Risk management process impacted to the project performance in oil and gas industry at Kuala Lumpur

• Main Author: Fakhrul Razi, Rosli
• Format: Undergraduates Project Papers
• Language: English
• Published: 2014
• Subjects: HD61 Risk Management
• Online Access: http://umpir.ump.edu.my/id/eprint/10712/1/FIST%20-%20FAKJRUL%20RAZI%20BIN%20ROSLI%208.pdf; http://umpir.ump.edu.my/id/eprint/10712/

Oil and gas industry is the industry that yield profit to every nation. It will involves with various step of risk. This research study will is trying to study the relationship between the risk management processes with the project performance. This research will be conducted in Kuala Lumpur which is a hub for the management oil and gas organization. A questionnaire that contain of demographic section, personal information and any related question to the risk management that might give contribution to the project performance every employee know about. Every question will contribute to the hypothesis that already develop in the beginning of the research study. A total 100 questionnaire were distributed and about 80 are requiring representing the population of the research study. The questionnaire was distributed by using male that contain link to the online questionnaire that very helpful in collecting data. After a few week the data already collected. The first step is test the reliability of the questionnaire that answer by the respondent by using SPSS software. Next the first objective also using the SPSS software to rank the important step of the risk management process to the project performance. To determine the hypothesis, once again the SPSS software being used to determine the hypothesis accepted or rejected. The risk management process are very important in determine the project performance. In this research study, there is two indicator for project performance which is time and cost. The finding shows the relationship between risk management process with time and cost. The relationship can be negative or positive to the project performance