6th Edition

Risk Management Concepts and Guidance

502 Pages 48 B/W Illustrations

by Auerbach Publications

502 Pages 48 B/W Illustrations

by Auerbach Publications

502 Pages 48 B/W Illustrations

by Auerbach Publications

Also available as eBook on:

Taylor & Francis eBooks
(Institutional Purchase)Opens in new tab or window

Description

This new edition of Risk Management: Concepts and Guidance is a contemporary look at project risk while still covering well-established and time-proven practices. Integrating agile concepts with new chapters on artificial intelligence applications, the text breaks new ground on the need for project risk management in adaptive environments, as it remains focused on classic approaches and... Read more

This new edition of Risk Management: Concepts and Guidance is a contemporary look at project risk while still covering well-established and time-proven practices. Integrating agile concepts with new chapters on artificial intelligence applications, the text breaks new ground on the need for project risk management in adaptive environments, as it remains focused on classic approaches and applications. Taking a holistic approach, it examines risk as a blend of environmental, programmatic, and situational concerns. Supplying comprehensive coverage of risk management tools, practices, and protocols, the book presents powerful techniques that can enhance organizational risk identification, assessment, and management—all within the project and program environments.

Aligned with the seventh edition of the Project Management Institute’s A Guide to the Project Management Body of Knowledge (PMBOK^®Guide), the sixth edition of this classic text is an ideal resource for those seeking Project Management Professional (PMP^®) and Risk Management Professional (PMI-RMP^®) certifications. Emphasizing greater clarity on risk practice, this edition maintains a focus on the ability to apply "planned clairvoyance" to peer into the future.

The book begins by analyzing various systems that can be used to apply risk management. It provides a fundamental introduction to the basics associated with risk management techniques and clarifies essential concepts of risk and how they apply to projects. The second part of the book presents the specific techniques necessary to successfully implement the systems covered in the first part. The text addresses project risk management from the project manager’s perspective. Adopting the perspective that risk is both a threat and an opportunity, the book acknowledges that any effective risk management practice must look at the potential positive events that may befall a project, as well as the negatives.

Providing coverage of the concepts that many project management texts ignore, such as the risk response matrix and risk models, the book includes appendices filled with additional reference materials and supporting details that simplify some of the most complex aspects of risk management.

Read less

List of Figures
List of Tables
Preface
Author
Introduction

I. Risk Processes and Practices: Why Risk Management?
1. Risk Management Practices
2. Risk Concepts
3. The Risk Management Structure

II. Risk Management Techniques
4. Expert Interviews
5. Planning Meetings: The Risk Management Plan
6. Risk Practice Methodology
7. Documentation Reviews
8. Analogy Comparisons
9. Plan Evaluation
10. Delphi Technique
11. Brainstorming
12. Crawford Slip Method (CSM)
13. SWOT Analysis
14. Checklists
15. Risk Breakdown Structure
16. Root Cause Identification and Analysis
17. Risk Registers/Tables
18. Project Templates
19. Assumptions Analysis
20. Decision Analysis: Expected Monetary Value
21. Estimating Relationships
22. Network Analysis (Excluding PERT)
23. PERT
24. Other Diagramming Techniques
25. Rating Schemes
26. Urgency Assessment
27. Futures Thinking
28. Risk Modeling
29. Sensitivity Analysis
30. Monte Carlo Simulations
31. Risk Factors
32. Risk Response Matrix/Pugh Matrix
33. Performance Tracking and Technical Performance Measurement
34. Risk Reviews and Audits
35. Other Common Techniques
36. Applying Artificial Intelligence in Risk Identification
37. Applying Artificial Intelligence in Risk Response Application

Glossary.
Appendix A. Contractor Risk Management
Appendix B. An Abbreviated List of Risk Sources
Appendix C. Basic Probability Concepts
Appendix D. Quantifying Expert Judgment
Appendix E. Special Notes on Software Risk

Index

Author(s)

Biography

Carl Pritchard, PMI-RMP, PMP, is a thought leader in project risk management. Selected in 2019 as the “Best of the Best in Project Management” by the Project Management Institute, Carl has lectured around the globe on the joys of effectively identifying and managing risks. He has taught and consulted in project risk management for over 30 years, with clients ranging from the automotive industry to pharmaceuticals to government research. He is the author of ten texts, including three specifically focused on risk management and one addressing his journey as a Stage Four cancer patient. He is also a voiceover artist, recording audiobooks and on-line training experiences for his clients.

Add to Cart

Risk Management Concepts and Guidance

Description

Table of Contents

Author(s)

Biography

SOCIAL NETWORKS

Secure Shopping Payment Options