Risk management – Jurnal Pengurusan

Impact of Project Manager Competencies and Risk Management on Project Success in China’s IT Industry: Mediating Role of Knowledge Management

asriwn — Wed, 02 Jul 2025 06:51:26 +0000

With the increasing reliance on project-based structures, project success (PS) is crucial in organizational growth, especially in IT industry. This study seeks to explore the impact of Project Manager Competencies (PMCs) and Risk Management (RM) on PS, with Knowledge Management (KM) as a mediating factor. The theoretical framework is grounding in Project Management theory and Critical Success Factors (CSF) theory, forming the basis for nine hypotheses. A self-administered questionnaire utilizing a five-point Likert scale was distributed to project managers of medium and large IT projects in China, and data were analyzed using CB-SEM in for model estimation and hypothesis testing, while SPSS was employed for preliminary data processing and regression analysis. Findings reveal that PMCs and RM demonstrate a significant positive effect on PS, with KM playing a partial mediating role, and all hypotheses were supported. This study contributes empirical insights to project management research, demonstrating the importance on the relationships among PMC, RM, and KM on PS. The findings offer practical guidance for top management and policymakers to enhance project outcomes by strengthening these key factors.

The Impacts of Knowledge, Attitude, Awareness and Organizational Commitment on Risk Management Effectiveness in Laboratories

asriwn — Sun, 05 Nov 2023 23:18:30 +0000

Whether medical, chemical, or nuclear, the laboratory presents inherent risks, which are further amplified by lab equipment usage. Ensuring laboratory safety in universities and research institutions is thus critical. Based on the knowledge, attitude, and practice model, this study examines how student knowledge, attitude, awareness, and organizational commitment impact the effectiveness of laboratory and workshop risk management. Survey data was collected from 251 engineering students from four southern Malaysian polytechnics and analyzed using partial least squares structural equation modeling (PLS-SEM). The findings reveal that knowledge, awareness, and organizational commitment significantly enhance risk management effectiveness, while attitude has no effect. These results emphasize the need for institutions to improve students’ risk management knowledge and awareness to fortify safety measures and risk management strategies against hazards on campus or in the community.

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The Role of Cybersecurity on the Performance of Malaysian Higher Education Institutions

asriwn — Fri, 31 Mar 2023 04:38:21 +0000

Cybersecurity, as a security management requirement, is essential to understanding data security in higher institutions. This study aims to explore the role of cybersecurity in the performance of Malaysian higher education institutions through semi-structured qualitative interviews with 10 cybersecurity risk management officers from 10 public universities. The data were analysed using thematic analysis to identify the themes and sub-themes that revealed the strengths and deficiencies of the current cybersecurity frameworks. Results showed that cybersecurity implementation is considered a successful innovation in Malaysian universities and has contributed to protecting the data of students and staff, which in turn allowed the universities to improve their reputation. This study contributed significantly to the understanding of the performance and applicability of cybersecurity in universities. It showed the efficient use of resources, identification and detection of risk exposures, and improved cybersecurity communication between the technical team and top management are essential for a good decision-making process.

Evaluation of Risk Management Practices in Information Systems Project in the Public Sector

syazwinaramjan — Wed, 12 Oct 2022 04:29:44 +0000

Risk has been identified as one of the important factors that influences the success of Information Systems projects. Poor risk management could pose a threat to project performance and outcome. Many risk management models and standards have been developed to assist project managers and teams to overcome or minimize the impact of project risk. Despite continuous attention and emphasis on the positive contributions of risk management to a project, risk management practices are relatively lacking and it have not been practiced in its entirety. Hence, this study intended to identify the level of risk management practice and its influencing factors in IS projects. A case study was carried out by adopting the risk management maturity model to evaluate the level of risk management practices in IS projects. Factors that influence risk management practices in IS projects were identified and validated by experts. The findings can be used as a guideline for improving and enhancing implementation of risk management in project development.

