Behavioral approach to project risk management

The subject of the study is the set of social and biological characteristics of the project participants that underlie the formation of behavioral competencies in the project management and its risks. The purpose of the article is to investigate the sources of behavioral risk formation in the project management process. Work methodology is a systematic approach to risk analysis and project risk management. Results of work. Identification of risk groups in accordance with the essence of the basic concepts of «risk», «project», «project management». The set of social and biological characteristics that underlie the behavioral competence of the project manager and team is identified. The influence of team members’ social and biological characteristics on project risk generalization is generalized. A system of risk prevention measures has been proposed. Conclusions. In the project activity, the main asset of the project is human capital, formed into a coherent system of competencies of the project manager and the team. The research question of the sources of occurrence of project implementation risks caused by the combination of different ratios of positive and negative social and biological characteristics in the project team and ways of managing such risks requires scientific development in view of their impact on the success of the project as a whole. The proposed approach to project risk management, based on the identification of the social and biological nature of team members and relevant sources of potential risks, allows for the formation of a risk prevention system and influence the success of the project in the initial stages of its implementation