Attitudes to Risk in Petroleum Projects

The paper identifies common personality traits and attitudes to risk management for people in the petroleum industry. The research was conducted with the aid of a survey and was addressed to people who have participated in the delivery of petroleum projects, with fifty responses obtained. The questions in the survey were based on Jung's personality theory and risk decisions identified from previous projects. Using Jung's personality classification, it has been concluded that people who deliver petroleum projects are judgers (Relationship with the world), more extrovert than introvert (Focus on attention), more intuitive than sensing (Seeking of information), and finally more thinkers than feelers (Decision makers). The results also show that the respondents are aware of different forms of risk in a project and prefer not to introduce any form of risk to a project.