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Value and Risk Management: A Guide to Best Practice
 
 
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Value and Risk Management: A Guide to Best Practice [Paperback]

Michael F Dallas (Author)

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Book Description

140512069X 978-1405120692 December 15, 2011 1
Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances.

* Published on behalf of the Chartered Institute of Building with cross-industry institutional support
* Combines value and risk management which are often considered, wrongly, in isolation
* Makes a complicated subject accessible to a wide audience of construction practitioners
* Features checklists and proformas to aid implementation of best practice
* Author has extensive practical experience of the subject


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Editorial Reviews

Review

* 'essential reading for all those who want to add value and reduce uncertainty in their development and construction projects' - Peter Rogers, Chairman, Strategic Forum for Construction

'I feel that this book is so important .it is very well written in a clear and concise prose. Even battle-hardened risk and value managers like myself will benefit from revisiting best practice, refreshing our tools and techniques and gaining new insights to stretch ourselves.' QS News


'Countless practical examples and anecdotes, some of these pertaining to international projects. Their high number and frequent usage reflect the author's wealth of experience while substantiating the practicality of concepts....The book is an excellent resource and I recommend it.' CME Jan 2007

From the Back Cover

Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances.

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Inside This Book (learn more)
First Sentence:
Value and risk management enables organisations to succeed in the delivery of ambitious projects by defining their desired outcomes and then exercising processes that maximise value and minimise uncertainty. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
value driver model, anchor workshop, generic value drivers, project delivery team, value management study, risk management studies, risk allowance, most severe risks, value cascade, value management team, study team leader, value engineering study, study leader, risk register, risk management study, gateway reviews, partnering workshop, key value drivers, overall project duration, risk management programme, risk listing, stakeholder conference, project forms part, workshop briefing, workshop invitation
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United Kingdom, Re-thinking Construction, Monte Carlo, British Standard, Group Ltd, National Audit Office, Stuart Green, Turnbull Report, United States, Mike Thomas, Alan Harpham, Gerald Orman, North Sea, Sir Michael Latham
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