The Impact of Interest Rate Changes on the Islamic Foreign Exchange Forward in the Malaysian Derivative Market

Faris A181711 — Mon, 10 Oct 2022 08:09:36 +0000

Islamic foreign exchange forward plays a significant role to mitigate various foreign currency exchange risks. The main challenge that impedes the development and operation of the Islamic foreign exchange forward as a hedging instrument is the behaviour of relying on existing conventional framework with core conception of relying on interest rate and excessive risk taking. This study utilized monthly data from April 2004 to October 2017 of the Malaysian derivatives market. This study found that in the absence of an alternative profit-rate related benchmark and cross border activities, Islamic banks are constrained to use the interest rate benchmark. In the short run, both medium term (6-months) and longer term (12-months) tenures indicate faster speed of adjustment possibility due to higher trading volume and less demand for the medium term for the Islamic foreign exchange forward contract. It implies a need of the Islamic foreign exchange forward as a longer term hedging instrument and not for a short term speculation and risk-taking purposes, as prohibited by shariah.

The Effect of Enterprise Risk Management on Firm Value: Evidence from Malaysian Technology Firms

sufizulkarnain01 — Sat, 08 Oct 2022 17:06:24 +0000

This paper aims to examine the relationship between ERM and firm value in Malaysia. In the past literature, ERM had been argued to increase firm value but empirical evidence shows mixed and inconclusive results. Using sample from 2004 to 201 2, this paper furthers the analysis on the relationship between ERM and firm performance among technology firms in Malaysia. Indeed, technology industry is the fastest growing and a volatile industry, which requires continuous innovation. These make technology firms more prone to risk exposure. In analyzing this issue, dynamic panel data is employed to allow cross-sectional and time series analysis. Our results show that the implementation of ERM in the previous year has strong negative relationship with firm value at 1 percent significance level. It supports the argument that the effect of ERM is not immediately realized as well as entails high implementation cost. The findings provide useful input and insight in formulating new policy in relation to corporate governance, particularly ERM in Malaysia.

Model Pengurusan Risiko Perancangan Sistem Maklumat di Sektor Awam

syazahzwni — Sat, 08 Oct 2022 13:00:11 +0000

Information Systems (IS) development is susceptible to various risks. Most IS development projects failed to achieve their targeted aim due to over budget, overdue, and poor quality. Previous studies indicate that failure to manage and understand risk contribute to failure in IS development as risk is inevitable. Managing risk at the IS project inception is crucial, particularly in the planning phase of the System Development Life Cycle. Therefore, this study identified the risk factors in IS planning, their priority, and relative action strategy. The identified risk factors from the conceptual study were critically analysed and validated by experts in IS development within the public sector. The findings were illustrated in our proposed risk model for IS planning in public sector that can serves as a guideline for government agencies to manage risk

Risk Management in the Malaysian Public Private Partnership Projects

Nazira Adnan — Sat, 08 Oct 2022 07:26:14 +0000

The Malaysian government has been implementing Public Private Partnership (PPP) program since 1980s for infrastructure development. The literature shows that quite a number of PPP projects failed to achieve their objectives due to lack of risk management. Nonetheless, literature on risk management process for different type of PPP projects is lacking. In addition, the literature does not provide the robust measurements to study PPP risk management as a variable in the field of risk management. Therefore, this study aims to describe risk management practices for PPP projects in Malaysia. To facilitate the empirical research, the current study develops a set of items for describing PPP risk management processes by employing exploratory sequential research design. The findings show existence of some forms of risk management in PPP projects where the agreement and design concept form a vital role in risk management.

Impact of Foreign Currency Derivatives on Firm Performance: Evidence on Shari’ah and non-Shari’ah Compliant Firms

khairul23 — Fri, 07 Oct 2022 01:00:01 +0000

Hedging practices among Shari’ah compliant firms (ShC) are still not well explored and firms in Malaysia is very much lag behind in derivatives usage against firms in the developed countries. This study investigates the influence of financial derivatives usage on the value of Shari’ah and non-Shari’ah compliant firms (non-ShC) in Malaysia and compares the influence of derivatives usage on the value between the two categories of firms. To meet its objective, Generalized Method-of-Moment estimator (System-GMM) is employed on a set of panel data from 2000-2017. This study covers 200 firms engaged in derivatives which 59 firms are ShC firms and 141 are non-ShC firms. This study finds financial derivatives contribute positively to the value of Shari’ah compliant but negatively to the non-ShC firms. This study concludes that ShC performed better than its counterpart in risk management using derivatives. The findings enrich the current literature on the Islamic financial market and contribute to a better understanding relating to hedging activities. This study offers new evidence on risk management using derivatives in both Shari’ah and non-ShC firms and the importance of industrial diversification on firm value. This study suggests that the non-involvement in non-ShC firm’s activities contributes to the lower risk profile hence a more effective risk management of the Shari’ah compliant firms.