Managing Risk in Organizations: A Guide for Managers (Jossey-Bass Business & Management) [Hardcover]

J. Davidson Frame (Author)

Book Description

ISBN-10: 0787965189 | ISBN-13: 978-0787965181 | Publication Date: August 4, 2003 | Edition: 1

Managing Risk in Organizations offers a proven framework for handling risks across all types of organizations. In this comprehensive resource, David Frame—a leading expert in risk management—examines the risks routinely encountered in business, offers prescriptions to assess the effects of various risks, and shows how to develop effective strategies to cope with risks. In addition, the book is filled with practical tools and techniques used by professional risk practitioners that can be readily applied by project managers, financial managers, and any manager or consultant who deals with risk within an organization. Managing Risk in Organizations is filled with illustrative case studies and

• Outlines the various types of risk—pure, operational, project, technical, business, and political
• Reveals what risk management can and cannot accomplish
• Shows how to organize risk management efforts to conduct risk assessments, manage crises, and recover from disasters
• Includes a systematic risk management processrisk management planning, risk identification, qualitative impact analysis, quantitative impact analysis, risk response planning, and monitoring control
• Provides quantitative and qualitative tools to identify and handle risks

This much-needed book will enable organizations to take risk seriously and act proactively.

Editorial Reviews

From the Back Cover

Managing Risk in Organizations offers a proven framework for handling risks across all types of organizations. In this comprehensive resource, David Frame–a leading expert in risk management–examines the risks routinely encountered in business, offers prescriptions to assess the effects of various risks, and shows how to develop effective strategies to cope with risks. In addition, the book is filled with practical tools and techniques used by professional risk practitioners that can be readily applied by project managers, financial managers, and any manager or consultant who deals with risk within an organization. Managing Risk in Organizations is filled with illustrative case studies and

• Outlines the various types of risk–pure, operational, project, technical, business, and political
• Reveals what risk management can and cannot accomplish
• Shows how to organize risk management efforts to conduct risk assessments, manage crises, and recover from disasters
• Includes a systematic risk management process–risk management planning, risk identification, qualitative impact analysis, quantitative impact analysis, risk response planning, and monitoring control
• Provides quantitative and qualitative tools to identify and handle risks

This much-needed book will enable organizations to take risk seriously and act proactively.

About the Author

J. Davidson Frame is Dean of Academic Affairs at the University of Management and Technology (UMT) in Arlington, Virginia. Prior to joining UMT, he established the project management program at George Washington University. He also served as director of the Project Management Certification Program at the Project Management Institute (PMI) and has served on PMI’s board of directors. Frame has authored more than forty articles and seven books, including The New Project Management (2nd edition), Managing Projects in Organizations (3rd edition), and Project Management Competence, all from Jossey-Bass.

Product Details

• Hardcover: 288 pages
• Publisher: Jossey-Bass; 1 edition (August 4, 2003)
• Language: English
• ISBN-10: 0787965189
• ISBN-13: 978-0787965181
• Product Dimensions: 6.4 x 1 x 9.2 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
• Amazon Best Sellers Rank: #965,234 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Managing Risk in Organizations, January 23, 2012

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HLH - See all my reviews

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This review is from: Managing Risk in Organizations: A Guide for Managers (Jossey-Bass Business & Management) (Hardcover)

I have only started reading this book. It is a required reading for one of my Master level courses and so far, it is very interesting. It is a good read and I am I looking forward to learning a lot from this book.

5.0 out of 5 stars Outstanding product within prject management and managing risk., June 19, 2011

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PM-101 - See all my reviews

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This review is from: Managing Risk in Organizations: A Guide for Managers (Jossey-Bass Business & Management) (Hardcover)

Excellent resource for any manager. If you work within the world of project management this book is a must. This text was the primary sources of a management course I am taking and although I had an electronic version, I purchased the book in hard copy becuase I recognized its utility from a tactical and strategic perspective.

5.0 out of 5 stars Great information, July 30, 2009

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Ronald N. Goulden (Memphis, TN) - See all my reviews
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This review is from: Managing Risk in Organizations: A Guide for Managers (Jossey-Bass Business & Management) (Hardcover)

This is an excellent addition for any Project Management bookshelf. It clearly explains topics that are only mentioned in the PMBOK. The explanations and examples simplified the concepts of Monte Carlo Simulation and Expected Monetary Value (EMV). The book has a conversational tone and is easily understood. The examples, while simple, illustrate concepts in real-world terms. It also includes a section on quality and explains Control Charts simply and effectively.

This is a great book and will remain a permanent part of my library.