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      Risk Management

      3 in stock

      Firm sale: non returnable item
      SKU 9781032545646 Categories ,
      Select Guide Rating
      The book starts with the prerequisites to be able to uncover and understand risks. It then presents six immutable principles, with their process and data needed to put these principles and processes to work for managing risk. Case studies of successful risk management let read...

      £48.99

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      Description

      Product ID:9781032545646
      Product Form:Paperback / softback
      Country of Manufacture:GB
      Title:Risk Management
      Authors:Author: Glen B. Alleman, Jon M. Quigley
      Page Count:312
      Subjects:Risk assessment, Risk assessment, Economics, Business strategy, Project management, Production and quality control management, Economics, Business strategy, Project management, Production & quality control management
      Description:Select Guide Rating
      The book starts with the prerequisites to be able to uncover and understand risks. It then presents six immutable principles, with their process and data needed to put these principles and processes to work for managing risk. Case studies of successful risk management let readers see how risk management works in practice.

      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.

      1. Unrealistic performance expectation, with missing Measures of Effectiveness
      2. Unrealistic cost and schedule estimates based on inadequate risk adjusted growth models
      3. Inadequate assessment of risk and unmitigated exposure to these risks without proper handling strategies
      4. 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.


      Imprint Name:Auerbach
      Publisher Name:Taylor & Francis Ltd
      Country of Publication:GB
      Publishing Date:2024-03-15

      Additional information

      Weight492 g
      Dimensions155 × 233 × 27 mm