Abstract
The purpose of this article is to examine the literature on risk management in projects and to provide a robust and structured literature review on risk sources in project management. We developed a systematic review and we found 817 articles on the data bases. We selected 68 articles. Results show 538 sources of risk in projects. We categorized these sources on 25 constructs. This research helps project managers to identify risks prior to the start of the project; and allows to develop appropriate measures to reduce or mitigate risks at an early stage of a project.
Highlights
A project is a unique, complex and connected sequence of activities to reach a goal or purpose
The purpose of this article is to examine the literature on risk management in projects and to provide a robust and structured literature review on risk sources in project management
We present a theoretical background on project risk management
Summary
A project is a unique, complex and connected sequence of activities to reach a goal or purpose. It should be ended on a deadline, within a defined budget and according to the technical specification to attend the requirements of clients (PMI, 2013). The following research questions are considered: (Q1) what are the sources of risk in project management? The purpose of this article is to examine the literature on risk management in projects and to provide a robust and structured literature review on risk sources in project management. The sources of risk in projects and the methodologies for project risk analysis are discussed. We present the conclusions, limitations of the article, and recommendations for future research
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