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Project Risk Governance - Managing Uncertainty and Creating Organisational Value (Paperback)
Loot Price: R1,499
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Project Risk Governance - Managing Uncertainty and Creating Organisational Value (Paperback)
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In Project Risk Governance, Dieter Fink breaks new ground in two
ways. Firstly, he places project risk management in the context of
today's organisations in which objectives are increasingly
implemented through projects to better respond to fast-changing
markets. Secondly, he applies a governance perspective to examine
project risk at the project and corporate levels, an approach which
is significantly under-researched and for which theoretical
knowledge and professional practice are at an early stage of
maturity. Project risk governance falls between corporate
governance and project governance and is attracting increasing
attention. The author argues that there are two reasons for this.
The first is the 'projectisation' of organisations, in particular
within organisations conforming to the Project-Based Organisation
(PBO) model. The second is the prevalence of a strategic approach
to managing risk for the purposes of protecting organisational
values and creating competitive advantage. The book addresses
governance, strategy, value management and building enterprise-wide
Project Risk Governance (PRG) capabilities. Chapters examine the
role of projects in organisations and the need to integrate project
and business strategy within the framework of the Project-Based
Organisation. PRG is introduced via its links with corporate and
project governance and its scope is covered in chapters that
identify relevant processes, structures and relationship
mechanisms. Contextual influences such as the professionalisation
of project management are recognised and insights provided to
increase readers' understanding of uncertainty, risk events, and
probabilities and of the essential requirements of managing risks
at project level. The final chapter provides a roadmap to the
stages and dimensions of a PRG maturity model.
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