Project Risk Management Guidelines: Managing Risk With ISO 31000 and IEC 62198 - Couverture souple

Risk runs through the fabric of any project.  It is sointimately bound up in forecasting and decision making that itcannot be isolated or handled separately from other projectmanagement activities.  Success can only be achieved if riskmanagement is integrated closely with project management.

Over the past decade, developments in risk management methodsand standards have addressed the need to manage risk in a projectin an integrated manner.  This is a more natural way ofworking than past practices have been.  It has beneficialeffects on the practice of risk management and the way it isimplemented in projects.

This new edition of Project Risk Management Guidelines isfully updated to include the new international standards thatembody this principle, ISO 31000 Risk management and IEC62198 Managing risk in projects.  The book explains thestandards and how they can be applied.  It provides a clearintroduction to basic project risk management, introduces thereader to specialised areas of projects and procurement, and showshow quantitative risk analysis methods can be used in largeprojects.

Chapter by chapter, the authors present simple, practical stepsand illustrate them with examples drawn from their extensiveexperience around the world, in many different industry sectors andcultures and at all stages of projects from conception throughdevelopment and into execution. Qualitative and quantitativeapproaches are covered. Traditional structures and processes arediscussed as well as developments in the way projects areconducted, such as outsourcing arrangements and risk–sharingstructures like public private partnerships.

Improved outcomes can be achieved when sound risk management isused to capture opportunities and reduce threats. Its unique focusand wealth of checklists, tables and other resources make this bookan essential and enduring tool for anyone involved with projectwork.

This new edition of Project Risk Management Guidelineshas been fully updated to include the new international standards,ISO 31000 Risk management and IEC 62198 Managing risk inprojects.  The book explains the standards and how theycan be applied.  It provides a clear introduction to basicproject risk management, introduces the reader to specialized areasof projects and procurement, and shows how quantitative riskanalysis methods can be used in large projects.

Chapter by chapter, the authors present simple, practical stepsand illustrate them with examples drawn from their extensiveexperience from around the world, in many different industrysectors and cultures and at all stages of projects from conceptionthrough development and into execution. Qualitative andquantitative approaches are covered. Traditional structures andprocesses are discussed as well as developments in the way projectsare conducted, such as outsourcing arrangements and risk–sharingstructures like public private partnerships.

Improved outcomes can be achieved when sound risk management isused to capture opportunities and reduce threats. Its unique focusand wealth of checklists, tables and other resources make this bookan essential and enduring tool for anyone involved with projectwork.