Identifying and Managing Project Risk (eBook)

Projects—especially complex ones—are inherently risky. Between time constraints, technical challenges, and resource issues, things can easily go wrong—making the identification of potential risks an essential component of every project manager's job.

Fully updated and consistent with the Risk Management Professional (RMP) certification and the Guide to the Project Management Body of Knowledge (PMBOK), Identifying and Managing Project Risk remains the definitive resource for project managers seeking to guard against failure.

Drawing on real-world situations and hundreds of examples, the book outlines the risk management process and provides proven methods for project risk planning. Readers will learn how to use high-level risk assessment tools, implement a system for monitoring and controlling projects, and properly document every consideration. Analyzing aspects such as project scope, available resources, and scheduling, the third edition also offers fresh guidance on program risk management, qualitative and quantitative risk analysis, simulation and modeling, and significant 'non-project' risks.

This practical book will help readers eliminate surprises and keep projects on track.

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The most essential component of every project manager's job is the ability to identify potential risks before they cause unnecessary headaches and turmoil all around.All projects are inherently risky, and complex ones can potentially be the downfall for even the most experienced project manager. From technical challenges and resource issues to unrealistic deadlines and problems with your subcontractors, any number of things can go wrong.Fully updated and consistent with the Risk Management Professional (RMP) certification and the Guide to the Project Management Body of Knowledge (PMBOK(R)), this book remains the definitive resource for project managers seeking to be pro-active in their efforts to guard against failure and minimize unwanted surprises.From being able to draw on real-world situations and hundreds of examples of those who have gone before them, Identifying and Managing Project Risk will show you how to:Use high-level risk assessment toolsImplement a system for monitoring and controlling projectsProperly document every considerationPersonalize proven methods for project risk planning to fit their specific projectComplete with fresh guidance on program risk management, qualitative and quantitative risk analysis, simulation and modeling, and significant ';non-project' risks, this one-stop indispensable resource is what every project manager needs to eliminate surprises and keep their projects on task.