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Managing the Continuum: Certainty, Uncertainty, Unpredictability in Large Engineering Projects (Paperback, 2013 ed.)
Loot Price: R1,833
Discovery Miles 18 330
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Managing the Continuum: Certainty, Uncertainty, Unpredictability in Large Engineering Projects (Paperback, 2013 ed.)
Series: SpringerBriefs in Applied Sciences and Technology
Expected to ship within 10 - 15 working days
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The brief will describe how to develop a risk analysis applied to a
project , through a sequence of steps: risk management planning,
risk identification, risk classification, risk assessment, risk
quantification, risk response planning, risk monitoring and
control, process close out and lessons learning. The project risk
analysis and management process will be applied to large
engineering projects, in particular related to the oil and gas
industry. The brief will address the overall range of possible
events affecting the project moving from certainty (project issues)
through uncertainty (project risks) to unpredictability
(unforeseeable events), considering both negative and positive
events. Some quantitative techniques (simulation, event tree,
Bayesian inference, etc.) will be used to develop risk
quantification. The brief addresses a typical subject in the area
of project management, with reference to large engineering projects
concerning the realization of large plants and infrastructures.
These projects are characterized by a high level of change,
uncertainty, complexity and ambiguity. The brief represents an
extension of the material developed for the course Project Risk
Analysis and Management of the Master in Strategic Project
Management (Erasmus Mundus) developed jointly by Politecnico di
Milano, Heriot Watt University (Edimburgh) and Umea (Sweden). The
brief may be used both in courses addressing project management
subjects and by practitioners as a guide for developing an
effective project risk management plan.
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