Binding: Paperback
Description: Project success is an elusive goal in every business or technical domain. Project failure usually results from unhandled risks to the technical cost and schedule aspects of the project. There are four primary root causes of project failure. Unrealistic performance expectation with missing Measures of Effectiveness Unrealistic cost and schedule estimates based on inadequate risk adjusted growth models Inadequate assessment of risk and unmitigated exposure to these risks without proper handling strategies Unanticipated technical issues with alternative plans and solutions to maintain the effectiveness of the project processes and its deliverables Risk Management provides a comprehensive overview of the people principles processes and practices as the fundamental base upon which an effective risk management system resides. However this does not guarantee effective risk management and successful projects and businesses. The first half of the book describes risk management processes as well as a delineation between risk and hazards and how these are connected. The second half of the book provides industry examples of the approach to risk management in specific context and with specific approaches and artifacts where applicable. The book focuses on risks created by uncertainty their identification and the corrective and preventive actions needed to address these risks to increase the probability of project success. The book's goal is to provide a context - driven framework developing a foundation for a rational approach to risk management that makes adaptation to circumstances as easy as possible.
Title: Risk Management
Author(s): Quigley Jon M. (Co - Founder Value Transformation Llc Texas Usa)
Publisher: Taylor & Francis Ltd
Barcode: 9781032545646
Pages: 312 Pages, 19 Tables, Black And White; 52 Line Drawings, Black And White; 52 Illustrations, Black An
Publication Date: 3/15/2024
Category: Production & Quality Control Management