What is Our Perception of Project Risk, and do the Current Theories Truly Reflect Our Pragmatic Interpretation of This Perception?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F18%3A50014505" target="_blank" >RIV/62690094:18450/18:50014505 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1109/EMR.2018.2810111" target="_blank" >http://dx.doi.org/10.1109/EMR.2018.2810111</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1109/EMR.2018.2810111" target="_blank" >10.1109/EMR.2018.2810111</a>
Alternative languages
Result language
angličtina
Original language name
What is Our Perception of Project Risk, and do the Current Theories Truly Reflect Our Pragmatic Interpretation of This Perception?
Original language description
Risk behavior of management and the consideration of utilities and the propensity to accept certain risks, fall into a broad field of behavior and cognitive decision-making. This paper explores the wide literature on the perception of risk (in particular project risk) and then focuses on a very narrow area of that research—the perception of the relationship between the probability of risk occurrence and its possible impact if it did occur. Through a case study approach, it concludes that the linear relationship between risk “probability” and “impact” producing a “risk value” (RV ¼ PxI) may not be “perceived” to be correct and that the relationship may, in fact, be exponentially influenced.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
IEEE engineering management review
ISSN
0360-8581
e-ISSN
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Volume of the periodical
46
Issue of the periodical within the volume
2
Country of publishing house
US - UNITED STATES
Number of pages
9
Pages from-to
65-73
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85050690903