The purpose of project risk management is to improve project performance by systematically identifying and assessing risks, developing strategies to reduce threats and to maximize opportunities. According to our review, some key success factors have previously been iden More
The purpose of project risk management is to improve project performance by systematically identifying and assessing risks, developing strategies to reduce threats and to maximize opportunities. According to our review, some key success factors have previously been identified in project risk management literature, but their importance relative to each other has yet been uncovered. This paper introduces an applicable model to diagnose and to rank the project risk management key success factors of an assumed project, using group decision-making. Surely, having the obtained rank may lead the project manager view toward focusing on critical points of project risk management. The proposed model could be used by the analysts of the other management fields. The paper ends with explaining a case study.
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