When prudence is reckless : rethinking the role of project risk management : a 152.785 (25 point) research report presented in partial fulfilment of the requirements for the degree of Master of Management at Massey University
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Date
2005
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Massey University. Department of Management
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Abstract
Despite the widespread use of project risk management, the results of such efforts are often underwhelming. Do project risk management practices somehow miss the point? To explore this idea I use a critical management studies framework to study project risk management. The approach prescribed in the Project Management Institute's Project Management Body of Knowledge is compared to the very different approach of a professional project manager. A theorised analysis of the difference between these approaches finds that they employ the logic of different knowledge-constitutive interests thereby making them suitable for different purposes. The study concludes with a discussion of how the results of this analysis can be presented to practitioners in a way consistent with the emancipatory agenda of critical management studies.
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Effects of aging, Short-term memory, Working memory, Face recognition, Memory