Success in business depends on two broad management skills: 'doing
the right thing' (choosing the right projects) and 'doing things
right' (good project management). This book examines the challenges
that managers face in assessing the likely risks and benefits that
need to be taken into account when choosing projects. It then
explores the strategic level risks that will need to be dealt with
in managing those projects and suggests risk management strategies.
In so doing, it makes a rare but important link between strategic
level appraisal of project opportunities and project risk
management. Many projects have similar characteristics that are
common to a number of projects experienced by the same or other
organizations. Elaine Harris shows how the use of a project
typology can guide project risk management by identifying common
risks shared by projects of each type. Her cutting edge research
will help advanced project practitioners and researchers in
projects and risk management to develop a risk management strategy
that is better suited to the context of their projects and one that
is flexible enough to develop and adapt once the project decision
has been taken and the real-world of project management and
delivery begins.
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