Abstract

COJ Technical & Scientific Research

A Review of the Risk Management Process of Project Management Methodologies in COVID- 19 Era

  • Open or CloseNnaemeka M*

    Navicent Health Medical Center, Georgia

    *Corresponding author: Nnaemeka M, Navicent Health Medical Center, General Gynecology, Macon, Georgia

Submission: December 10, 2020; Published: September 29, 2021

Abstract

A project management methodology as defined by the Project Management Institute (2019) is a system that integrates various practices, techniques, procedures and rules for delivering projects. The common project management methodologies used in the delivery of projects include the Traditional Project Management Methodology (PMBoK), PRINCE2, Waterfall and Agile. The afore mentioned methodologies share similar process for managing project risks. In the face of the Covid-19 crises, an important need for the review and modification of the risk management process applied in these project management methodologies have been recognized in order to enable project teams deal with the uncertainties and challenges resulting from global undesirable events such as the coronavirus pandemic. This article reviewed the current risk management framework shared by popular project management methodologies and proposed a modification to the framework to enhance its effectiveness in supporting project teams increase their prospects of successfully delivering projects in challenging times like the Covid-19 era.

Keywords: Risk management; Methodologies; COVID-19; Global; Stakeholders; Budget; Measurability; Implement

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