Abstract
The purpose of this chapter is to position the concepts of risk and knowledge management as important components of organizational strategy and demonstrate the value added of using risk and knowledge management for project development. The methodology used is an extensive review and synthesis of the literature combined with practical results from our own work and that of others. In this chapter, we present how knowledge has changed in risk management; from traditional risk management to the integration of risk management for analyzing enterprise risk. In addition, we identify problems relating to knowledge in risk management in the form of three questions: what to know, how to know and why know, using examples of means to know in risk management and results of research related to risk modelling, managing content of risk knowledge and risk knowledge sharing. After you have read this chapter you will be able to link the concepts of risk and knowledge, identify knowledge as a way to mitigate risk, follow knowledge management processes in order to support the risk management process and be aware of the most important points in starting a risk knowledge management system for project management.
Original language | English |
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Title of host publication | Risk Management in Engineering and Construction |
Subtitle of host publication | Tools and Techniques |
Chapter | 17 |
Pages | 325-351 |
Number of pages | 27 |
ISBN (Electronic) | 9780203887059 |
Publication status | Published - 27 Sept 2019 |