The effects of risk management practices, risk behaviour on research and development project performance in UTM

Abstract

Risk management is being measured in audit process for Research University and public universities who are awarded autonomy in Malaysia. Risk behaviour is needed to minimize and prevent risks since it influences the project performance. Unfortunately, there were lacked of discussions about the specified risk management practices and effects of risk behaviour on R&D project in Malaysia. The aim of this research is to examine the effects of risk management practices and risk behaviour on R&D project performance. Quantitative method was practiced in this study with population of 850 R&D project leaders and sample size was 265 leaders. Data were obtained from 265 project leaders of research university grant (GUP) tier 1 and 2 projects, UTM. Unexpectedly, this study revealed that risk behaviour gives higher impact on R&D project performance compared to risk management practices. Hence, risk management practices and risk behaviour for R&D projects should not be neglected since both of them affect the R&D project performance.