Risk Factor Classification GEMIO in the Planning Phase of Logistic Project Management

Abstract

Logistic project management consists of a few phases, which may be generally defined as vision, planning, implementation, control, and project closure. In projects which involve logistic planning, logistic chain management, and physical distribution of goods, risk management issues are supposed to be included. Moreover they are often critical for the safety and security of the project implementation. Precise definition of risk factors is often difficult; however it is essential in the process of logistic project planning. Risk factors are individual for each logistic chain. They should be classified and their significance for the project should be assigned. Risk factors’ classification GEMIO is a tool, which can be used to define risks in logistic processes and to plan the necessary safety and security procedures.