An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management

Project Risk Management is crucial in determining the future performance of a complex project. Increasing project complexity makes it more and more difficult to anticipate potential events that could affect the project and to make effective decisions to reduce project risk exposure. To tackle these...

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Main Author: Franck Marle
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/3739129
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author Franck Marle
author_facet Franck Marle
author_sort Franck Marle
collection DOAJ
description Project Risk Management is crucial in determining the future performance of a complex project. Increasing project complexity makes it more and more difficult to anticipate potential events that could affect the project and to make effective decisions to reduce project risk exposure. To tackle these conceptual and managerial issues, the proposed approach introduces Complex Systems Theory-based improvements into some PRM subprocesses and runs the global PRM process using Agile Project Management principles. We argue that these advanced techniques for managing project risk complexity, notably risk interdependencies, are coherent with the distributed, self-organized nature of agile teams. This new way of structuring and executing Project Risk Management offers the possibility to make decisions more frequently, when needed, with a more distributed authority, and with richer information about anticipation of events and consequences of actions. First results show an appropriation of this combined approach by project members due to agile principles that allows for getting the more reliable information promised by Complex Systems Theory.
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spelling doaj-art-75600069000e4f388a325d8ed8b60a802025-02-03T00:58:52ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/37391293739129An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project ManagementFranck Marle0Université Paris-Saclay, CentraleSupélec, Laboratoire Genie Industriel, 3 Rue Joliot-Curie 91190, Gif-sur-Yvette, FranceProject Risk Management is crucial in determining the future performance of a complex project. Increasing project complexity makes it more and more difficult to anticipate potential events that could affect the project and to make effective decisions to reduce project risk exposure. To tackle these conceptual and managerial issues, the proposed approach introduces Complex Systems Theory-based improvements into some PRM subprocesses and runs the global PRM process using Agile Project Management principles. We argue that these advanced techniques for managing project risk complexity, notably risk interdependencies, are coherent with the distributed, self-organized nature of agile teams. This new way of structuring and executing Project Risk Management offers the possibility to make decisions more frequently, when needed, with a more distributed authority, and with richer information about anticipation of events and consequences of actions. First results show an appropriation of this combined approach by project members due to agile principles that allows for getting the more reliable information promised by Complex Systems Theory.http://dx.doi.org/10.1155/2020/3739129
spellingShingle Franck Marle
An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management
Complexity
title An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management
title_full An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management
title_fullStr An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management
title_full_unstemmed An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management
title_short An Assistance to Project Risk Management Based on Complex Systems Theory and Agile Project Management
title_sort assistance to project risk management based on complex systems theory and agile project management
url http://dx.doi.org/10.1155/2020/3739129
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AT franckmarle assistancetoprojectriskmanagementbasedoncomplexsystemstheoryandagileprojectmanagement