Project Risk Management : Essential Methods for Project Teams and Decision Makers

An easy to implement, practical, and proven risk management methodology for project managers and decision makers Drawing from the author's work with several major and mega capital projects for Royal Dutch Shell, TransCanada Pipelines, TransAlta, Access Pipeline, MEG Energy, and SNC-Lavalin, Project Risk Management: Essential Methods for Project Teams and Decision Makers reveals how to implement a consistent application of risk methods, including probabilistic methods. It is based on proven training materials, models, and tools developed by the author to make risk management plans accessible and easily implemented. Written by an experienced risk management professional Reveals essential risk management methods for project teams and decision makers Packed with training materials, models, and tools for project management professionals Risk Management has been identified as one of the nine content areas for Project Management Professional (PMP) certification. Yet, it remains an area that can get bogged down in the real world of project management. Practical and clearly written, Project Risk Management: Essential Methods for Project Teams and Decision Makers equips project managers and decision makers with a practical understanding of the basics of risk management as they apply to project management.

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Year of publication:	2013 ; 1st ed.
Authors:	Raydugin, Yuri
Publisher:	Somerset : John Wiley & Sons, Incorporated
Subject:	Risikomanagement \| Risk management \| Arbeitsgruppe \| Team \| Projektmanagement \| Project management

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Extent:	1 online resource (394 pages)
Series:	Wiley corporate F&A series Wiley Corporate F&a Ser
Type of publication:	Book / Working Paper
Language:	English
Notes:	Description based on publisher supplied metadata and other sources. Project Risk Management; Contents; Foreword; Preface; Acknowledgments; PART ONE Fundamental Uncertainty of a Project Outcome; CHAPTER ONE Nature of Project Uncertainties; PHASES OF PROJECT DEVELOPMENT AND PROJECT OBJECTIVES; QUEST FOR PREDICTABILITY OF PROJECT OUTCOME; SOURCES AND TYPES OF DEVIATIONS FROM PROJECT OBJECTIVES; KEY OBJECTS OF RISK (OR UNCERTAINTY) MANAGEMENT: DO WE REALLY KNOW WHAT WE TRY TO MANAGE?; UNCERTAINTY EXPOSURE CHANGERS; CONCLUSION; NOTES; CHAPTER TWO Main Components of a Risk Management System; RISK MANAGEMENT PLAN; ORGANIZATIONAL FRAMEWORK; RISK MANAGEMENT PROCESS Project ObjectivesSteps of the Risk Management Process; RISK MANAGEMENT TOOLS; Three Dimensions of the Risk Management and Uncertainty Repository Concept; Tools for Probabilistic Analyses; Tools for Cost Escalation and Currency Exchange Rate Modeling; CONCLUSION; NOTES; CHAPTER THREE Adequacy of Methods to Assess Project Uncertainties; REVIEW OF DETERMINISTIC QUALITATIVE (SCORING) METHODS; Scoring Assessment Method (Impacts on Multiple Project Objectives); Decision Tree Analysis with Controlled Options; REVIEW OF DETERMINISTIC QUANTITATIVE METHODS; Questionnaire-Based Cost Reserve Assessment Cost Escalation and Exchange Rate Uncertainty AssessmentProject Schedule PERT Analysis; REVIEW OF PROBABILISTIC QUALITATIVE METHODS; Expected (Mean) Value Cost Impact Assessment; Decision Tree Cost Analysis; REVIEW OF PROBABILISTIC QUANTITATIVE METHODS; Probabilistic Cost and Schedule Risk Analyses; Integrated Cost and Schedule Risk Analysis; CONCLUSION; NOTES; PART TWO Deterministic Methods; CHAPTER FOUR Uncertainty Identification; WHEN RISK MANAGEMENT BECOMES BORING; THREE DIMENSIONS OF RISK MANAGEMENT AND UNCERTAINTY IDENTIFICATION; RISK IDENTIFICATION WORKSHOPS SOURCES OF UNCERTAINTIES AND RISK BREAKDOWN STRUCTUREBOWTIE DIAGRAMS FOR UNCERTAINTY IDENTIFICATION; THREE-PART UNCERTAINTY NAMING; ROLE OF BIAS IN UNCERTAINTY IDENTIFICATION; ROOM FOR UNKNOWN UNKNOWNS; CONCLUSION; NOTES; CHAPTER FIVE Risk Assessment and Addressing; DEVELOPING A RISK ASSESSMENT MATRIX; USING A RISK ASSESSMENT MATRIX FOR ASSESSMENT AS‐IS; FIVE ADDRESSING STRATEGIES; ASSESSMENT AFTER ADDRESSING; PROJECT EXECUTION THROUGH RISK ADDRESSING (PETRA); ROLE OF BIAS IN UNCERTAINTY ASSESSMENT; CONCLUSION; NOTES; CHAPTER SIX Response Implementation and Monitoring MERGING RISK MANAGEMENT WITH TEAM WORK PLANSMONITOR AND APPRAISE; WHEN UNCERTAINTIES SHOULD BE CLOSED; WHEN SHOULD RESIDUAL UNCERTAINTIES BE ACCEPTED?; CONCLUSION; NOTE; CHAPTER SEVEN Risk Management Governance and Organizational Context; RISK MANAGEMENT DELIVERABLES FOR DECISION GATES; OWNERSHIP OF UNCERTAINTIES AND ADDRESSING ACTIONS; MANAGEMENT OF SUPERCRITICAL RISKS; RISK REVIEWS AND REPORTING; BIAS AND ORGANIZATIONAL CONTEXT; Internal Health Self-Checks; External Sanity Checks; Leadership Role of Risk Managers; CONCLUSION; NOTES; CHAPTER EIGHT Risk Management Tools THREE DIMENSIONS OF RISK MANAGEMENT AND STRUCTURE OF THE UNCERTAINTY REPOSITORY
ISBN:	978-1-118-74624-0 ; 978-1-118-48243-8
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012600698