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Risk Management: Concepts and Guidance (Paperback)

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4.0 out of 5 stars See all reviews (2 customer reviews)

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Editorial Reviews

Product Description

Risk Management: Concepts and Guidance, third edition, is an encyclopedia of risk management tools, practices and protocols. Its 35 tool-packed chapters cover the latest perspectives on risk, focusing on a systematic approach to risk management. It highlights specific techniques to enhance organizational risk identification, assessment and management, all within the project and program environments.

Product Details

Paperback: 340 pages
Publisher: E S I Intl; 2nd edition (November 1, 2001)
Language: English
ISBN-10: 1890367303
ISBN-13: 978-1890367305
Product Dimensions: 8.9 x 5.8 x 0.6 inches
Shipping Weight: 1 pounds

Average Customer Review: 4.0 out of 5 stars See all reviews (2 customer reviews)

Amazon.com Sales Rank: #658,153 in Books (See Bestsellers in Books)
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#95 in Books > Business & Investing > Industries & Professions > Insurance > Risk Management

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	73% buy the item featured on this page: Risk Management: Concepts and Guidance 4.0 out of 5 stars (2)
	26% buy Risk Managment: Concepts and Guidance, 3rd edition $43.02
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30 of 31 people found the following review helpful:

4.0 out of 5 stars A great blueprint for risk assessment and mitigation, June 21, 2000

By	D. LeVie, Jr. "Just another philosopher" (USA) - See all my reviews (REAL NAME)

This review is from: Risk Management: Concepts and Guidance (Paperback)

When I began my Project Management Professional certification through George Washington University and Motorola several years ago, one of the first courses I took was one dealing with project risk analysis and response. The text for the class was Risk Management: Concepts and Guidance, by Carl Pritchard, and has served as a blueprint for assessing and mitigating risk in many projects for which I was responsible.

Pritchard's emphasis is not on designing assessments and mitigation strategies for all circumstances, but on building useful information that can be applied toward a particular project situation. This book has a natural alignment with the principles and concepts of <<A Guide to the Project Management Body of Knowledge (PMBOK)>>, produced by the Project Management Institute's (PMI) Standards Committee. While the PMI identifies four phases of risk management, Pritchard adds a fifth phase upfront, called risk planning.

The book is divided into two major sections: Section 1 addresses risk processes and practices; Section 2 is concerned with specific risk management techniques. The four appendixes contain information on contractor risk management, list of risk sources, basic probability concepts, quantifying expert judgment, and special notes on software risk. The book concludes with a glossary of terms, bibliography, and index.

Of particular value in the book are the 50+ figures and tables that illustrate some of the more complex statistical/probability models used in risk assessment and mitigation. Each chapter follows a template that structures the same type of information. For example, each chapter in Section 2 contains the following subheadings:Technique Description; When Applicable; Input and Output; Major Steps in Applying the Technique; Use of Results; Resource Requirements; Reliability; Selection Criteria; Output; Summary

The 218-page book (softcover)is an easy read and a highly useful desk reference for any project manager concerned about planning for and mitigating risk to projects. My dog-eared, heavily highlighted copy has served me well over the past 3 years.

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25 of 27 people found the following review helpful:

4.0 out of 5 stars Excellent resource!, November 19, 1999

By A Customer

This review is from: Risk Management: Concepts and Guidance (Paperback)

I used this text as part of a Risk Management course, and I expect to use it in practice. It's an excellent resource for risk managment tools. Especially for quantifying financial risks.

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