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Books > Business & Economics > Business & management > Management & management techniques > Project management
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Systemic and Systematic Risk Management (Hardcover)
Loot Price: R4,168
Discovery Miles 41 680
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Systemic and Systematic Risk Management (Hardcover)
Expected to ship within 12 - 17 working days
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This book discusses risk management as it applies to
problem-solving for simple, complex and wicked problems faced by
policy creators and implementors, project managers and systems
engineers in the context of policies, large engineering projects
(LEPs), projects and systems. When applying systems thinking to
risk management, it can be seen that risk management applies to
almost every action taken in daily life. This book: Introduces the
systems approach of integrating risk management into policy
creation and implementation, project management and systems
engineering, such as the risk framework and the Firm Fixed Price
(FFP) contract with penalties and bonuses. Introduces a number of
out-of-the box concepts building on the application of the systems
thinking tools in the system thinker's toolbox. Points out that
integrating risk management into policy and project management and
systems engineering is just good management and engineering
practice. Discusses the flow of risk in a policy from creation
through implementation via LEPs and simpler projects, identifying
where risks arise and where they should be dealt with. Presents the
risks in the relationship between policy creation, implementation,
project management and systems engineering. Discusses risks
throughout the policy implementation process and shows how the
nature of risks changes from political to financial to
technological as implementation proceeds. Discusses managing
complexity and specifies the minimum number of elements in a system
for it to be defined as, and managed as, complex. Points out that
in most instances the traditionally ignored major implementation
risk is that of poor performance by personnel. Shows how to
proactively incorporate prevention into planning in order to
prevent risks, as well as how to mitigate them when they occur.
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