Implementing large-scale information and communication technology (IT) projects carries large risks and easily might disrupt operations, waste taxpayers' money, and create negative publicity. Because of the high risks it is important that government leaders manage the attendant risks. We...

This response to Drummond (2011) argues that risk registers, despite their drawbacks, are a useful tool in organizations. Their main function is to act as a boundary object, bridging the intra- and extra-organizational discourse about the risks and organization is facing. Thus their...

This essay briefly shines light on the current, normative, and positivist philosophies of how risk is debated in the field of project and program management. Then an alternative view is offered - Social Theories of Risk. This essay then analyses the National Programme for IT in the NHS (NPfIT),...

A major source of risk in project management is inaccurate forecasts of project costs, demand, and other impacts. The paper presents a promising new approach to mitigating such risk based on theories of decision-making under uncertainty, which won the 2002 Nobel Prize in economics. First, the...

In terms of risk, many appraisals of very large infrastructure investments assume, or pretend to assume, that infrastructure policies and projects exist in a predictable Newtonian world of cause and effect where things go according to plan. In reality, the world of policy and project preparation...