How to cite this paper
Rahman, M & Adnan, T. (2020). Risk management and risk management performance measurement in the construction projects of Finland.Journal of Project Management, 5(3), 167-178.
Refrences
Acebes, F., Pajares, J., Galán, J. M., & López-Paredes, A. (2013). Beyond earned value manage-ment: A graphical framework for integrated cost, schedule and risk monitoring. Procedia-Social and Behavioral Sciences, 74, 181-189.
Acharyya, M. (2008). In measuring the benefits of enterprise risk management in insurance: An integration of economic value added and balanced score card approaches. Society of Actuar-ies, Working paper.
Alarcón, L. F., Ashley, D. B., de Hanily, A. S., Molenaar, K. R., & Ungo, R. (2011). Risk plan-ning and management for the Panama Canal expansion program. Journal of Construction En-gineering and Management, 137(10), 762-771.
Alhojailan, M. I. (2012). Thematic analysis: A critical review of its process and evaluation. West East Journal of Social Sciences, 1(1), 39-47.
Artto, K., Martinsuo, M., & Kujala, J. (2011). Project Business. Helsinki, Finland.
Association for Project Management (APM), (2012) Project Risk Analysis and Management Guide. APM Publishing Limited, High Wycombe, Buckinghamshire
Atkinson, C., Cuske, C., & Dickopp, T. (2006, October). Concepts for an ontology-centric tech-nology risk management architecture in the banking industry. In 2006 10th IEEE Internation-al Enterprise Distributed Object Computing Conference Workshops (EDOCW'06) (pp. 21-21). IEEE.
Aven, T. (2016). Risk assessment and risk management: Review of recent advances on their foundation. European Journal of Operational Research, 253(1), 1-13.
Basova, M., Mitselsky, A., Risk Management KPIs: Efficiency Tool or Formality?, Enterprise Risk Management Symposium, Society of Actuaries.
Bernstein, P. L., & Bernstein, P. L. (1996). Against the gods: The remarkable story of risk (pp. 1269-1275). New York: Wiley.
Bradley, E. H., Pallas, S., Bashyal, C., Berman, P., & Curry, L. (2010). Developing strategies for improving health care delivery: Guide to Concepts, Determinants, Measurement, and Inter-vention Design.
Brandon, D. M. (Ed.). (2005). Project management for modern information systems. IGI Global
Burns, W., & Grove, S. K. 2003. Witch Hunts in Europe and America. An Encyclopedia, London.
Carbone, T. A., & Tippett, D. D. (2004). Project risk management using the project risk FMEA. Engineering management journal, 16(4), 28-35.
Carreño, M. L., Cardona, O. D., & Barbat, A. H. (2007). A disaster risk management perfor-mance index. Natural Hazards, 41(1), 1-20.
Chong, Y. Y., & Brown, E. M. (2000). Managing project risk: Business risk management for pro-ject leaders. Financial Times/Prentice Hall.
Earned Value Management System, (2017, 07 July). Retrieved from http://apmg-international.com/article/what-earned-value-management-and-why-it-important
Firmenich, J. (2017). Customisable framework for project risk management. Construction Inno-vation.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management. Pro-ject Management Institute.
Flyvbjerg, B. (2003). Rationality and Power. Teoksessa Campbell, Scott and Susan S. Fainstein (Eds.) Readings in Planning Theory. 319-329.
Fone, M., & Young, P. C. (2005). Managing risks in public organizations. Perpetuity Press.
Fountaine, M. (2015). Enterprise Risk Management: A Common Framework for the Entire Or-ganization. Butterworth- Heinemann, Newton, MA, USA
Goh, S. C. (2012). Making performance measurement systems more effective in public sector or-ganizations. Measuring Business Excellence.
Gunasekaran, A., & Kobu, B. (2007). Performance measures and metrics in logistics and supply chain management: a review of recent literature (1995–2004) for research and applica-tions. International journal of production research, 45(12), 2819-2840.
Herbst, F., & Coldwell, D. (2004). Business research. Juta and Company Ltd.
Hillson, D., & Simon, P. (2007). Practical project risk management: The ATOM methodology. Management Concepts.
How to Develop KPIs (2017, May 13). Retrieved from http://kpi.org/KPI-Basics/KPI-Development
Institute of Risk Management (2011), Risk Appetite and Tolerance Guide Paper. 2011. Availa-ble: http://theirm.org/publications/documents/IRMRiskAppetiteFullweb.pdf [Accessed Febru-ary 2018]
Jaafari, A. (2001). Management of risks, uncertainties and opportunities on projects: time for a fundamental shift. International journal of project management, 19(2), 89-101.
Jaber, A. Z. (2019). Assessment Risk in Construction Projects in Iraq Using COPRAS-SWARA Combined Method. Journal of Southwest Jiaotong University, 54(4).
