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IPMA ITALY Journal of Applied Project Management
Volume 1 no. 3 (October 2015)
Structure risk specifically means “the interests of stakeholders and subject
possibility, impact, and degree of
management of uncertain external them to mutual supervision. This system
influencing on the performing the
governance roles responsibilities”. exposes information and data to
Structure risk, whose essence is all kinds
of uncertainties effecting network stakeholders about schedule, cost,
relationship’s stability, is the
complement of attribute risk. Structure quality and scope change according
risk can be divided into two kinds: one
can be called “relation risk” from the to relevant regulations in order to
standpoint of a certain stakeholder,
which distinguishes the reliability and make stakeholders full understand the
validity of him; the other one is called
“network risk” which distinguishes the situation of project. We should
reliability and validity of the whole
social network composed of strengthen construction of the system
stakeholder governance roles (Liu
Xingzhi,2011). Therefore, risk contains from completing the content,
two meanings, namely reliability and
validity. Reliability is related to regularizing the behavior of disclosure,
uncertainties and validity has a high
correlation with the success degree of reinforcing accountability
project management.
mechanisms, improving approaches
and other areas to achieve effective
disclosure of project operating
information. Our ultimate goal is not to
form the information disclosure, but to
play information disclosure’s full role in
supervision and early warning to make
stakeholders know more the true
information about project operation,
protect their own interests, reduce
project risk, and provide security to
achieve project objectives.
3.3.2 Information disclosure 3.3.3 Audit and control
During every stage of project life Project audit is a valid method in
cycle, project stakeholders engaging project governance. The fact of audit
are different. The activities acted by is evaluating whether the consignee
various stakeholders and the works under the convention, or
corresponding results are also comparing between “plan” and
different. This will cause asymmetric “actual work”. Project audit involves
information problem among three dimensions which contains audit
stakeholders. The asymmetric objective, audit organization and
information decrease reliability of audit factors. This system makes
project management. And what’s project governance audit work
worse, it will lead to conflicts among develop effectively to guarantee and
stakeholders to make project failure. supervise the undertaking of the
To solve the asymmetric information governance role relationships and
problem among stakeholders and provide much support for project
effectively control projects, the project success. Audit objective contains risk
information disclosure system should objective, efficiency objective and
be established. The project information compliance objective. Audit
disclosure system aims to guarantee organization mainly contains project
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