While previous research suggests that risk management influences project success, less is known about the practical application of the risk management concept on projects and its’ influence on development project success. Thus, this thesis investigates the impact of risk management on project success from a development project perspective. Adopting a qualitative case study approach with semi-structured interviews as the main source of data collection and assessing success from a stakeholder perspective as well as the achievements of the project’s intended outcomes and analysing the various risk management strategies adopted in the pursuance of those outcomes, the findings indicate that risk management practice positively influence development project success. To achieve this, the empirical data shows that risk identification need to be approached strategically to provide a clear focus for project delivery leading to the design of strategic actions to respond to identified risks as well as an effective monitoring and evaluation of the risk management process as a whole. Additionally, the different stakeholder objectives and expectations need to be strategically incorporated into the risk management strategy without deviating from the project’s purpose. The study recommends the need for development project managers not to over-rely on academic expertise in their identification of risks but make use of the wider pool of knowledge available to them, technical or not and to also pursue the positive impacts of risk. Furthermore, they should widen their risk management strategies to include donor support missions, without deviating from the project’s purpose, to ensure transparency and efficiency.

The proposition of this dissertation is that superior capital budgeting solutions can be attained by not only analyzing projects individually but rather as part of a portfolio of projects that has the objective of maximizing the company’s range of multiple objectives, not only the economic benefit. The dissertation starts with a detailed study of current techniques and an assessment of flaws and shortcomings. This study concludes with the requirements that any new approach or model must address in order to improve on the current practices. Based on these requirements, a new model is developed based on the portfolio approach that integrates all the assumptions, constraints, project and variable interrelationships. An important feature of the model is that it selects its portfolio of capital projects in such a way that it optimizes support for the company’s multiple objectives, not only the economic objective. The dissertation concludes with the application of this model to a hypothetical case. It is concluded that, by developing and using this model, a company can improve the analysis required before capital budgets are finalized. / Dissertation (MEng (Industrial Engineering))--University of Pretoria, 2006. / Industrial and Systems Engineering / unrestricted

The thesis is focused on the prevention of crises in the management of construction projects. It deals with risk management process, risk management methodologies according to standards, organizations and publications of authors. Detailed methods of risk identification, risk analysis and treatment are described in detail. The thesis also explaines the methods of crisis management and the general expression of the crisis. Instruments of financial analysis have also been described to predict the dangers of a construction site. The aim of the dissertation is to confirm the significance of the hierarchy of risks in the process of their management. The second goal of the dissertation is to demonstrate the correlation between the crisis in the project and the crisis in the construction company.

This master’s thesis discuss the renewable energy source utilisation, to be more precise it describes the Photovoltaic Power Plants. These sources are not only capable of contributing to the regeneration of the environment and to the electricity production, but they are also capable of generating the investor’s economic profit. The individual chapters describe the external factors affecting the project, present condition of the project’s realization, the theory of photovoltaic cells and systems, CCTV camera systems, which are necessary for the power plant security.

Presented master thesis deals with project management. Thesis describes in detail methods used for project management and the project management life cycle. The aim of this thesis is in innovation of project methodology in company Pontech s.r.o. In written down methodology are described processes occurring in all phases of managing projects, which are important for effectiveness.

This thesis deals with the risk analysis and risk management of a construction project, their detailed characteristics and classification. In the practical part, knowledge and findings from the theoretical part are applied to a project aimed at the reconstruction and completion of an indoors swimming pool in the town Kuřim. In the course of the risk analysis assessment, important information on the project were given, furthermore, risks were identified, the intensity of their impact and likelihood of their development was established, and measures to reduce the risks were recommended.

В работе представлена концепция проекта создания негосударственного образовательного учреждения. Для реализации проекта разработан план мероприятий по открытию частной школы в г.Екатеринбург. Идентифицированы риски данного проекта, разработаны мероприятия по их снижению и проведена оценка эффективности проекта для ключевых участников. / The paper presents the concept of the project of creating a non-state educational institution. To implement the project, an action plan was developed for opening a private school in Yekaterinburg. The risks of this project were identified, measures were developed to reduce them, and the project's effectiveness was assessed for key participants.

