Methodology for risk analysis of projects

Abstract

The risk in the organization activity as an economic and social system open, adaptive, with varying degrees of permeability to the influences from the current business environment, which is increasingly unpredictable and in which the only constant is the change, refers to the probability of not complying with the objectives set in terms of performance, execution and cost. The insufficient application of the recognized project management methodologies can be one of the main causes of projects failures in the organization with major influences on the activity efficiency and the performance recorded. Therefore, the methodology proposed in the paper, wants to be an effective tool, a formalized risk management tool, considered as a cyclical process, with several distinct phases, indispensable to the current organizational practice which should contribute to optimizing the project performance and its successful completion.