COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES
The purpose of this article is to present the risk management process in the project management of two industries: aviation and automotive. The analysis was based on a comparison of the two approaches based on the risk matrix used. Risk management differs between industries, and it is up to the orga...
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Format: | Article |
Language: | English |
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Rzeszow University of Technology
2024-12-01
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Series: | Humanities and Social Sciences |
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Online Access: | https://journals.prz.edu.pl/hss/article/view/1904 |
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author | Agnieszka JĘDRUSIK |
author_facet | Agnieszka JĘDRUSIK |
author_sort | Agnieszka JĘDRUSIK |
collection | DOAJ |
description | The purpose of this article is to present the risk management process in the project management of two industries: aviation and automotive. The analysis was based on a comparison of the two approaches based on the risk matrix used. Risk management differs between industries, and it is up to the organization to choose the monitoring and methodology adapted to the specific sector. Risk management is an important aspect of the entire project life cycle and must be monitored throughout the project life cycle to protect not only the budget but all areas of the so-called "golden triangle." Of great importance is the organization's awareness that risk management is everyone’s responsibility, not just the project manager’s. |
format | Article |
id | doaj-art-666dfe4a38da40188ab2fc5e0995840d |
institution | Kabale University |
issn | 2300-5327 2300-9918 |
language | English |
publishDate | 2024-12-01 |
publisher | Rzeszow University of Technology |
record_format | Article |
series | Humanities and Social Sciences |
spelling | doaj-art-666dfe4a38da40188ab2fc5e0995840d2025-02-05T18:35:47ZengRzeszow University of TechnologyHumanities and Social Sciences2300-53272300-99182024-12-0131414114610.7862/rz.2024.hss.481904COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIESAgnieszka JĘDRUSIK0Rzeszow University of TechnologyThe purpose of this article is to present the risk management process in the project management of two industries: aviation and automotive. The analysis was based on a comparison of the two approaches based on the risk matrix used. Risk management differs between industries, and it is up to the organization to choose the monitoring and methodology adapted to the specific sector. Risk management is an important aspect of the entire project life cycle and must be monitored throughout the project life cycle to protect not only the budget but all areas of the so-called "golden triangle." Of great importance is the organization's awareness that risk management is everyone’s responsibility, not just the project manager’s.https://journals.prz.edu.pl/hss/article/view/1904riskrisk managementrisk matrix |
spellingShingle | Agnieszka JĘDRUSIK COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES Humanities and Social Sciences risk risk management risk matrix |
title | COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES |
title_full | COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES |
title_fullStr | COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES |
title_full_unstemmed | COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES |
title_short | COMPARISON OF RISK MANAGEMENT IN THE AVIATION AND AUTOMOTIVE INDUSTRIES |
title_sort | comparison of risk management in the aviation and automotive industries |
topic | risk risk management risk matrix |
url | https://journals.prz.edu.pl/hss/article/view/1904 |
work_keys_str_mv | AT agnieszkajedrusik comparisonofriskmanagementintheaviationandautomotiveindustries |