The Owner's Role in Project Risk Management - Softcover

National Research Council; Division On Engineering And Physical Sciences; Board On Infrastructure And The Constructed Environment; Committee For Oversight And Assessment Of U.S. Department Of Energy Project Management

Softcover

ISBN 10: 0309095182 ISBN 13: 9780309095181

Publisher: National Academies Press, 2005

Synopsis

Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE’s risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study’s primary objective was to provide DOE project managers with a basic understanding of both the project owner’s risk management role and effective oversight of those risk management activities delegated to contractors.

Table of Contents

• Front Matter
• Executive Summary
• 1 Introduction
• 2 Owners' Roles and Responsibilities
• 3 Properties of Project Risks
• 4 Risk Identification and Analysis
• 5 Risk Mitigation
• 6 Contingency
• 7 Active Risk Management
• 8 Portfolio Risk Management
• 9 Conclusions
• References
• Appendix A: Biographies of Committee Members
• Appendix B: Statement of Task

About this title

About the Author

Committee for Oversight and Assessment of U.S. Department of Energy Project Management, National Research Council

Edition details

• Publisher: National Academies Press
• Publication date: 2005
• ISBN 10: 0309095182
• ISBN 13: 9780309095181
• Binding: Paperback
• Language: English
• Number of pages: 102