Project Risk Management: An Essential Tool for Managing and Controling Projects

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A project is never without risks. An unforeseen problem or requirement can delay the whole process, causing havoc for everyone involved. Risk management is a structured form of risk control that unearths possible bottlenecks early and thus ensures that a project is both better managed and controlled. Project Risk Management is a practical and concise book that outlines a tried and tested approach that has been used successfully on a number of large projects. The book is broken down into two parts: Section 1 explores risk analysis and how to control risk Section 2 looks at putting these ideas into practice and how risk management can be implemented in different types of project and at different stages The book is written by experienced project risk managers and includes detailed case studies (including Euro 2000) which are used to illustrate the theory. About The Authors Daniella van Well-Stam has worked in risk analysis and risk management at Twynstra Gudde since 1995. Fianne Lindenaar has worked as a risk analysis specialist since 1997 and at the RISMAN Project Bureau since 1999. Suzanne van Kinderen is a project management consultant who specializes in risk management on infrastructure and industrial projects. Bouke van den Bunt has worked in building services at the Dutch Ministry of Public Works in the field of risk analysis and risk management. Table of Contents Why risk management? What is risk management? Risk management within a project-based approach Not just setbacks How to use this book Case studies Risk analysis Setting the objectives of the risk analysis Identify the risks Determine the most important risks Identify the control measures Determine the objective of risk management Case studies Performing a risk analysis Objective and desired result of the risk analysis The design of the risk analysis Activities involved in the risk analysis Time frame for applying a risk analysis Risk management Choosing control measures Implementing control measures Evaluating control measures Updating the risk analysis Performing risk management Objective and desired result of risk management The structure of risk management Information Activities involved in risk management Case studies Implementing risk management Implementation is a made-to-measure process Risk management: a learning curve Approach Case studies