Narratives of Project Risk Management: From Scientific Rationality to the Discursive Nature of Identity Work

Date

2022-12-01

Author

Green, Stuart D.
Dikmen Toker, İrem

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The dominant narrative of project risk management pays homage to scientific rationality while conceptualizing risk as objective fact. Yet doubts remain regarding the extent to which the advocated quantitative techniques are used in practice. An established counternarrative advocates the importance of intuition and subjective judgment. New insights are developed by conceptualizing risk as a narrative construct used for the purposes of identity work. Project-based practitioners are seen to mobilize resources from competing narratives to meet the transient expectations of those with whom they interact. Ultimately, they tend to emphasize approaches that sustain their ascribed identities as custodians of rationality.

Subject Keywords

project risk management, narrative, risk governance, uncertainty management, identity work, VALUE CREATION, CONSTRUCTION

URI

https://hdl.handle.net/11511/100635

Journal

PROJECT MANAGEMENT JOURNAL

DOI

https://doi.org/10.1177/87569728221124496

Collections

Department of Civil Engineering, Article

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Citation Formats

S. D. Green and İ. Dikmen Toker, “Narratives of Project Risk Management: From Scientific Rationality to the Discursive Nature of Identity Work,” PROJECT MANAGEMENT JOURNAL, vol. 53, no. 6, pp. 608–624, 2022, Accessed: 00, 2022. [Online]. Available: https://hdl.handle.net/11511/100635.