Although risk management is an essential requisite for success of all endeavors, it is highly important to balance the risky contexts in the programmes for realizing the organizational gains and strategies. As the programmes remark a distinct locus in...
Although risk management is an essential requisite for success of all endeavors, it is highly important to balance the risky contexts in the programmes for realizing the organizational gains and strategies. As the programmes remark a distinct locus in the organizational hierarchy, they mandate adoption of precise risk management approaches. Telecommunication development programmes are risky and complex undertakings; consequently they obligate meticulous controls in order to be prosperous. This study seeks the implementation of a specialized programme risk management procedure for a large-scale development programme – the Next Generation Wireless Mobile Services programme – in Pakistan telecom market. The proposed procedure follows the standard risk management process in an organized way, utilizes certain decision tools, and attempts to balance the risks facing the programme. It demonstrates how some information gathering ideas together with the popular tools e.g. the Analytical Hierarchy Process, the As Low as Reasonably Practicable rationale and the Standard Deviation notions can be used for balancing the risky environs in the subject programme. The results present substantive improvement in the risk exposures of said telecom programme and authenticate the methodology offered. This approach can also be useful in managing risks in a variety of other (large-scale) programmes.