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Books > Business & Economics > Business & management > Management & management techniques > Project management
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Managing Project Uncertainty (Paperback, New Ed)
Loot Price: R1,965
Discovery Miles 19 650
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Managing Project Uncertainty (Paperback, New Ed)
Series: Advances in Project Management
Expected to ship within 10 - 15 working days
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Dealing effectively with uncertainty requires today's project
manager to be familiar with a broad spectrum of strategies,
encompassing both 'hard' and 'soft' methods. This theme of unified
thinking (i.e. the need to selectively draw upon a wide range of
strategies in any given situation) will differentiate the book from
its contemporaries. By picking up where traditional risk management
techniques begin to fail, it brings together leading-edge thinking
from a variety of disciplines and shows how these techniques can be
used to conquer uncertainty in projects. The ability to make good
decisions when faced with uncertainty is the real challenge. It is
a universal truth that a decision is only as good as the
information it is based on. But good information is often hard to
come by, and all projects are vulnerable to the unknown and the
unknowable. Thus, uncertainty becomes the sworn enemy of the
project manager. Wherever we try to analyse, quantify, plan and
act, uncertainty lies in wait to surprise us with its ambiguity and
unpredictability. It lurks in every stage of the project lifecycle:
in the planning (how long will this really take?), the initiation
(this isn't the situation I expected!), the execution (who could
have foreseen that happening?), and even the completion of a
project (where are the expected benefits?). But managing
uncertainty is a lot more than just applying risk management
techniques. It requires a deep appreciation of how uncertainty
arises and, by recognising its different guises, the appropriate
strategies can be formulated. If we can learn how to reduce
uncertainty, we can make better management decisions and increase
the chances of the project succeeding. This book addresses five key
questions: c Why is there uncertainty in projects? c How do you
spot the symptoms of uncertainty, preferably at an early stage? c
What can be done to avoid uncertainty? c What strategies can be
used to deal with project uncertainty? c How can both the
individual and the organisation learn to cope more effectively in
the future? The reader is assumed to be a either a project
management professional, or a senior manager looking for ways to
improve project management strategy within their organisation. As
such, a foundation in project management basics is assumed,
although not essential. The book then builds on this by exposing
new ideas and concepts, and shows how these can be harnessed to
tackle uncertainty in its many guises.
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