Modern Project Management

(ISSN: 2317-3963)

info@journalmodernpm.com

Project Risk Management in R&D Organizations : A Survey on Risk Register from Korean companies.

ChangHan Ryu
Graduate School of Technology & Innovation Management, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul, 133-791, Korea Korea, Republic Of
Su Young Lim
Graduate School of Technology & Innovation Management, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul, 133-791, Korea Korea, Republic Of
Minsuk Suh
Graduate School of Technology & Innovation Management, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul, 133-791, Korea Korea, Republic Of

Abstract

This study surveyed over 200 Korean R&D organizations -enterpirses, institutions, and universities - on perceptions of risk management ; their risk management policies; the usability of Risk Register usage; the perception of Risk Registers by users; and a strategy to improve the usability of Risk Registers. The main premise is that risk management rests on the balance between probability and impact. Based on this premise, the study analyzes the componets of Risk Registers used in Korean enterprises and foreign enterprises; from these findings, a Risk Register Template is proposed for the use of Korean R&D organizations.

Keywords: R&D, Project risk, Risk management,, Risk register..

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Keywords

Project managementAgileconstructionSustainabilityproject successProjectProject SuccessDSMinnovationcase studyPMOBIMClusteringsuccessSMEDMMGovernanceLeanuncertaintyprojectcomplexityLeadershipPERTSuccessriskcriteriaschedule