Exploring the Relationship Between Rework Projects and Risk Indicators
ABSTRACT When projects fail to adequately meet requirements, organizations are forced to either abandon the project or to initiate a new project to address the original project requirements. Because the organization already has experience with and exposure to many project details, it is possible tha...
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Published in | Project management journal Vol. 46; no. 4; pp. 63 - 75 |
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Main Authors | , , , , |
Format | Journal Article |
Language | English |
Published |
Hoboken, USA
Wiley Periodicals, Inc
01.08.2015
Sage Publications Ltd |
Subjects | |
Online Access | Get full text |
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Summary: | ABSTRACT
When projects fail to adequately meet requirements, organizations are forced to either abandon the project or to initiate a new project to address the original project requirements. Because the organization already has experience with and exposure to many project details, it is possible that the second attempt to address the original requirements (a rework project) will create different challenges for the project team. The purpose of this study was to examine risk indicators for rework projects and to determine whether or not risk indicators were the same or different for rework projects. A risk indicator is a factor that has predictive power about the likelihood of a risk occurring in the course of a project's life cycle. The projects studied for this research were undertaken by a large engineering design organization. The results show that there are some important differences in the types of risk indicators experienced by project managers and project teams in rework projects. Specifically, the risks associated with project urgency, quality, and technological changes were more common in rework projects. By understanding and attending to these differences in rework project risks, project managers will be better equipped to successfully guide rework projects to completion. |
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Bibliography: | istex:BE252AA16E119531BF9B4AD25C7D4FEB749205A5 ArticleID:PMJ21509 ark:/67375/WNG-D3S8LK2Q-L |
ISSN: | 8756-9728 1938-9507 |
DOI: | 10.1002/pmj.21509 |