Kähkönen, K. and Artto, K. (2008) Concepts and Processes. In: Kähkönen, K., Artto, K., Kar-jalainen, J., Martinsuo, M. and Poskela, J., Eds., Management of Uncertainty, Helsinki Uni-versity of Technology, Helsinki, 8-23.
Kaplan, R. S., & Norton, D. P. (2007). Balanced scorecard. In Das Summa Summarum des Man-agement (pp. 137-148). Gabler.
Kim, S. G. (2010). Risk performance indexes and measurement systems for mega construction projects. Journal of Civil Engineering and Management, 16(4), 586-594.
Krane, H. P., Rolstadås, A., & Olsson, N. O. (2010). Categorizing risks in seven large projects—Which risks do the projects focus on? Project Management Journal, 41(1), 81-86.
Kutsch, E., Browning, T. R., & Hall, M. (2014). Bridging the risk gap: The failure of risk man-agement in information systems projects. Research-Technology Management, 57(2), 26-32.
Lehtiranta, L. (2014). Risk perceptions and approaches in multi-organizations: A research review 2000–2012. International Journal of Project Management, 32(4), 640-653.
Loader, D. (2011). Operations risk: managing a key component of operational risk. Elsevier.
Loch, C. H., DeMeyer, A., & Pich, M. (2011). Managing the unknown: A new approach to man-aging high uncertainty and risk in projects. John Wiley & Sons.
Miller, R., & Lessard, D. (2001). Understanding and managing risks in large engineering pro-jects. International Journal of Project Management, 19(8), 437-443.
Moullin, M. (2007). Performance measurement definitions. International journal of health care quality assurance.
Mulcahy, R. (2003). Risk Management: Tricks of the Trade® for Project Managers: a Course in a Book [trademark Symbol]. RMC Pub.
Neely, A., Kennerley, M., & Adams, C. (2007). Performance measurement frameworks: a re-view. Business Performance Measurement, 143-162.
Oehmen, J., Olechowski, A., Kenley, C. R., & Ben-Daya, M. (2014). Analysis of the effect of risk management practices on the performance of new product development pro-grams. Technovation, 34(8), 441-453.
Pekkinen, L., & Aaltonen, K. (2015). Risk management in project networks: an information pro-cessing view. Technology and Investment, 6(01), 52.
Perminova, O., Gustafsson, M., & Wikström, K. (2008). Defining uncertainty in projects–a new perspective. International journal of project management, 26(1), 73-79.
Peter, J. (2000). Case study: The Millennium Dome- Marvel or disaster? Tourism and Hospitality Research, 2(20, 171-182
Project Management Institute, (2016). A Guide to the Project Management Body of Knowledge (PMBOK). Newton Square. Project Management Institute
Project Management Institute. (2011). Practice standard for earned value management. Project Management Institute, Incorporated.
Raz, T., Shenhar, A. J., & Dvir, D. (2002). Risk management, project success, and technological uncertainty. R&D Management, 32(2), 101-109.
Rolstadås, A., Hetland, P. W., Jergeas, G. F., & Westney, R. E. (2011). Risk navigation strategies for major capital projects: Beyond the myth of predictability. Springer Science & Business Media.
Shahbaz, M. S., Rasi, R. Z. R. M., Zulfakar, M. H., Ahmad, M. B., Abbas, Z., & Mubarak, M. F. (2018). A novel metric of measuring performance for supply chain risk management: draw-backs and qualities of good performance. Journal of Fundamental and Applied Scienc-es, 10(3S), 967-988.
Shore, B. (2008). Systematic biases and culture in project failures. Project Management Jour-nal, 39(4), 5-16.
Stephenson, Z., Fairburn, C., Despotou, G., Kelly, T., Herbert, N., & Daughtrey, B. (2011). Dis-tinguishing Fact from fiction in a system of systems safety case. In Advances in Systems Safe-ty (pp. 55-72). Springer, London.
Stranks, J. W. (1994). The handbook of health and safety practice. Financial Times Management.
Swift, P. N. (2015). The Proposed Yucca Mountain Repository: A Case Study (No. SAND2015-10017PE). Sandia National Lab. (SNL-NM), Albuquerque, NM (United States).
Thamhain, H. (2013). Managing risks in complex projects. Project management journal, 44(2), 20-35.
Types of risk in Project Management (2017, June 3). Retrieved from, https://project-management.com/types-of-risk-in project-management/
van Well-Stam, D., Lindenaar, F., & van Kinderen, S. (2004). Project risk management: An es-sential tool for managing and controlling projects. Kogan Page Publishers.
Voetsch, R. J., Cioffi, D. F., & Anbari, F. T. (2004, August). Project risk management practices and their association with reported project success. In Proceedings of 6th IRNOP Project Re-search Conference, Turku, Finland (pp. 680-697).
