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http://dx.doi.org/10.7469/JKSQM.2022.50.1.63

A Study on the Effects of Risk Perception and Opportunism on the Project Performance  

Yoon, Chang Soo (Department of Project Management, Graduate School of Soongsil University)
Jo, Dong Hyuk (Department of Business Administration, Soongsil University)
Publication Information
Journal of Korean Society for Quality Management / v.50, no.1, 2022 , pp. 63-76 More about this Journal
Abstract
Purpose: The purpose of this study is to analyze the effects of risk perception and opportunistic behavior on project performance and the moderating effect of cooperation in this relationship through literature review to identify factors affecting the performance of large-scale nuclear power plant construction projects. Methods: This study conducted a survey on nuclear power plant construction project participants and verified the hypothesis using statistical methods. Results: The results of this study are as follows; First, risk perception appeared to have a positive effect on opportunistic behavior, and it was confirmed that opportunistic behavior among participating companies could occur even in nuclear power plant construction projects. Second, it has been proven that risk perception has a negative effect on project performance as suggested in previous studies. Third, in the relationship between opportunistic behavior and project performance, it was found that opportunistic behavior had a negative effect on project performance. Finally, cooperation was found to have a moderating effect on the relationship between performance risk and project performance. Conclusion: This study is a case of empirical analysis targeting nuclear power plant construction project workers, and provided a basis for reference in future related academic research and project implementation.
Keywords
Risk perception; Opportunism; Project Performance; Collaboration; Large Plant Construction Projects;
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