RIZIKŲ VALDYMO SĖKMĖS VEIKSNIAI ENERGETIKOS PROJEKTUOSE¶
PROBLEMOS APRAŠYMAS | PROBLEM DESCRIPTION
Energy sector has tendency to have huge projects and due to geopolitical situation, politics and high project costs - Investment mistakes can easily become into unpleasant sunk costs. Is strong risk management practices is the answer to mitigate unpleasant potential consequences or exploit opportunities ?
KATEGORIJA | CATEGORY
Rizikos, Rizikų valdymas | Risk , Risk management
REKOMENDACIJA | RECOMMENDATION
Aggregated list of CRITICAL SUCCESS FACTORS for Project and Portfolio Risk Management
Clear and transparent communication to internal stakeholders for common understanding
Support and Guidance from governance has to all project, portfolio and risk management processes
Regular employee development in project, portfolio, and risk management skills
Effective Governance Structure for communication and coordination of project, portfolio and risk management processes
Internal and External Stakeholders’ Management on various levels and departments
Attention, Understanding, and Management of industry specifics, dependencies, energy trends and changes
Special tools for each type of risks and measurement of risk management success
Soft and personal skills of Risk Manager (ability to predict risks and changes)
Team work of PMO, Risk Managers and Board of Directors
IMITATIONS and OTHER SUGGESTIONS to be taken into account:
There is very strong impact of external factors such as politics, industry trends, geopolitical situation, dependence on one supplier
Sometimes organization faces issues with employees’ low qualification. So such employees do not understand what risk is and why it is important to manage it.
Important roles play Board of Directors as a management of portfolio, which has sometimes double role as a decision-making body and as a guidance body. As well important is support from business units to projects.
Team work, Clear and Transparent Communication, and Governance Structure, which appeared to be critical success factors for project and portfolio risk management
ŠALTINIS | SOURCE
Master’s thesis: CRITICAL SUCCESS FACTORS FOR PORTFOLIO AND PROJECT RISK MANAGEMENT IN LITHUANIAN ENERGY INDUSTRY
AUTORIUS | AUTHOR
Yuliia Halan-Baliukynienie