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Identifying and managing project risk : essential tools for failure-proofing your project / Tom Kendrick.

Third edition.

1 online resource.

Includes bibliographical references and index.

Machine generated contents note : ch. 1 Why Project Risk Management? -- Doomed Project -- Risk -- Opportunities and Risks -- Benefits of Project Risk Management -- Costs of Project Risk Management -- Project Risk Management Process -- Anatomy of a Failed Project: The First Panama Canal Project -- ch. 2 Planning for Risk Management -- Project Selection -- Overall Project Planning Processes -- Defining Risk Management for the Project -- Risk Management Infrastructure for the Organization -- PERIL Database -- Second Panama Canal Project: Sponsorship and Initiation (1902 -- 1904) -- ch. 3 Identifying Project Scope Risk -- Sources of Scope Risk -- Defining Deliverables -- High-Level Risk Assessment Tools -- Setting Limits -- Work Breakdown Structure -- Other Scope-Related Risks -- Documenting the Risks -- Panama Canal: Setting the Objective (1905 -- 1906) -- ch. 4 Identifying Project Schedule Risk -- Sources of Schedule Risk -- Activity Definition -- Estimating Activity Duration -- Activity Sequencing -- Documenting the Risks -- Panama Canal: Planning (1905 -- 1907) -- ch. 5 Identifying Project Resource Risk -- Sources of Resource Risk -- Resource Planning -- Staff Acquisition -- Outsourcing -- Effort Estimates Adjusted for Risk -- Cost Estimates, Budgets, and Risk -- Documenting the Risks -- Panama Canal: Resources (1905 -- 1907) -- ch. 6 Managing Project Constraints and Documenting Risks -- Analyzing Constraints -- Managing Opportunities -- Scope Modification -- Resource Modification -- Schedule Modification -- Assessing Options and Updating Plans -- Seeking Missing Risks -- Creating a Risk Register -- Panama Canal: Improving the Plan (1906) -- ch. 7 Quantifying and Analyzing Activity Risks -- Qualitative and Quantitative Risk Analysis -- Probability and Impact -- Qualitative Risk Assessment -- Quantitative Risk Assessment -- Panama Canal: Risks (1906 -- 1914) -- ch. 8 Managing Activity Risks -- Root Cause Analysis -- Categories of Risk -- Selecting Risks to Address -- Risk Response Planning -- Dealing with Risk Causes -- Implementing Preventative Ideas -- Dealing with Risk Effects -- Documenting Your Risk Plans and Risk Owners -- Managing a Specific Risk -- Bow Tie Analysis for Documenting Risk Responses -- Panama Canal: Risk Plans (1906 -- 1914) -- ch. 9 Quantifying and Analyzing Project Risk -- Project-Level Risk -- Aggregating Risk Responses -- Project Modeling and Simulations -- Integrated Schedule/Cost Assessment -- System Analysis -- Critical Chain Considerations -- Questionnaires and Surveys -- Analysis of Scale -- Project Appraisal -- Scenario Analysis -- Project Metrics -- Financial Metrics -- Panama Canal: Overall Risks (1907) -- ch. 10 Managing Project Risk -- Project Documentation Requirements -- Project Start-Up -- Selecting and Implementing Project Metrics -- Establishing Reserves and Managing for Contingency -- Project Baseline Negotiation -- Project Plan Validation -- Specification Change Control -- Panama Canal: Adjusting the Objective (1907) -- ch. 11 Monitoring and Controlling Risky Projects -- Don't Panic -- Applying the Plan -- Project Monitoring -- Collecting Project Status -- Metrics and Trend Analysis -- Responding to Issues -- Communication and Risk Reporting -- Project Archive -- Managing Risk Reserves -- Project Reviews and Risk Reassessment -- Taking Over a Troubled Project -- Panama Canal: Risk-Based Replanning (1908) -- ch. 12 Closing Projects -- Project Closure -- Project Retrospective Analysis -- Panama Canal: Completion (1914) -- ch. 13 Program, Portfolio, and Enterprise Risk Management -- Project Risk Management in Context -- Program Risk Management -- Portfolio Risk Management -- Enterprise Risk Management -- Panama Canal: Over the Years -- ch. 14 Conclusion -- Choosing to Act -- Managing Your Risks -- Panama Canal: The Twenty-First Century -- Appendix: Selected Detail from the PERIL Database -- Scope Risks -- Schedule Risks -- Resource Risks.

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. It is updated and consistent with the Risk Management Professional (RMP) certification and the Guide to the Project Management Body of Knowledge. -- Edited summary from book.

Print version : Kendrick, Tom. Identifying and managing project risk. 9780814436080

9780814436097 0814436099 9781680159165 168015916X