Version 1
: Received: 9 December 2023 / Approved: 11 December 2023 / Online: 11 December 2023 (07:46:10 CET)
How to cite:
Waheeb, R.; Kocins, G. Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Preprints2023, 2023120672. https://doi.org/10.20944/preprints202312.0672.v1
Waheeb, R.; Kocins, G. Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Preprints 2023, 2023120672. https://doi.org/10.20944/preprints202312.0672.v1
Waheeb, R.; Kocins, G. Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Preprints2023, 2023120672. https://doi.org/10.20944/preprints202312.0672.v1
APA Style
Waheeb, R., & Kocins, G. (2023). Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Preprints. https://doi.org/10.20944/preprints202312.0672.v1
Chicago/Turabian Style
Waheeb, R. and Gary Kocins. 2023 "Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation" Preprints. https://doi.org/10.20944/preprints202312.0672.v1
Abstract
Risk management strategies protect the company as a whole as well as employees from unforeseen financial impacts. As in the case of personal finance, preparing for certain scenarios helps to face any difficulties that the company may encounter and allows it to get out of this impasse.For any project to be successful, the way the project executing agency will deal with potential risks must be determined so that it can identify, mitigate or avoid problems when it needs to do so. Successful project managers realize that risk management is important, because the achievement of project objectives depends on planning, preparation, results and evaluation that contribute to the achievement of strategic goals, especially the sustainable development of societies.Risk management strategies work to protect the company as a whole as well as employees from unexpected financial effects, and as is the case in personal finance, preparing for certain scenarios helps to face any difficulties that the company may face and allows it to get out of this impasse.To ensure the success of your project, determine how you will handle potential risks so that you can identify, mitigate or avoid problems when you need to do so. Successful project managers understand that risk management is important, because the achievement of project objectives depends on planning, preparation, results, and evaluation that contribute to the achievement of strategic objectives.
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
