Integrated Risk Management Frameworks ISO 9001:2015 as a Successful Parameter in Project Management: The Case of Yamal Train 3 Project

Prastiwo Anggoro, Gatot Yudoko

2021

Abstract

Purpose: Managing Risk has become one of main concern in application of Project management. Risk could be mitigated, eliminated or even controlled, to do so as project manager require skills based on different approach or frameworks. In this paper we propose to integrate two major frameworks of managing risk, namely ISO 9001:2015 standard clause 6.1 and Project Management Book of Knowledge 6th edition. Design/Methodology/approach – An integrated framework is developed by analysing and synchronizing contributing factors of risks, including from internal organization or external organization, and performing qualitative measurement and obtaining expert judgement. The proposed framework is then applied to a construction project called Yamal Train 3 Project consist of 23 electrical house (E-house) and tight schedule within 17 months. Findings – The integrated risk management should identify risk factors in very early stage of construction sequence, register as ISO document and perform qualitative of risk effect onto project. Practical implications - The impact of application integrated risk management is organization has contingency reserve budget, utilize various resource to mitigate and lower down risk impact. Originality/Value – from conceptual point of view, this study aims at unifying an integrated Risk Management from two frameworks PM Bok 6th edition and ISO standard approach, while from the practical point of view, it provides application of the proposed framework on construction project by showing how business organization mitigate risk to obtain efficiency of cost and schedule achievable

Paper Citation

in Harvard Style

Anggoro P. and Yudoko G. (2021). Integrated Risk Management Frameworks ISO 9001:2015 as a Successful Parameter in Project Management: The Case of Yamal Train 3 Project. In Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS, ISBN 978-989-758-605-7, pages 26-31. DOI: 10.5220/0010861900003255

in Bibtex Style

@conference{icaess21,
author={Prastiwo Anggoro and Gatot Yudoko},
title={Integrated Risk Management Frameworks ISO 9001:2015 as a Successful Parameter in Project Management: The Case of Yamal Train 3 Project},
booktitle={Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,},
year={2021},
pages={26-31},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010861900003255},
isbn={978-989-758-605-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,
TI - Integrated Risk Management Frameworks ISO 9001:2015 as a Successful Parameter in Project Management: The Case of Yamal Train 3 Project
SN - 978-989-758-605-7
AU - Anggoro P.
AU - Yudoko G.
PY - 2021
SP - 26
EP - 31
DO - 10.5220/0010861900003255