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Identifying and Managing Project Risk : Essential Tools for Failure-Proofing Your Project

ISBN: 9780814413401 | 0814413404
Edition: 2nd
Format: Hardcover
Publisher: Amacom Books
Pub. Date: 2/18/2009

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SummaryTable of ContentsAuthor Biography
Winner of the Project Management Institute's David I. Cleland Project Management Literature Award 2010It's no wonder that project managers spend so much time focusing their attention on risk identification. Important projects tend to be time constrained, pose huge technical challenges, and suffer from a lack of adequate resources. Identifying and Managing Project Risk, now updated and consistent with the very latest Project Management Body of Knowledge (PMBOK) Guide, takes readers through every phase of a project, showing them how to consider t... MORE
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Acknowledgmentsp. vii
Why Project Risk Management?
The Doomed Project
Risk
Benefits and Uses of Risk Data
The Project Risk Management Process
Anatomy of a Failed Project: The First Panama Canal Projectp. 1
Planning for Risk Management
Project Selection
Overall Project Planning Processes
Defining Risk Management for the Project
The PERIL Database
A Second Panama Canal Project: Sponsorship and Initiation (1902-1904)p. 17
Identifying Project Scope Risk
Sources of Scope Risk
Defining Deliverables
High-Level Risk Assessment Tools
Setting Limits
Work Breakdown Structure (WBS)
Other Scope-Related Risks
Documenting the Risks
Panama Canal: Setting the Objective (1905-1906)p. 40
Identifying Project Schedule Risk
Sources of Schedule Risk
Activity Definition
Estimating Activity Duration
Activity Sequencing
Documenting the Risks
Panama Canal: Planning (1905-1907)p. 70
Identifying Project Resource Risk
Sources of Resource Risk
Resource Planning
Staff Acquisition
Outsourcing
Project-Level Estimates
Cost Estimating and cost Budgeting
Documenting the Risks
Panama Canal: Resources (1905-1907)p. 100
Managing Project Constraints and Documenting Risks
Analyzing Constraints
Managing Opportunities
Scope Modification
Resource Modification
Schedule Modification
Assessing Options and Updating Plans
Seeking Missing Risks
Documenting the Risks
Panama Canal: Improving the Plan (1906)p. 127
Quantifying and Analyzing Activity Risks
Quantitative and Qualitative Risk Analysis
Risk Probability
Risk Impact
Qualitative Risk Assessment
Quantitative Risk Assessment
Panama Canal: Risks (1906-1914)p. 149
Managing Activity Risks
Root-Cause Analysis
Categories of Risk
Risk Response Planning
Risk Avoidance
Risk Mitigation
Risk Transfer
Implementing Preventative Ideas
Contingency Planning
Risk Acceptance
Documenting Your Risk Plans
Managing A Specific Risk
Panama Canal: Risk Plans (1906-1914)p. 176
Quantifying and Analyzing Project Risks
Project-Level Risk
Aggregating Risk Responses
Questionnaires and Surveys
Project Simulation and Modeling
Analysis of Scale
Project Appraisal
Project Metrics
Financial Metrics
Panama Canal: Overall Risks (1907)p. 212
Managing Project Risk
Project Documentation Requirements
Project Start-Up
Selecting and Implementing Project Metrics
Management Reserve
Project Baseline Negotiation
Project Plan Validation
Specification Change Management
Panama Canal: Adjusting the Objective (1907)p. 251
Monitoring and Controlling Risky Projects
Don't Panic
Applying the Plan
Project Monitoring
Collecting Project Status
Metrics and Trend Analysis
Responding to Issues
Communication
Project Archive
Project Reviews and Risk Reassessment
Taking Over a Troubled Project
Panama Canal: Risk-Based Replanning (1908)p. 272
Closing Projects
Project Closure
Project Retrospective Analysis
Panama Canal: Completion (1914)p. 292
Program, Portfolio, and Enterprise Risk Management
Project Risk Management in Context
Program Risk Management
portfolio Risk Management
Enterprise Risk Management
Panama Canal: Over the Yearsp. 301
Conclusion
Choosing to Act
Panama Canal: The Next Projectp. 332
Appendix: Selected Detail from the PERIL Databasep. 339
Indexp. 349
Table of Contents provided by Ingram. All Rights Reserved.

Tom Kendrick (San Carlos, CA) is an internal project management consultant for Visa Inc., and the author of Results Without Authority (978-08144-7343-6). He has more than 30 years of project management experience, twelve of which were spent as a part of the Hewlett-Packard Project Management Initiative.



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