Tag Archives: Project Risk

Challenges and Benefits of Applying Risk Management to Construction Projects in Jordan (Published)

Construction projects have several characteristics including: defined scope, predefined timeline, defined budget and specific quality requirements. Therefore, investment in construction projects is a tough decision to be made. Especially when we know that construction projects involve risk complicated issues, which will influence project objectives. Risk management is an integral part of the construction management process. The overall objective of this study is to understand the depth to which risk management is applied in construction projects in Jordan and identify the barriers and challenges that may hinder the risk management process. The study will also highlight the benefits of applying risk management and how construction companies can improve their risk management process by adopting set of best practices. This study is based on findings from a questionnaire-based survey on risk management application to construction projects in Jordan

Keywords: Project Risk, Risk Management, project team, risk mitigation, risk score

What, When, Why, and How? A Comparison between Agile Project Management and Traditional Project Management Methods (Published)

Agile project management (APM) has emerged as a new approach to managing high-risk and time-sensitive projects as it has proven to provide better productivity, higher quality, and more efficient decision making. In addition, APM has proven to result in lower overall project costs and faster time to market, due to its framework that is based on frequent customer interaction and frequent and quick delivery cycles. In spite of its momentum in various industries, a great deal of ambiguity exists in defining the details of APM methodology, processes, tools, and approach, especially when being compared with traditional project management (TPM) methods and processes. This confusion is amplified when software-related practices and specific artefacts are used to describe the APM because its method was influenced by agile software-development practices. This research study compares and contrasts the APM with TPM in the five process groups and 10 knowledge areas defined in the Project Management Institute PMBOK (2013). Moreover, it compares the two methods in key management disciplines related to leadership style, communication, change, scope, and risk management.

Keywords: Agile Management, Change Management, Project Risk, Traditional Project Management