International Journal of Advanced and Applied Sciences

Int. j. adv. appl. sci.

EISSN: 2313-3724

Print ISSN: 2313-626X

Volume 4, Issue 6  (June 2017), Pages:  1-13


Title: Risk management standards for project management

Author(s):  Petr Rehacek *

Affiliation(s):

Department of Systems Engineering, Faculty of Economics, VSB – Technical University, Ostrava, Czech Republic

https://doi.org/10.21833/ijaas.2017.06.001

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Abstract:

The purpose of this paper is to present and compare the main standards for project risk management that are currently available today. Four international standards recognized world-wide were selected for comparison: PMI, PRINCE2, IPMA, ISO 31000 and IEC 62198. Project management has evolved over recent years into a mature professional discipline characterized by a formalized body of knowledge and the definition of systematic processes for the execution of a project. All these and possibly other factors as well, have resulted in growing numbers of books, articles and conferences being devoted to project risk management. This level of activity has also led to the development of a number of standards that prescribe for and advise organizations on the best way to manage their risks. Every meaningful standard for project management contains project risk management as its important part. 

© 2017 The Authors. Published by IASE.

This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

Keywords: Management, Project, Risk

Article History: Received 24 January 2017, Received in revised form 23 April 2017, Accepted 25 April 2017

Digital Object Identifier: 

https://doi.org/10.21833/ijaas.2017.06.001

Citation:

Rehacek P (2017). Risk management standards for project management. International Journal of Advanced and Applied Sciences, 4(6): 1-13

http://www.science-gate.com/IJAAS/V4I6/Rehacek.html


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