Could you look at emerging research in project risk management mechanisms in detail and support statements with relevant literature? Could you provide references for the study?
a) One emerging research area in project risk management mechanisms is the use of artificial intelligence and machine learning to predict and mitigate risks. According to a study by Wang et al. (2019), AI and ML technologies can analyze large datasets to identify potential risks and develop proactive risk management strategies.

b) Another area of emerging research is the integration of blockchain technology in project risk management. Research by Hua et al. (2020) discusses how blockchain can enhance transparency and traceability of project risks, leading to more effective risk mitigation.

c) A third research area is the application of advanced data analytics and predictive modeling in project risk management. Wang and Li (2018) examine how predictive analytics can forecast project risks and inform decision-making in risk management.

d) Finally, there is growing interest in understanding the role of human factors and organizational culture in project risk management. Research by Shenhar et al. (2018) explores how cultural factors and human behaviors influence risk perception and management in projects.

References:
- Wang, L., et al. (2019). "Application of Artificial Intelligence in Project Risk Management." Procedia Computer Science, 163, 620-627.
- Hua, Y., et al. (2020). "Blockchain Technology in Project Risk Management: A Literature Review." Journal of Construction Engineering and Management, 146(5), 04020041.
- Wang, C., & Li, J. (2018). "Predictive Analytics in Project Risk Management." International Journal of Project Management, 36(6), 807-818.
- Shenhar, A., et al. (2018). "Culture and Risk Management in Projects." Project Management Journal, 49(4), 17-27.