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A Project Risk Management Methodology Developed for an Electrical Portuguese Organization

A Project Risk Management Methodology Developed for an Electrical Portuguese Organization
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Author(s): Joana Peixoto (ALGORITMI Research Centre, Portugal), Anabela Tereso (ALGORITMI Research Centre, Portugal), Gabriela Fernandes (ALGORITMI Research Centre, Portugal) and Rui Almeida (EDP Distribution, Portugal)
Copyright: 2016
Pages: 20
Source title: Project Management: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-0196-1.ch042

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Abstract

This chapter resulted from an action-research undertaken on a Portuguese electric energy organization – EDP Distribution. The research aimed to develop, propose and implement a risk management methodology to integrate in the project management (PM) practices of an ongoing project. The methodology implemented allowed the project team to initiate systematized risk management practices through a simple structure, easy to apply, and with a degree of complexity compatible with the effort that the PM team could initially engage. It is expected that the proposed methodology signaled the initiation of the project risk management (PRM) process standardization in the EDP Distribution organization.

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