Open Access Journal Article

Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation

by Rasha A Waheeb a,*  and  Gary Cokins b
a
Reconstruction & Projects Department, University of Baghdad & NTNU, Baghdad, Iraq
b
Kellogg School of Management, Northwestern University Kellogg School of Management, Cary, NC, US
*
Author to whom correspondence should be addressed.
REA  2024 3(4):40; https://doi.org/10.58567/rea03040003
Received: 10 January 2024 / Accepted: 21 June 2024 / Published Online: 20 January 2025
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Abstract

Risk management strategies protect the company as a whole as well as employees from unexpected financial impacts. As is the case in personal finance, preparing for certain scenarios helps confront any difficulties the company may face and allows it to get out of this predicament. For any project to be successful, it must be determined how the agency implementing the project will deal with potential risks so that it can identify, mitigate or avoid problems when it needs to do so. Successful project managers realize the importance of risk management, because achieving project objectives depends on planning, preparation, results and evaluation that contribute to achieving strategic objectives, especially sustainable development of communities. To ensure the success of your project, determine how you will handle potential risks so that you can identify, mitigate, or avoid problems when you need to do so.

Keywords: Sustainable Development; Integrating; Risk Management; Performance Evaluation; Enterprise Performance Management;
Copyright: © 2025 by Waheeb and Cokins. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Waheeb, R. A.; Cokins, G. Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Review of Economic Assessment, 2024, 3, 40. https://doi.org/10.58567/rea03040003
AMA Style
Waheeb R A, Cokins G. Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Review of Economic Assessment; 2024, 3(4):40. https://doi.org/10.58567/rea03040003
Chicago/Turabian Style
Waheeb, Rasha A.; Cokins, Gary 2024. "Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation" Review of Economic Assessment 3, no.4:40. https://doi.org/10.58567/rea03040003
APA style
Waheeb, R. A., & Cokins, G. (2024). Achieve Sustainable Development of Projects by Integrating Good Risk Management and Performance Evaluation. Review of Economic Assessment, 3(4), 40. https://doi.org/10.58567/rea03040003

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