Project, systems and risk management processes interactions

@article{Alali2009ProjectSA,
  title={Project, systems and risk management processes interactions},
  author={Baqer Alali and Ariel C. Pinto},
  journal={PICMET '09 - 2009 Portland International Conference on Management of Engineering & Technology},
  year={2009},
  pages={1377-1386}
}
This paper discusses three major concepts: projects, risk, and systems management. Systems and project management consider risk management as an integral part of their processes. Risk management is used to avoid any failure or crisis during their life cycles. Projects have well defined life cycles during which the risk is defined, controlled, and managed. Systems, on the other hand, have a relatively longer life cycle that is divided into phases. Risk management is processed in each phase of… CONTINUE READING

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