Ward, S., & Chapman, C. (2003). Transforming project risk management into project uncertainty management. International Journal of Project Management, 21(2), 97-105
Acharyya, M. (2008). In measuring the benefits of enterprise risk management in insurance: An integration of economic value added and balanced score card approaches. Society of Actuar-ies, Working paper.
Alarcón, L. F., Ashley, D. B., de Hanily, A. S., Molenaar, K. R., & Ungo, R. (2011). Risk plan-ning and management for the Panama Canal expansion program. Journal of Construction En-gineering and Management, 137(10), 762-771.
Alhojailan, M. I. (2012). Thematic analysis: A critical review of its process and evaluation. West East Journal of Social Sciences, 1(1), 39-47.
Artto, K., Martinsuo, M., & Kujala, J. (2011). Project Business. Helsinki, Finland.
Association for Project Management (APM), (2012) Project Risk Analysis and Management Guide. APM Publishing Limited, High Wycombe, Buckinghamshire
Atkinson, C., Cuske, C., & Dickopp, T. (2006, October). Concepts for an ontology-centric tech-nology risk management architecture in the banking industry. In 2006 10th IEEE Internation-al Enterprise Distributed Object Computing Conference Workshops (EDOCW'06) (pp. 21-21). IEEE.
Aven, T. (2016). Risk assessment and risk management: Review of recent advances on their foundation. European Journal of Operational Research, 253(1), 1-13.
Basova, M., Mitselsky, A., Risk Management KPIs: Efficiency Tool or Formality?, Enterprise Risk Management Symposium, Society of Actuaries.
Bernstein, P. L., & Bernstein, P. L. (1996). Against the gods: The remarkable story of risk (pp. 1269-1275). New York: Wiley.
Bradley, E. H., Pallas, S., Bashyal, C., Berman, P., & Curry, L. (2010). Developing strategies for improving health care delivery: Guide to Concepts, Determinants, Measurement, and Inter-vention Design.
Brandon, D. M. (Ed.). (2005). Project management for modern information systems. IGI Global
Burns, W., & Grove, S. K. 2003. Witch Hunts in Europe and America. An Encyclopedia, London.
Carbone, T. A., & Tippett, D. D. (2004). Project risk management using the project risk FMEA. Engineering management journal, 16(4), 28-35.
Carreño, M. L., Cardona, O. D., & Barbat, A. H. (2007). A disaster risk management perfor-mance index. Natural Hazards, 41(1), 1-20.
Chong, Y. Y., & Brown, E. M. (2000). Managing project risk: Business risk management for pro-ject leaders. Financial Times/Prentice Hall.
Earned Value Management System, (2017, 07 July). Retrieved from http://apmg-international.com/article/what-earned-value-management-and-why-it-important
Firmenich, J. (2017). Customisable framework for project risk management. Construction Inno-vation.
Fleming, Q. W., & Koppelman, J. M. (2016, December). Earned value project management. Pro-ject Management Institute.
Flyvbjerg, B. (2003). Rationality and Power. Teoksessa Campbell, Scott and Susan S. Fainstein (Eds.) Readings in Planning Theory. 319-329.
Fone, M., & Young, P. C. (2005). Managing risks in public organizations. Perpetuity Press.
Fountaine, M. (2015). Enterprise Risk Management: A Common Framework for the Entire Or-ganization. Butterworth- Heinemann, Newton, MA, USA
Goh, S. C. (2012). Making performance measurement systems more effective in public sector or-ganizations. Measuring Business Excellence.
Gunasekaran, A., & Kobu, B. (2007). Performance measures and metrics in logistics and supply chain management: a review of recent literature (1995–2004) for research and applica-tions. International journal of production research, 45(12), 2819-2840.
Herbst, F., & Coldwell, D. (2004). Business research. Juta and Company Ltd.
Hillson, D., & Simon, P. (2007). Practical project risk management: The ATOM methodology. Management Concepts.
How to Develop KPIs (2017, May 13). Retrieved from http://kpi.org/KPI-Basics/KPI-Development
Institute of Risk Management (2011), Risk Appetite and Tolerance Guide Paper. 2011. Availa-ble: http://theirm.org/publications/documents/IRMRiskAppetiteFullweb.pdf [Accessed Febru-ary 2018]
Jaafari, A. (2001). Management of risks, uncertainties and opportunities on projects: time for a fundamental shift. International journal of project management, 19(2), 89-101.
Jaber, A. Z. (2019). Assessment Risk in Construction Projects in Iraq Using COPRAS-SWARA Combined Method. Journal of Southwest Jiaotong University, 54(4).
Kähkönen, K. and Artto, K. (2008) Concepts and Processes. In: Kähkönen, K., Artto, K., Kar-jalainen, J., Martinsuo, M. and Poskela, J., Eds., Management of Uncertainty, Helsinki Uni-versity of Technology, Helsinki, 8-23.
