Table 8 Top intangible risks and causal... | Emerald Publishing

Table 8

Top intangible risks and causal factors

P1 (feasibility/concept)	P2 (FEED)	P3 (execution)
Risks	Risks	Risks
– Finds reasons to avoid meaningful engagement – Wastes time and energy with personal risk management – Misses deadlines and opportunities because of excessive analysis – Revisits discussions and decisions often – Encourages individuals to firstly support their group or themselves	– Holds grudges – Finds reasons to avoid useful engagement – Misses deadlines and opportunities because of excessive analysis and delay – Is rarely proactive	– Finds reasons to avoid useful engagement – Fails to tap into all perspectives – Encourages second-guessing and distancing among team members – Refuses to bear an extra burden even to benefit OilCo
Causal factors	Causal factors	Causal factors
– Culture (punitive) – Ineffective decisions – Key stakeholder misalignment	– Lack of clear goals and objectives – Lack of active management support – Poorly defined roles and responsibilities – Inadequate or vague requirements (scope) – Ineffective communication	– Priorities not properly defined or agreed upon – Poorly defined roles and responsibilities (delegation of authority) – Key stakeholder misalignment – Inability to change or to accept change

P1 (feasibility/concept)	P2 (FEED)	P3 (execution)
Risks	Risks	Risks
– Finds reasons to avoid meaningful engagement – Wastes time and energy with personal risk management – Misses deadlines and opportunities because of excessive analysis – Revisits discussions and decisions often – Encourages individuals to firstly support their group or themselves	– Holds grudges – Finds reasons to avoid useful engagement – Misses deadlines and opportunities because of excessive analysis and delay – Is rarely proactive	– Finds reasons to avoid useful engagement – Fails to tap into all perspectives – Encourages second-guessing and distancing among team members – Refuses to bear an extra burden even to benefit OilCo
Causal factors	Causal factors	Causal factors
– Culture (punitive) – Ineffective decisions – Key stakeholder misalignment	– Lack of clear goals and objectives – Lack of active management support – Poorly defined roles and responsibilities – Inadequate or vague requirements (scope) – Ineffective communication	– Priorities not properly defined or agreed upon – Poorly defined roles and responsibilities (delegation of authority) – Key stakeholder misalignment – Inability to change or to accept change

Source(s): Authors' own work