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Winner of the Project Management Institute’s David I. Cleland Project Management Literature Award 2010
It’s no wonder that project managers spend so much time focusing their attention on risk identification. Important projects tend to be time constrained, pose huge technical challenges, and suffer from a lack of adequate resources. Identifying and Managing Project Risk, now updated and consistent with the very latest Project Management Body of Knowledge (PMBOK)® Guide, takes readers through every phase of a project, showing them how to consider the possible risks involved at every point in the process.
Drawing on real-world situations and hundreds of examples, the book outlines proven methods, demonstrating key ideas for project risk planning and showing how to use high-level risk assessment tools. Analyzing aspects such as available resources, project scope, and scheduling, this new edition also explores the growing area of Enterprise Risk Management. Comprehensive and completely up-to-date, this book helps readers determine risk factors thoroughly and decisively…before a project gets derailed.
As a project manager, you know that complicated projects are inherently risky business. Between time constraints, technical challenges, and resource difficulties, things that can go wrong often do—which is why one of the most important parts of your job is considering the possible risks involved at every point in the process.
Fully updated and consistent with the very latest Guide to the Project Management Body of Knowledge (PMBOK® Guide), Identifying and Managing Project Risk takes you through every phase of a project, helping you guard against failure by improving and increasing your risk analysis capabilities.
The book outlines proven methods for project risk planning, drawing on real world situations and hundreds of examples—including what many once considered a truly impossible project, the Panama Canal—to demonstrate key ideas in the risk management process. You’ll learn how to use high level risk assessment tools, implement a complete system for monitoring and controlling projects, and properly document every possible consideration. The book contains sections on the different types of risk to consider when planning; how to identify key issues associated with project metrics; activity sequencing; Work Breakdown Structure (WBS); analysis of scale; and cost estimating and budgeting.
Identifying and Managing Project Risk outlines the essential concepts involved in project risk planning and provides indispensable details and advice on topics such as:
Analyzing aspects such as available resources, project scope, and scheduling, this new edition also explores the growing area of Enterprise Risk Management as well as other important new developments in the field.
This valuable resource moves beyond risk management basics involving insurance, financial, and investment portfolio risk to examine areas like information technology, software engineering, product development, and other high tech fields, giving you a well-rounded understanding of what goes into making project risk identification a crucial element of project management strategy.
Your ability to identify and manage project risk is necessary for the smooth and successful completion of all projects, regardless of size, type, or scope. This book will help you eliminate surprises and transform risk into a variable you can manage and keep safely under control. Comprehensive and completely up-to-date, Identifying and Managing Project Risk helps you determine risk factors thoroughly and decisively…before a project gets derailed.
Tom Kendrick, PMP, is an internal project management consultant for Visa Inc. and the author of Results Without Authority. He has more than 30 years of project management experience, 12 of which were spent as a part of the Hewlett-Packard Project Management Initiative. He lives in San Carlos, California.
I would recommend this book to all students are who learning in this field.
Kendrick provides tools for quantifying and analyzing risk at the project level as well as a chapter on managing project level risk.
I found the book well written, easy to read and follow and packed with a lot of good information.
I needed this for my Master's program. It was very informative and help explained different tools and techniques to give you a better understanding of project risk.Published 22 days ago by Somer
This is a wonderful book summarizing the authors lengthy PM experience and collection of over 600 cases of project failures. Read morePublished 4 months ago by John Schuyler
I purchased this book to use in a classroom setting. Will never purchase a textbook through the kindle app again without checking if page numbers are available.Published 4 months ago by Yummie Blac
This is a must read and to be kept on the shelf for future reference. I ordered this book for my class in learning about handling risks in a project. Read morePublished 6 months ago by Quills
The author actually knows what he's writing about from a practical level as well as theoretical, and even the "math" parts are not too obscure. Read morePublished 8 months ago by Genuine Redhead
An useful guide to accompany more formal study guides when preparing for the PMP. This book is also a good read for those involved in project management who'd like to think more... Read morePublished 11 months ago by Portajonk