{"product_id":"identifying-and-managing-project-risk-essential-tools-for-failure-proofing-your-project-third-edition","title":"Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project Third Edition","description":"\u003cdiv class=\"a-fixed-left-grid\" data-mce-fragment=\"1\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-inner\" data-mce-fragment=\"1\"\u003e\n\u003cdiv id=\"ppdFixedGridRightColumn\" class=\"a-fixed-left-grid-col a-col-right\" data-mce-fragment=\"1\"\u003e\n\u003cdiv id=\"bookDescription_feature_div\" class=\"celwidget\" data-feature-name=\"bookDescription\" data-csa-c-id=\"nfw2zl-6ccvkj-5gdra7-j567wk\" data-cel-widget=\"bookDescription_feature_div\" data-mce-fragment=\"1\"\u003e\n\u003cdiv data-a-expander-name=\"book_description_expander\" data-a-expander-collapsed-height=\"140\" class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-mce-fragment=\"1\"\u003e\n\u003cdiv aria-expanded=\"false\" class=\"a-expander-content a-expander-partial-collapse-content\" data-mce-fragment=\"1\"\u003e\n\u003cdiv class=\"a-fixed-left-grid\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-inner\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-col a-col-right\" id=\"ppdFixedGridRightColumn\"\u003e\n\u003cdiv data-cel-widget=\"bookDescription_feature_div\" data-csa-c-id=\"4vgtxq-78pdsn-kxp11d-u92c92\" data-csa-c-is-in-initial-active-row=\"false\" data-csa-c-asin=\"1628251840\" data-csa-c-slot-id=\"bookDescription_feature_div\" data-csa-c-content-id=\"bookDescription\" data-csa-c-type=\"widget\" data-feature-name=\"bookDescription\" class=\"celwidget\" id=\"bookDescription_feature_div\"\u003e\n\u003cdiv class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-a-expander-collapsed-height=\"140\" data-a-expander-name=\"book_description_expander\"\u003e\n\u003cdiv class=\"a-expander-content a-expander-partial-collapse-content\" aria-expanded=\"false\"\u003e\n\u003cdiv data-cel-widget=\"bookDescription_feature_div\" data-csa-c-id=\"5zj7dm-mbbm28-drhxwo-w70jx1\" data-csa-c-is-in-initial-active-row=\"false\" data-csa-c-asin=\"\" data-csa-c-slot-id=\"bookDescription_feature_div\" data-csa-c-content-id=\"bookDescription\" data-csa-c-type=\"widget\" data-feature-name=\"bookDescription\" class=\"celwidget\" id=\"bookDescription_feature_div\"\u003e\n\u003cdiv class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-a-expander-collapsed-height=\"140\" data-a-expander-name=\"book_description_expander\"\u003e\n\u003cdiv class=\"a-expander-content a-expander-partial-collapse-content a-expander-content-expanded\" aria-expanded=\"true\"\u003e\n\u003cdiv id=\"bookDescriptionBox\" itemprop=\"reviewBody\"\u003e\n\u003cdiv id=\"bookDescriptionBox\" itemprop=\"reviewBody\"\u003e\n\u003cdiv id=\"bookDescriptionBox\" itemprop=\"reviewBody\"\u003e\n\u003cdiv class=\"a-fixed-left-grid\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-inner\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-col a-col-right\" id=\"ppdFixedGridRightColumn\"\u003e\n\u003cdiv data-cel-widget=\"bookDescription_feature_div\" data-csa-c-id=\"xkqwkx-xf0j40-arfexd-dz5j51\" data-csa-c-is-in-initial-active-row=\"false\" data-csa-c-asin=\"1628250690\" data-csa-c-slot-id=\"bookDescription_feature_div\" data-csa-c-content-id=\"bookDescription\" data-csa-c-type=\"widget\" data-feature-name=\"bookDescription\" class=\"celwidget\" id=\"bookDescription_feature_div\"\u003e\n\u003cdiv class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-a-expander-collapsed-height=\"140\" data-a-expander-name=\"book_description_expander\"\u003e\n\u003cdiv class=\"a-expander-content a-expander-partial-collapse-content\" aria-expanded=\"false\"\u003e\n\u003cdiv class=\"a-fixed-left-grid\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-inner\"\u003e\n\u003cdiv class=\"a-fixed-left-grid-col a-col-right\" id=\"ppdFixedGridRightColumn\"\u003e\n\u003cdiv data-cel-widget=\"bookDescription_feature_div\" data-csa-c-id=\"blwanr-25nlqm-sfcmem-2ipgry\" data-csa-c-is-in-initial-active-row=\"false\" data-csa-c-asin=\"1732055726\" data-csa-c-slot-id=\"bookDescription_feature_div\" data-csa-c-content-id=\"bookDescription\" data-csa-c-type=\"widget\" data-feature-name=\"bookDescription\" class=\"celwidget\" id=\"bookDescription_feature_div\"\u003e\n\u003cdiv class=\"a-expander-collapsed-height a-row a-expander-container a-spacing-base a-expander-partial-collapse-container\" data-a-expander-collapsed-height=\"140\" data-a-expander-name=\"book_description_expander\"\u003e\n\u003cdiv class=\"a-expander-content a-expander-partial-collapse-content\" aria-expanded=\"false\"\u003e\n\u003cp\u003e\u003cstrong\u003e\u003cspan class=\"a-text-bold\"\u003eThe most essential component of every project manager’s job is the ability to identify potential risks before they cause unnecessary headaches and turmoil all around.