Finding the Links between Risk Management and Project Success: Evidence from International Development Projects in Colombia

Rodríguez Rivero, Rocío and Ortiz Marcos, Isabel and Romero Ruiz, José Javier and Ballesteros Sánchez, Luis Ignacio (2020). Finding the Links between Risk Management and Project Success: Evidence from International Development Projects in Colombia. "Sustainability", v. 12(21) (n. 9294); pp. 1-19. ISSN 2071-1050. https://doi.org/10.3390/su12219294.

Description

Title: Finding the Links between Risk Management and Project Success: Evidence from International Development Projects in Colombia
Author/s:
  • Rodríguez Rivero, Rocío
  • Ortiz Marcos, Isabel
  • Romero Ruiz, José Javier
  • Ballesteros Sánchez, Luis Ignacio
Item Type: Article
Título de Revista/Publicación: Sustainability
Date: 9 November 2020
ISSN: 2071-1050
Volume: 12(21)
Subjects:
Freetext Keywords: project management; international development projects; risk management; project success; fuzzy logic; Colombia
Faculty: E.T.S.I. Industriales (UPM)
Department: Ingeniería de Organización, Administración de Empresas y Estadística
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

The aim of this research is to help improve the effectiveness of international development projects (IDPs) with a focus on enhancing their success. For this purpose, this work seeks to identify links between the management of risks among five projects executed in Cauca (Colombia) and the success of these projects in terms of project management and impacts on the beneficiary communities. An analysis of these projects reveals the most critical risks encountered and the relationships between the management of those risks and the success of the projects. The use of fuzzy logic through the fuzzy-set qualitative comparative analysis (fsQCA) program is key to performing this di?cult task. The results of a qualitative study reveal that the most important risks correspond to economic, cultural, and political factors. A quantitative analysis by fsQCA shows a direct relationship between the management of cultural differences and the positive impacts of IDPs on the beneficiary communities.

More information

Item ID: 65318
DC Identifier: http://oa.upm.es/65318/
OAI Identifier: oai:oa.upm.es:65318
DOI: 10.3390/su12219294
Official URL: https://www.mdpi.com/2071-1050/12/21/9294
Deposited by: Memoria Investigacion
Deposited on: 11 Nov 2020 14:49
Last Modified: 11 Nov 2020 14:49
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