Article ID Journal Published Year Pages File Type
1025853 International Journal of Information Management 2012 16 Pages PDF
Abstract

The purpose of this paper is to explore the field of Risk Management (RM) in relation with Knowledge Management (KM). It attempts to present a conceptual framework, called Knowledge-Based Risk Management (KBRM) that employs KM processes to improve its effectiveness and increase the probability of success in innovative Information Technology (IT) projects. It addresses initiatives towards employing KM processes in RM processes by reviewing, interpreting the related and relevant literature and sheds light on integration with RM in the IT project.The paper exposes some pertinent elements needed for building the KBRM framework for IT projects and also suggests some instrument about the integration of KM and RM process to improve the RRP (Risk Response Planning) process efficiency.This paper will contribute to the literature and practice by providing a clear method for employing KBRM as a framework to keep organizations competitive within the business environment.

► Relationship between Risk Management (RM) and Knowledge Management (KM). ► Employs KM processes by Knowledge-Based Risk Management (KBRM). ► Use of KM processes in RM processes. ► Integration with RM in the IT project. ► The RRP (Risk Response Planning) process efficiency.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Management Information Systems
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