Project Risk Management: Processes, Techniques and Insights

In the estimating, planning, implementation and realisation of any project, large or small, an understanding of risk management is critical. The central aim of Project Risk Management is to set out the key issues and concepts involved in effective risk management in a clear and accessible way. The methodology is applicable to all kinds and all sizes of project, whether this warrants detailed, quantitative analysis or a "quick and dirty" approach using only qualitative analysis. Project Risk Management meets the growing need for a generic methodology employing a systematic approach to project risk management. A central concern of the authors is to provide a comprehensive discussion of risk management processes set firmly in the context of the project management task as a whole, with a view to improving project performance. Its emphasis is risk management rather than risk evaluation and it treats risk management as an "add in" (rather than as an "add on") to project management. Based on a sound conceptual foundation, developed to meet practical concerns, Project Risk Management is a clear, comprehensive guide relevant to anyone involved in managing a project. Project Management

This book argues that risk management is a key task for project managers in any project. It describes a methodology for a systematic approach to risk management and discusses project risk management in the context of the project management task as a whole. Examples illustrate issues, concepts, and methodologies.