What are my chances of completing this project successfully? What could prevent me? How can I anticipate potential threats? These are the kinds of questions you are likely to ask yourself when you become responsible for an important project. And these are the kinds of question Reducing Project Risk will help you answer. Drawing on examples from a variety of business activities as well as on their own extensive experience, the authors propose a systematic approach to dealing with risk. They provide both a conceptual framework and the practical techniques for identifying, analysing and controlling risks of any type. Among other things you will learn: ¢ how to carry out an objective review of the factors involved ¢ how to recognize the warning signs so that you can head off trouble before it strikes ¢ how to take care of the 'people side' of project management. Here is a book that will be welcomed not just by professional project managers but by anyone using human and material resources to accomplish a complex task.
' …provides solid, practical, jargon-free advice on how to recognise the warning signs that could undermine a project and what to do about it. Warmly recommended.' Future Filter ' … an excellent introduction to risk management, particularly for newcomers to the subject … includes all they need to know to get started. … also contains some novel aspects of interest to the more experienced practitioner.' IEE Review ' … an excellent guide for project managers' Aslib Book Guide '… a useful addition to the project risk management literature. Its style is informal and easy to read … a worthwhile complement to anyone's risk management library.' International Journal of Project Management 'recommended to those requiring a practical introduction to the subject … there is much to admire about the book, not least of which is its clear and, in some cases, novel approach to what can sometimes be a very daunting and complex area … I can highly recommend this book as a practical introduction to risk management' IMIS Journal, December 1999
Contents: Part I Introduction to Risk Management: An overview; Project risk: origins and impacts; The psychology of risk management; Decision-making and risk management. Part II The Risk Management Process: Step one - risk identification; Step two - risk analysis; Step three - risk control; Step four - risk reporting. Part III Risk Management in Action: A case study. Part IV The Future of Risk Management: High risk in the new millennium. Appendices: A five-step process for conducting risk identification and analysis; Software; Common project management risks and their implications; Glossary; Recommended reading; Notes; Index.