Interscience Open Access Journals
The empirical investigation of actual practice and its contextual variability has helped better understand risk management practice. The results confirm some well-known assumptions about practices, but at the same time produced unexpected results that can stimulate the development of new practices adapted to highly uncertain contexts. It seems logical to assume that more risk management is necessary for example in large, international, complex, innovative, etc. environments. The empirical results confirm that project management practice of risk management conforms to these assumptions; practitioners use more risk management in such contexts.