Development and application of a new maturity model for project risk management in the automotive industry

Irizar, Jose and Wynn, Martin G ORCID: 0000-0001-7619-6079 (2022) Development and application of a new maturity model for project risk management in the automotive industry. In: Global Risk and Contingency Management Research in Times of Crisis. IGI-Global, Hershey PA, USA 17033, pp. 29-52. ISBN 9781668452790

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The management of risk is an integral part of the project management process and project failure is an area of concern in many organisations. This chapter explains and discusses a new maturity model for the assessment and management of project risk in the automotive industry. The research design was two-fold. First, a case study analysis in a major German automotive company was undertaken to develop the maturity model, the approach being qualitative and inductive, using data provided by in-depth interviews. Second, this model was then applied in two major projects currently underway in the company – one involving the implementation of a cloud-based ERP system, and the other the program management function responsible for product development and launch. The model adds to existing risk management maturity models and is unique in being specific to the automotive industry. It can be used by risk and project managers, and can be adapted to other industry sectors.

Item Type: Book Section
Subjects: T Technology > T Technology (General)
Divisions: Schools and Research Institutes > School of Business, Computing and Social Sciences
Research Priority Areas: Applied Business & Technology
Depositing User: Martin Wynn
Date Deposited: 20 Jun 2022 10:27
Last Modified: 26 Sep 2023 15:42

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