This text aims to define the steps to effective risk management and helps readers create a viable risk management process, and to implement it on their specific project. It includes tips that will help implement risk management, including things to do and traps to avoid.

About the Author

Dr. Edmund H. Conrow is a risk management and project management consultant on hardware-intensive, software-intensive, and mixed projects, with life cycle dollar ranges from several million dollars to more than 100 billion dollars. He has developed risk management policy that is in widespread use across industry, government, and professional organizations, and has received numerous letters of commendation for his work. Dr. Conrow has served more than 20 times as a risk manager and mentor to risk managers where he was responsible on a daily basis for implementing and making risk management work on a wide variety of programs and proposals. His practice is focused on risk management, management strategy, cost as an independent variable, engineering design analysis, and technology assessment. He holds a B.S.N.E. and an M.S. in nuclear engineering; a M.Phil. in policy analysis; a Ph.D. in general engineering; and, a Ph.D. in policy analysis. Dr. Conrow is highly published in national journals and conferences, and his work has won awards at national conferences. He is a Certified Management Consultant (Institute of Management Consultants), a Certified Professional Consultant to Management (National Bureau of Certified Consultants), and a Project Management Professional (Project Management Institute).

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