Arik Sadeh, Ofer Zwikael and Jack Meredith
As managing risks effectively is critical for successful projects, project managers regularly identify and prioritize the risks that apply to their projects. However, research…
Abstract
Purpose
As managing risks effectively is critical for successful projects, project managers regularly identify and prioritize the risks that apply to their projects. However, research argues that project managers struggle to identify effective risk mitigation approaches for the most critical risks, partly because they do not always have the required authority to act effectively. The authors argue that, particularly in high-risk projects, organizational support (OS) provided by senior executives to project managers can facilitate a practical approach to risk mitigation beyond traditional risk management practices.
Design/methodology/approach
The authors modeled the relationship between risk, organizational support and project success. Then, the authors conducted a structural equation modeling analysis on survey data obtained from 722 projects and tested for the impacts of OS practices in the presence of risk on projects' success.
Findings
Suppose done effectively, senior executives can provide more support to project managers and the teams in high-risk projects, resulting in higher project success. OS has a positive impact on project success in terms of efficiency and effectiveness. Interestingly, the positive impact of OS on success is greater than the negative impact of the risk.
Practical implications
The paper further describes various effective OS practices to mitigate risks and explore opportunities when faced with high-risk projects.
Originality/value
Whereas it is known that risk has a negative impact on project success, this paper suggests that, in addition to that, OS is in between risk and success and has an impact on this relationship (mediation). Moreover, with OS, the total negative effect of risk on effectiveness turns into a positive impact.
Details
Keywords
Ayala Malach‐Pines, Arik Sadeh, Dov Dvir and Orenya Yofe‐Yanai
In recent years much research attention has focused on managers and entrepreneurs, but very few studies have compared the two. In the current exploratory study, 20 Israeli…
Abstract
In recent years much research attention has focused on managers and entrepreneurs, but very few studies have compared the two. In the current exploratory study, 20 Israeli entrepreneurs (that are the focus of great curiosity but little research) were compared to 47 managers and to a control group of 33 aspiring entrepreneurs. They were interviewed regarding traits of their father, mother, and self. Findings revealed a number of similarities (a similar commitment) as well as differences (entrepreneurs' greater love of challenge) between the managers and the entrepreneurs. Entrepreneurs also described themselves as having a greater sense of significance in their work. The question why managers and entrepreneurs are who they are is answered within a psychoanalytic‐existential framework that focuses on the managers' positive identification with their father and better relationship with both parents as compared to the entrepreneurs' negative identification with father and greater identification with work. Implications for treatment are suggested.
Ayala Malach‐Pines, Dov Dvir and Arik Sadeh
The purpose of this paper is to demonstrate the importance of a fit between project managers' (PMs) personalities and the “personalities” of their projects, for project success;…
Abstract
Purpose
The purpose of this paper is to demonstrate the importance of a fit between project managers' (PMs) personalities and the “personalities” of their projects, for project success; taking a psychological rather than a project management perspective.
Design/methodology/approach
In total, 289 Israeli PMs responded to a specially designed questionnaire that classified projects along three dimensions: Novelty, Complexity and Technological Uncertainty, analyses PM's personality traits that were identified as relevant to these dimensions and assessed the projects' success. It was hypothesized that the greater the PM‐P fit, the greater the projects' success.
Findings
Results supported the hypothesis: PMs whose personality profile was close to the ideal PM profile for a particular project type were more successful in impact on the customers, benefit to the organization and overall success.
Research limitations/implications
A cross‐sectional design and a self report measure.
Practical implications
The findings can be translated into recommendations for improving the fit between PMs and the projects assigned to them to increase project success.
Originality/value
The study extends Person‐Organization (P‐O) fit theory to the case of projects, viewing projects as temporary organizations. It also introduces to project management the psychological perspective on PM‐P fit and demonstrates its relevance.