Abstract Large engineering projects are executed by a network of heterogeneous organisations. In order to be effective, risk management in large engineering projects needs to take the perspective of the entire project network instead of focusing on risk management practices of single actors. Contextual factors such as complexity of the project network and the challenging institutional environment pose additional challenges to risk management. The purpose of this study is to increase the understanding of the sources of risks in engineering project networks and the role of risk sources in determining risk management practices. The perspective of information processing theory is used. The role of equivocality and uncertainty as organisations’ rationales for processing information is examined to gain new insights into the selection of appropriate risk management practices. Literature introduces relational contracting as a response to the need for collaboration in project networks. In this study collaborative risk management practices in the workshop-type meeting and in the project alliance were studied. A qualitative research method was employed to study the nature of risk sources, the role of risk sources in determining risk management practices and collaborative risk management practices. The results of this study enhance the understanding of the nature of risks in engineering project networks. The current project risk management literature proposes that contextual factors related to technology, organising projects and environment increase uncertainty in projects. This study shows that it is relevant to categorise risk sources based on their contingency factors related to uncertainty (lack of information) and to equivocality (the existence of multiple interpretations). It is shown how risk sources impact the selection of project risk management practices. Collaborative risk management practices of workshop-type meeting and project alliance are depicted. Project-based companies and organisations executing investment projects can benefit from the results of this study. This study can guide managers when developing practices to enhance risk management. This study shows how informal risk management practices should be considered in addition to the traditional formal risk management practices, particularly in cases when projects confront situations of equivocality. / Tiivistelmä Suuria projekteja toteutetaan heterogeenisten organisaatioiden muodostaman projektiverkoston avulla. Projektiverkoston tehokkaaseen riskienhallintaan tarvitaan koko verkoston näkökulma yhden organisaation näkökulman sijaan. Tilannetekijät kuten projektiverkoston monimuotoisuus ja projektin haasteellinen ympäristö asettavat lisää haasteita riskienhallinnalle. Tämän väitöskirjan tavoitteena on lisätä ymmärrystä siitä, mitkä ovat riskien lähteitä projekteissa ja kuinka riskien lähteet vaikuttavat riskienhallintamenetelmien valintaan. Väitöskirjassa on käytetty teoreettisena viitekehyksenä informaation prosessoinnin näkökulmaa. Erityisesti on tutkittu monimerkityksisyyden ja epävarmuuden roolia organisaatioiden perusteena käsitellä informaatiota. Kirjallisuudessa on esitetty luottamukseen perustuva sopiminen vastauksena projektiverkostojen yhteistoiminnallisuuden tarpeelle. Väitöskirjassa on tutkittu yhteistoiminnallisina riskienhallintamuotoina työpajatyyppistä työskentelyä sekä projektiallianssia. Tutkimuksessa on tapaustutkimuksen avulla selvitetty projektien riskien lähteitä, riskien lähteiden roolia riskienhallintamenetelmiä määritettäessä, sekä yhteistoiminnallisia riskienhallintakeinoja. Tutkimuksen löydökset lisäävät ymmärrystä projektien riskien lähteistä. Nykyinen projektin riskienhallintakirjallisuus esittää, että projektien tilannetekijät, jotka liittyvät teknologiaan, projektien organisointiin ja ympäristöön kasvattavat epävarmuutta. Tämä tutkimus osoittaa, että on tärkeää jaotella projektien riskit tilannetekijöittäin. Jaottelu tulee tehdä sen mukaan onko vallitseva tilannetekijä epävarmuus eli tiedon puute vai monimerkityksisyys eli tilanne, jossa on paljon keskenään ristiriitaista tietoa. Tässä tutkimuksessa osoitetaan kuinka riskien lähteet vaikuttavat projektiverkoston riskienhallintamenetelmien valintaan. Lisäksi kuvataan yhteistoiminnallisia riskienhallintamenetelmiä projekteissa. Projektitoimintaa harjoittavat yritykset sekä investointiprojekteja tekevät organisaatiot voivat hyödyntää tämän tutkimuksen tuloksia. Tutkimuksen tulokset ohjaavat riskienhallintamenetelmien muokkaamista erilaiset tilannetekijät huomioon ottaen. Tämä tutkimus osoittaa, kuinka epämuodollisia riskienhallintamenetelmiä tulisi suosia perinteisten muodollisten menetelmien ohessa erityisesti tilanteissa, joissa monimerkityksisyys on vallitseva tilannetekijä.

The subject of my dissertation is to describe construction technology project of the administration building in Trencin. I focused on the budget, work schedule, environmental protection, appropriate setup of temporary objects on the construction site and efficient machine assembly. Result of work represents possible construction progression with focus on site condistions.

Diploma thesis focuses on the development of parking building with commercial premises Rychtářka in Plzeň, which is realized in the form of public and private sector partnership. The thesis deals with effective application of project management methods in light of the general contractor Hermosa Parking Plzeň a.s. Information and knowledge gained in the theoretical part of the thesis are then used in the practical part for the design of project management methodics on development project Rychtářka. The outcome of practical part of the thesis is project management methodic, which should help to secure the optimal solution for complex structured process that leads to the realization of parking building Rychtářka and the compliance with all the specific characteristics of development projects.