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

Table of Contents

Partial table of contents: SETTING THE SCENE. Uncertainty, Risk, and Their Management. Implications of the Project Life Cycle. Motives for Formal Risk Management Processes. ELABORATING THE GENERIC PROCESS. Define the Project for Risk Management Purposes: The Define Phase. Focus the Risk Management Process: The Focus Phase. Develop the Analysis Structure: The Structure Phase. Manage the Project and Its Risk: The Manage Phase. MODIFYING THE GENERIC PROCESS. The Impact of Different Project Life Cycle Positions. Alternative Points of View: A Contractor Perspective. Selecting Short Cuts. Organising for Risk Management. References. Index.