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Risk management in social projects

Klaus-Rosińska Agata, Karpowicz Małgorzata

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

2023

z. 169

421--437

Purpose: The purpose of this article is to propose risk management recommendations for social projects taking into account their specificities by analysing and evaluating the ways in which social project risks are managed in the literature and applied in practice. Design/methodology/approach: Both literature and empirical research have been used to provide an analysis of how risks of social projects are managed. The literature research, consisting of a literature review, will be contrasted with the results of the qualitative research carried out in the form of a single embedded case study. The result is a proposal in the field of project risk management for social projects. Findings: An analysis of the way in which social project risks are managed has made it possible to identify the interdependencies that exist in this area and to identify areas of social project risk management that are particularly in need of improvement. Research limitations/implications: The research is worth continuing by increasing the number of social project investigated in order to gain a broader perspective related to the risk management of social projects and to improve the proposed recommendations. Practical implications: The research led to the development of a diagram of the steps needed to be taken in social project risk management and how to automate it through the creation of a prototype project risk management tool. Social implications: The main aim of social projects is to achieve social change. This can take the form of creating new opportunities and spaces, resolving situations that hinder well-being and social development, as well as raising awareness and bringing about changes in the way society thinks. A prerequisite for the fulfilment of these objectives is the success of the project achieved through its correct implementation across all elements. One of these elements is effective and efficient risk management. Originality/value: The article expands on the number of studies related to social project risk management and draws attention to the very limited amount of literature slanting on this topic. In addition, it presents its own solutions for social project risk management.