Project Resilience in the Face of Crisis

University essay from Lunds universitet/Företagsekonomiska institutionen

Abstract: The purpose of this thesis is to explain and analyze the project resilience practices developed and demonstrated in project management during times of crisis, as well as to analyze the correlations of these practices with project success, both in the short and long term. This project is also part of the Swedish Project Review, a longitudinal study benchmarking trends and areas of improvement in project management in Sweden. The research for this study was conducted through a deductive approach, using a mono-method quantitative research design. To develop the hypotheses, the relevant determinants of project resilience were found through a review of the best available knowledge. The empirical data for this study was gathered through the use of a questionnaire distributed among professionals working in the field of project management from organizations of various revenues and industries in Sweden. The results support that the six determinants correlate positively with project resilience, both individually and integrated. A correlation was also found between project resilience and both short- and long-term project success. Additionally, it was found that the integrated determinants were correlated with both short- and long-term project success. On the basis of these results, it can be concluded that contingency planning, risk monitoring, flexibility, empowerment, communication clarity, and learning are indeed linked to project resilience and that integrating these practices is linked to project success in the short and long term.

  AT THIS PAGE YOU CAN DOWNLOAD THE WHOLE ESSAY. (follow the link to the next page)