of Knowledge - Third Edition PMBOK, Pennsylvania: Project Management Institute, Inc.
16. PMI (2006) The Standard for Program Management, Pennsylvania: Project Management Institute, Inc.
17. Raz T. and Hillson D. (2005) A Comparative Review of Risk Management Standards. Risk Management: An International Journal, 7 (4), pp 53-66
18. Rahman, M. and Kumaraswamy, M. (2002) Joint risk management through transactionally efficient relational contracting. Construction Management and Economics. E & FN Spon, Vol. 20, 4, pp 44-54.
19. Standards Australia/Standards New Zealand (2004) Australian/New Zealand Standard AS/NZS 4360:2004: Risk Management. Homebush, NSW: Standards Australia / Wellington: Standards New Zealand
20. The Institute of Internal Auditors - UK and Ireland (2003). Position Statement - Risk Based Internal Auditing, the Institute of Internal Auditors - UK and Ireland, London, available at http://www.iia.org.uk/cms/IIA/uploads/48dc2e62-f2a7bd939a--7cef/RiskBasedInternalAuditing.pdf
21. Walsh, B. L. (2002) Risk diagnosis methodology in Unilever - a case study. Proc. 5th European Project Management Conference, Cannes France: PMI Europe 2002
22. Ward, S. C. (1999) Assessing and managing important risks. International Journal of Project Management, Vol 17, No 6, pp 331-336
23. Zacharias, O. and Askounis, Th. D. (2007). Managing risks in large scale programs: a team risk management framework, Business Journal for Entrepreneurs, Vol 2007 Issue 3, pp 115-129
24. Zacharias, O., Mylonakis, J., Askounis, Th. D. (2007). RASM: A Risk-Based Projects Auditing Selection Methodology for Large Scale Programs, International Research Journal of Finance and Economics, Issue 11, pp 179-193