IDEAS home Printed from https://ideas.repec.org/a/taf/tprsxx/v53y2015i2p321-340.html
   My bibliography  Save this article

Impact of risk management on project performance: the importance of soft skills

Author

Listed:
  • Marly Monteiro de Carvalho
  • Roque Rabechini Junior

Abstract

This study aims to elucidate the relationship between risk management and project success, considering the contingent effect of project complexity. This approach also combines aspects of soft and hard skills. This methodological approach involves a literature review to underpin the conceptual framework and a survey for empirical validation, using structural equation modelling. The hypotheses were tested based on a field study involving 263 projects distributed among eight industries. The fieldwork involved interviews with project managers and risk managers and an analysis of internal company documents about the projects’ performance. The structural model presented herein provides a means for correlating the hard and soft sides of risk management with project success, understanding the moderating effect of project complexity. The soft side of risk management appears most prominently and explains 10.7% of the effect on project success. Moreover, the soft side supports the hard side, since we found a significant correlation that explains 25.3% of the effect on the hard side.

Suggested Citation

  • Marly Monteiro de Carvalho & Roque Rabechini Junior, 2015. "Impact of risk management on project performance: the importance of soft skills," International Journal of Production Research, Taylor & Francis Journals, vol. 53(2), pages 321-340, January.
    • Handle: RePEc:taf:tprsxx:v:53:y:2015:i:2:p:321-340
    DOI: 10.1080/00207543.2014.919423
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00207543.2014.919423
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00207543.2014.919423?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:tprsxx:v:53:y:2015:i:2:p:321-340. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TPRS20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.