Management of risk in delivering complex research and development projects

Alshehhi, Badr and Thorpe, David and Goh, Steven and Alkaabi, Sultan (2018) Management of risk in delivering complex research and development projects. International Journal of Engineering Technology and Management, 5 (6). pp. 1-13. ISSN 2394-6881

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Abstract

Risk management continues to be a major feature of the project management of large construction, engineering, technological, and research and development projects in an attempt to reduce uncertainties and to achieve project success. There are uncertainties and risks at every stage of R&D projects through the product lifecycle. Therefore, management of the risks is an important challenge for the R&D project managers, and the close linking of project risk management with the success of the project is acknowledged across the world. Thus, the focus of this study is on the management of risk in delivering complex research and development projects within the United Arab Emirates Armed Forces. Even though the management of risks related to the military environments has been studied for several years, studies on the risks pertaining to research and development of the military environments are still comparatively low and almost negligible in the UAE. This gives value to such type of study for filling in the literature. This chapter discuss the theoretical background of the subject at hand. It highlights the perspective of project management and risk management, in addition to reviews of the related literature.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Published version deposited in accordance with the copyright policy of the publisher.
Faculty/School / Institute/Centre: Current - Faculty of Health, Engineering and Sciences - School of Civil Engineering and Surveying
Date Deposited: 25 Mar 2019 01:56
Last Modified: 10 Jun 2019 03:17
Uncontrolled Keywords: armed forces, R&D, complex project, risk management
Fields of Research : 09 Engineering > 0915 Interdisciplinary Engineering > 091503 Engineering Practice
URI: http://eprints.usq.edu.au/id/eprint/35884

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