The Psychology of Risk Management Avoidance in Project Management

The psychology of risk
management avoidance in
project management

ABSTRACT
Psychological risk is the possibility of the injury that has the nature of psychology for
and is of hazardous nature. For project management the psychology can impact the risk
management that will learn about the brain functions, development of human behaviour and
personal characteristics that are very important for a different range of risks. This relation is
experienced as the factor that arranges ways of avoiding minimized effects in the phenomenon
of risk management. Gaining knowledge can bring positive and confidence in the employee that
makes a psychological difference to the outcome of the projects. Risk management is very
important aspect for the company for being able to understand the importance of the course of
crucial important time.

Table of Contents
ABSTRACT.........................................................................................................................................
CHAPTER 4 : RESULTS AND DISCUSSION..................................................................................
Results..........................................................................................................................................4
Discussion..................................................................................................................................20
CHAPTER 5: CONCLUSION AND RECOMMENDATION..........................................................
Conclusion.................................................................................................................................23
Recommendation.......................................................................................................................24
REFERENCES...................................................................................................................................

CHAPTER 4 : RESULTS AND DISCUSSION
Results
Frequency Table
What is your age?
Frequency Percent Valid Percent Cumulative
Percent
Valid
<20 11 32.4 36.7 36.7
20-30 9 26.5 30.0 66.7
30-45 7 20.6 23.3 90.0
45+ 3 8.8 10.0 100.0
Total 30 88.2 100.0
Missing System 4 11.8
Total 34 100.0

The results from the above table indicate the age of the respondents that have taken part
in the survey. These results indicate that the majority respondents belonged from the age group
of less than twenty. It shows that in the project management people from a younger section of
group are more preferred for their job roles. In comparison to that of the people which are near
to their 40s. It indicates that the project has more energy however it runs a risk of lack of
experience that is present in the young people. Hence, the risk of psychological risk increases
for the ways in which they are able to analyses the operational management.
What is your gender?
Frequency Percent Valid Percent Cumulative
Percent
Valid Male 13 38.2 43.3 43.3
Female 17 50.0 56.7 100.0

Total 30 88.2 100.0
Missing System 4 11.8
Total 34 100.0
From the above frequency table, the number of male and female respondents has been
calculated. This shows that the study includes more female respondents in comparison to that of
the male. The reason for which could be due to the high level of discipline that the females
provides at their work which is very essential for the project management. As far as the
psychological factors are concerned it has been noticed that females are less flexible with their
feeling that might impact their behavior.
Are you aware of the psychological risks in project management?