Kaplan, R. S., & Norton, D. P. (2007). Balanced scorecard. In Das Summa Summarum des Man-agement (pp. 137-148). Gabler.
Kim, S. G. (2010). Risk performance indexes and measurement systems for mega construction projects. Journal of Civil Engineering and Management, 16(4), 586-594.
Krane, H. P., Rolstadås, A., & Olsson, N. O. (2010). Categorizing risks in seven large projects—Which risks do the projects focus on? Project Management Journal, 41(1), 81-86.
Kutsch, E., Browning, T. R., & Hall, M. (2014). Bridging the risk gap: The failure of risk man-agement in information systems projects. Research-Technology Management, 57(2), 26-32.
Lehtiranta, L. (2014). Risk perceptions and approaches in multi-organizations: A research review 2000–2012. International Journal of Project Management, 32(4), 640-653.
Loader, D. (2011). Operations risk: managing a key component of operational risk. Elsevier.
Loch, C. H., DeMeyer, A., & Pich, M. (2011). Managing the unknown: A new approach to man-aging high uncertainty and risk in projects. John Wiley & Sons.
Miller, R., & Lessard, D. (2001). Understanding and managing risks in large engineering pro-jects. International Journal of Project Management, 19(8), 437-443.
Moullin, M. (2007). Performance measurement definitions. International journal of health care quality assurance.
Mulcahy, R. (2003). Risk Management: Tricks of the Trade® for Project Managers: a Course in a Book [trademark Symbol]. RMC Pub.
Neely, A., Kennerley, M., & Adams, C. (2007). Performance measurement frameworks: a re-view. Business Performance Measurement, 143-162.
Oehmen, J., Olechowski, A., Kenley, C. R., & Ben-Daya, M. (2014). Analysis of the effect of risk management practices on the performance of new product development pro-grams. Technovation, 34(8), 441-453.
Pekkinen, L., & Aaltonen, K. (2015). Risk management in project networks: an information pro-cessing view. Technology and Investment, 6(01), 52.
Perminova, O., Gustafsson, M., & Wikström, K. (2008). Defining uncertainty in projects–a new perspective. International journal of project management, 26(1), 73-79.
Peter, J. (2000). Case study: The Millennium Dome- Marvel or disaster? Tourism and Hospitality Research, 2(20, 171-182
Project Management Institute, (2016). A Guide to the Project Management Body of Knowledge (PMBOK). Newton Square. Project Management Institute
Project Management Institute. (2011). Practice standard for earned value management. Project Management Institute, Incorporated.
Raz, T., Shenhar, A. J., & Dvir, D. (2002). Risk management, project success, and technological uncertainty. R&D Management, 32(2), 101-109.
Rolstadås, A., Hetland, P. W., Jergeas, G. F., & Westney, R. E. (2011). Risk navigation strategies for major capital projects: Beyond the myth of predictability. Springer Science & Business Media.
Shahbaz, M. S., Rasi, R. Z. R. M., Zulfakar, M. H., Ahmad, M. B., Abbas, Z., & Mubarak, M. F. (2018). A novel metric of measuring performance for supply chain risk management: draw-backs and qualities of good performance. Journal of Fundamental and Applied Scienc-es, 10(3S), 967-988.
Shore, B. (2008). Systematic biases and culture in project failures. Project Management Jour-nal, 39(4), 5-16.
Stephenson, Z., Fairburn, C., Despotou, G., Kelly, T., Herbert, N., & Daughtrey, B. (2011). Dis-tinguishing Fact from fiction in a system of systems safety case. In Advances in Systems Safe-ty (pp. 55-72). Springer, London.
Stranks, J. W. (1994). The handbook of health and safety practice. Financial Times Management.
Swift, P. N. (2015). The Proposed Yucca Mountain Repository: A Case Study (No. SAND2015-10017PE). Sandia National Lab. (SNL-NM), Albuquerque, NM (United States).
Thamhain, H. (2013). Managing risks in complex projects. Project management journal, 44(2), 20-35.
Types of risk in Project Management (2017, June 3). Retrieved from, https://project-management.com/types-of-risk-in project-management/
van Well-Stam, D., Lindenaar, F., & van Kinderen, S. (2004). Project risk management: An es-sential tool for managing and controlling projects. Kogan Page Publishers.
Voetsch, R. J., Cioffi, D. F., & Anbari, F. T. (2004, August). Project risk management practices and their association with reported project success. In Proceedings of 6th IRNOP Project Re-search Conference, Turku, Finland (pp. 680-697).
Ward, S., & Chapman, C. (2003). Transforming project risk management into project uncertainty management. International Journal of Project Management, 21(2), 97-105