Sustainability of Business through Project Risk Identification with Use of Expert Estimates

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F02819180%3A_____%2F21%3A%230000197" target="_blank" >RIV/02819180:_____/21:#0000197 - isvavai.cz</a>

Alternative codes found

RIV/26033909:_____/21:N0000012

Result on the web

<a href="http://www.mdpi.com/journal/sustainability" target="_blank" >http://www.mdpi.com/journal/sustainability</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/su13116311" target="_blank" >10.3390/su13116311</a>

Result language

angličtina

Original language name

Sustainability of Business through Project Risk Identification with Use of Expert Estimates

Original language description

Projects are a tool that enables enterprises to implement innovation and development activities and achieve the goals in the set time, costs and required quality but they also bring risks that need to be adequately identified, analyzed and assessed. Important tools that can be used in project management in the process of risk identification are expert estimates. However, little attention is paid to determining the accuracy of expert estimates. To verify the accuracy of expert estimates, an analysis of all completed projects for a certain period of enterprise that implemented them was performed. The purpose of the study was to determine the accuracy of expert estimates in the enterprise implementing projects. This was ascertained by analyzing all available completed projects and by Barnard’s test at the significance level of = 0.05. The Phi coefficient of association was used to determine its extent. In the paper, we pointed out how inappropriate expert estimates affect the completion of the project within the specified period.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Sustainability

ISSN

2071-1050

e-ISSN

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Volume of the periodical

13

Issue of the periodical within the volume

11

Country of publishing house

CH - SWITZERLAND

Number of pages

16

Pages from-to

2-17

UT code for WoS article

000660745800001

EID of the result in the Scopus database

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