New risk management standards revolutionize decision making for project success!
The article explores how different risk management standards address risk attitude in decision making. It looks at various methodologies like IRM, PMBOK, and PRINCE 2 to see how they handle risk attitude. The researchers discuss what risk attitude is, what influences it, and why it's crucial in decision making for managing risks effectively. They also provide insights on how to manage and deal with different risk attitudes in the context of risk management.