Risk management to enhance performance in the construction SME sector : theory and case study
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23220%2F18%3A43953646" target="_blank" >RIV/49777513:23220/18:43953646 - isvavai.cz</a>
Result on the web
<a href="https://www.intechopen.com/books/risk-management-treatise-for-engineering-practitioners/risk-management-to-enhance-performance-in-the-construction-sme-sector-theory-and-case-study" target="_blank" >https://www.intechopen.com/books/risk-management-treatise-for-engineering-practitioners/risk-management-to-enhance-performance-in-the-construction-sme-sector-theory-and-case-study</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.5772/intechopen.68798" target="_blank" >10.5772/intechopen.68798</a>
Alternative languages
Result language
angličtina
Original language name
Risk management to enhance performance in the construction SME sector : theory and case study
Original language description
Dynamic changes and increasing competition in global markets have caused changes in the management of small and medium enterprises (SMEs). Due to this fact, many SME companies try to implement different methods for strategy and operation management, quality and improvement management, risk management, etc. But the problem is the efficiency and implementation of these methods in the SME company. One way to achieve higher efficiency is the integration of management methods, meaning the combination of performance management with quality, process and risk management. This approach is also recommended in the ISO standards for quality. It was reflected in a new revision of the ISO 9001 standards in the year 2015. Performance can be described by the financial and non-financial key performance indicators (KPI), covering the cost, quality and time indicators that have been implemented in the balanced scorecard framework (BSC). The aim of this chapter is to present a methodological framework, which leads to the integration of the key performance indicators (KPI) in relation to the key risk indicators (KRI), which may affect the KPIs and overall SME performance. This framework combines a process analysis and modelling with risk and qualitative or quantitative risk assessment techniques. The case study describes its practical implementation and the verification of the designed framework. The results of this research will help to build an effective management system for performance and risk management and quality management for the business processes of SMEs.
Czech name
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Czech description
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Classification
Type
C - Chapter in a specialist book
CEP classification
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OECD FORD branch
20201 - Electrical and electronic engineering
Result continuities
Project
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Continuities
R - Projekt Ramcoveho programu EK
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Book/collection name
Risk Management Treatise for Engineering Practitioners
ISBN
978-1-78984-600-3
Number of pages of the result
18
Pages from-to
139-156
Number of pages of the book
194
Publisher name
IntechOpen
Place of publication
London
UT code for WoS chapter
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