This chapter discusses the challenge imposed by the dispersed innovation that shifts toward replicating the positive traits of co-location and coupling it with the unique advantages of the global initiative. Key concepts in this chapter include project risk, risk pertinent to the innovative projects, importance of risk mitigation in innovative projects, different risk categorization involved in mitigating risk in innovative projects, risk mitigation planning, risk mitigation strategies in innovative projects, and risk evaluation and mitigation strategies (REMS) in various types of innovative projects including the lesson learnt from the innovative projects to handle project risk by adopting risk mitigation strategies.
Part of the book: Key Issues for Management of Innovative Projects
Leadership and organizational culture are linked to project performance. The culture of the organization exerts an influence on the leader and shapes the actions and competencies of the leader with the passage of time. For last few decades, project management has extensively been involved in management of projects but still projects are not guaranteed to be successful in various organizational environments. There are certain factors affecting management of projects in different situations where the competence of project leadership is one of the key factors. This chapter employed different keywords and methods for selection of articles synthesizing findings and research gaps of earlier studies. This chapter offers certain limitations and future directions for researchers. The outcomes of this chapter are expected to advance the body of knowledge and help the practitioners in the field of leadership and project management.
Part of the book: Organizational Culture