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The Rules of Project Risk Management - Implementation Guidelines for Major Projects (Hardcover, 2nd edition)
Loot Price: R1,686
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The Rules of Project Risk Management - Implementation Guidelines for Major Projects (Hardcover, 2nd edition)
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The Rules of Project Risk Management, 2nd Edition, provides
practical experience-based guidance to support the delivery of
effective project risk management. While the discipline is
recognised as a major contributor to the successful outcome of
projects, its implementation is far from straightforward.
Successful delivery requires an in-depth understanding of the
"ingredients" of effective risk management practices which impact
project performance. The book's value is derived from the
description of these ingredients in a manner which will support
their practical implementation. The author describes a series of
guidelines (labelled "rules") to support the practical application
of project risk management to positively influence project
outcomes. The rules are supported by mini case studies of both
successful and unsuccessful projects to bring to life the
ramifications of effective and poor risk management respectively,
and are assembled under seven headings of environment, external
stakeholders, organisation and culture, leadership and governance,
internal stakeholders, risk resources and system. This second
edition contains a new glossary of terms and an overview of the
risk management process to enable those new to the subject to
understand the core risk management activities. It also contains
six more individual guidelines and ten more case studies to support
practitioners, researchers and academics alike to gain an even
greater appreciation of the drivers of successful project risk
management. Enabling the reader to "get inside" risk management to
gain an appreciation of the individual components and "how the
engine works", this book is essential reading for project and risk
management professionals. While the guidelines are described
individually so specific subjects can be examined in detail, they
must be considered together, for like a car, specialist
carburettors, fuel injection or high-octane fuel on their own do
not support improved performance. The guidelines can be considered
as the elements that should be taken into account when compiling a
risk maturity model to drive incremental improvement in risk
management practices.
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