In Development Sector: A Case Of NGOs INGOs In Pakistan
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6. Conclusion
This research has been conducted with an aim to ind out the relaionship and impact of risk management techniques on project outcomes in development
sector of Pakistan. The main purpose has been to ind out the relaionship between these variables in Pakistani culture and to provide true and actual facts to the
management of the NGOs and INGOs in the development sector of Pakistan. An adapted model has been used and all the variables have been supported through
the latest literature. Reliability Analysis of this research have made it clear that the variables used are reliable and valid and the cronbach alpha values are as per
the acceptable range all around the world i.e. 0.7 or above.
The results of this study shows that among the four techniques, that are Shape and Miigate, Shit and Allocate, Inluence and Transfer and Diversify
through porfolios, the most signiicant technique is ITT, then comes the SMT, then DPT and inally the SAT. Moreover all the techniques are posiively related
to the project outcomes excewpt DPT. It is posiively related but is not signiicant showing the P-Value of 0.183. In accordance to the results when risks are
controllable Shape and Miigate strategy should be used. Whereas, when risks are out of control but speciic, Shit and Allocate should be used. When risks are
under control but poorly deined, Inluence and Transfer should be used. When risks are systemaic as well as broad and controllable, Diversify through porfolio
should be used.
Frequency distribuion has been checked through overall frequency analysis on the basis of demographic i.e. gender, age, qualiicaion, work experience,
department and organizaion for which the respondents are working for. It also elaborated the data clearly as how the respondents illed the quesionnaires.
The relaionship of variables has been both signiicant and non-signiicant in this study. Previous studies done on risk management techniques are case based
and lot of literary material has been explained by researchers in miscellaneous industries which are quanitaively analyzed in this study. Even though the
previous literature focused on real opions that are valuing the risks involved. This study focuses on the managerial techniques of risk management of idenifying,
shaping, and understanding these opions. As Value can be added and enhanced by crating opions for progressive choices and pracicing these opions in a
sensible way. Accordingly, it is essenial to seek projects which payofs under certain formal and technical condiions and project oicials can manage risks by
using appropriate management techniques in accordance to the extent of risk impact and its nature Roger and Lessard, 2001.
6.1 Limitaions and Future Recommendaions It is worthy for any research study to talk about it strong points and weak pointes.
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