Managing Risk in Construction Projects - Softcover

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9780632042432: Managing Risk in Construction Projects

Synopsis

Risk management provides a system by which project risks can be identified, assessed and managed. There are a number of texts on the theory of risk management and on individual risk techniques. This book is unique, however, in dealing with the practical implementation of risk analysis in project management decisions. The book is divided into five sections: (1) a description of risk management and decision-making in the context of a construction project; (2) the human dimension; (3) tools and techniques available to the risk analyst; (4) the problems of procurement and finance; and (5) the practical application of risk analysis, including the principles of risk modelling and simulation, together with two case studies. Written by a group of academics and practitioners, the book offers practical guidance for anyone faced with problems of project risk management in practice.

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About the Author

Nigel Smith is Professor of Transport Infrastructure & Project Management at the School of Civil Engineering, University of Leeds.

Tony Merna is a lecturer in Civil & Construction Engineering, School of Mechanical, Aerospace and Civil Engineering., University of Manchester.

Paul Jobling is a Senior Professional Associate and Project Director Risk Management at Parsons Brinckerhoff








From the Back Cover

This book explains the purpose and value of risk management and illustrates its application to a variety of engineering projects. It shows how the findings of risk analysis can be implemented in practical project management decision making.

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Other Popular Editions of the Same Title

9781118347232: Managing Risk in Construction Projects

Featured Edition

ISBN 10:  1118347234 ISBN 13:  9781118347232
Publisher: Wiley-Blackwell, 2014
Softcover