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Showing 2 results for Project Risk Management

R. Soofifard1, M. Khakzar Bafruei, M. Gharib,
Volume 8, Issue 4 (10-2018)

Risks are natural and inherent characteristics of major projects. Risks are usually considered independently in analysis of risk responses. However, most risks are dependent on each other and independent risks are rare in the real world. This paper proposes a model for proper risk response selection from the responses portfolio with the purpose of optimization of defined criteria for projects. This research has taken into account the relationships between risk responses; especially the relationships between risks, which have been rarely considered in previous works. It must be pointed out that not considering or superficial evaluation of the interactions between risks and risk responses reduces the expected desirability and increases project execution costs. This model is capable of optimization of different criteria in the objective function based on the proposed projects. Multi-objective Harmony Search (MOHS) and Non-dominated Sorting Genetic Algorithm II (NSGA-II) are used to solve this model and the numerical results obtained are analyzed. Finally, it was observed that ranges of objective functions in MOHS are better than those in NSGA-II.
S. S. Shahebrahimi, A. Lork, D. Sedaghat Shayegan,
Volume 12, Issue 2 (4-2022)

In this study the challenges of managing the civil projects in oil and gas industry over recent years that failed were investigated. For this purpose, the relevant cases and their effectiveness were categorized by analyzing research data obtained from the questionnaire results. The results obtained from the research showed that there is a positive and significant relationship between the project management knowledge and reduction in the challenges. Lack of attention to the project's feasibility study before starting the project, adverse risks at the beginning and end of the projects, proper knowledge of contracts, and the project team's skill are the items that will fail the project if they are not appropriately managed. Since the team's correct design and the key persons of the project and before that feasibility and the necessity of doing it in vital projects in the country are very important and in such a way, the two components studied in this research are derived from the risk management of projects. Considering the importance of this issue as a case study, these cases were investigated in gas pipeline projects in Fars province.

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