Risk-management perspective on the project life cycle

Ward, Stephen C. and Chapman, Chris B. (1995) Risk-management perspective on the project life cycle. International Journal of Project Management, 13, (3), 145-149. (doi:10.1016/0263-7863(95)00008-E).


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Shortcomings in the project-management process can be major sources of project risk. The paper highlights these sources of risk and places them in the project lifecycle. The project lifecycle is commonly described in terms of four phases: conceptualisation, planning, execution, and termination. The paper offers a more detailed framework, involving eight stages and a number of steps within each stage. Explicit acknowledgement of this more detailed stage and step structure should facilitate more effective identification and management of process risks.

Item Type: Article
Digital Object Identifier (DOI): doi:10.1016/0263-7863(95)00008-E
ISSNs: 0263-7863 (print)
Related URLs:
Keywords: project lifecycle, risk drivers, risk management
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions : University Structure - Pre August 2011 > School of Management
ePrint ID: 35677
Accepted Date and Publication Date:
Date Deposited: 01 Aug 2006
Last Modified: 31 Mar 2016 12:03
URI: http://eprints.soton.ac.uk/id/eprint/35677

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