Project and Risk Management in a Global Context: The Importance of Cultural Risk

Project and Risk Management in a Global Context: The Importance of Cultural Risk

Mirko Perano, Bice Della Piana, Gian Luca Casali
ISBN13: 9781522554813|ISBN10: 1522554815|EISBN13: 9781522554820
DOI: 10.4018/978-1-5225-5481-3.ch070
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MLA

Perano, Mirko, et al. "Project and Risk Management in a Global Context: The Importance of Cultural Risk." Global Business Expansion: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, IGI Global, 2018, pp. 1525-1548. https://doi.org/10.4018/978-1-5225-5481-3.ch070

APA

Perano, M., Della Piana, B., & Casali, G. L. (2018). Project and Risk Management in a Global Context: The Importance of Cultural Risk. In I. Management Association (Ed.), Global Business Expansion: Concepts, Methodologies, Tools, and Applications (pp. 1525-1548). IGI Global. https://doi.org/10.4018/978-1-5225-5481-3.ch070

Chicago

Perano, Mirko, Bice Della Piana, and Gian Luca Casali. "Project and Risk Management in a Global Context: The Importance of Cultural Risk." In Global Business Expansion: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, 1525-1548. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-5481-3.ch070

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Abstract

Project management is one of the possible ways to improve the organizational reputation and create value. The control achievable on each project' constrains (time, cost and quality) and the actions consequent by assessment process can represent in theory a guarantee for the success of a project. In practical, there are many risks capable of upsetting the project dynamics leading to failures. Risk management, or the specific area of knowledge of Project Risk Management, are useful to prevent this possible occurrence. The global dimension of organizations' networks that use PM, moves this quality to the project that this organizations do. A definition of global project is provided as well as also the consequent considerations about the cross-cultural aspect within the peoples involved in this type of project. It is framed and proposed a new category of risk related to management of global project: cultural risk analysis.

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