\u003c\/span\u003e\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAll projects are inherently risky, and complex ones can potentially be the downfall for even the most experienced project manager. From technical challenges and resource issues to unrealistic deadlines and problems with your subcontractors, any number of things can go wrong.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eFully updated and consistent with the Risk Management Professional (RMP) certification and the Guide to the Project Management Body of Knowledge (PMBOK®), this book remains the definitive resource for project managers seeking to be pro-active in their efforts to guard against failure and minimize unwanted surprises.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eFrom being able to draw on real-world situations and hundreds of examples of those who have gone before them, \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e will show you how to:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul class=\"a-unordered-list a-vertical\"\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003eUse high-level risk assessment tools\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003eImplement a system for monitoring and controlling projects\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003eProperly document every consideration\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003ePersonalize proven methods for project risk planning to fit their specific project\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003eComplete with fresh guidance on program risk management, qualitative and quantitative risk analysis, simulation and modeling, and significant “non-project” risks, this one-stop indispensable resource is what every project manager needs to eliminate surprises and keep their projects on task.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch3\u003e\u003cspan\u003eReview\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cp\u003e\u003cspan\u003e“Detailed, well-organized and comprehensive, \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eIdentifying and Managing Project Risk\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003etakes you through the planning, assessment and responses required for any kind of project of any size.” \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003e--\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eSoundview\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch3\u003e\u003cspan\u003eBook Description\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cp\u003e\u003cspan\u003eProjects—especially complex ones—are inherently risky. Between time constraints, technical challenges, and resource issues, things can easily go wrong—making the identification of potential risks an essential component of every project manager's job.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eFully updated and consistent with the Risk Management Professional (RMP) certification and the \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eGuide to the Project Management Body of Knowledge\u003c\/span\u003e\u003cspan\u003e (PMBOK®), \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e remains the definitive resource for project managers seeking to guard against failure.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDrawing on real-world situations and hundreds of examples, the book outlines the risk management process and provides proven methods for project risk planning. Readers will learn how to use high-level risk assessment tools, implement a system for monitoring and controlling projects, and properly document every consideration. Analyzing aspects such as project scope, available resources, and scheduling, the third edition also offers fresh guidance on program risk management, qualitative and quantitative risk analysis, simulation and modeling, and significant \"non-project\" risks.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThis practical book will help readers eliminate surprises and keep projects on track.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"a-expander-content a-expander-extend-content a-expander-content-expanded\" aria-expanded=\"true\"\u003e\n\u003ch3\u003e\u003cspan\u003eFrom the Inside Flap\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cp\u003e\u003cspan\u003eImportant projects tend to be time constrained, pose huge technical challenges, and suffer from a lack of adequate resources . . . which is why the identification of potential risks is an essential part of your job as a project manager. Things that can go wrong often do, so to plan for success, you need to have a thorough understanding of the risks inherent during every phase of the project life cycle.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDrawing on real-world situations and hundreds of examples, this book outlines the risk management process and provides proven methods for project risk planning. Long considered the definitive resource for project managers seeking to guard against failure—and now fully updated and consistent with the Risk Management Professional (RMP) certification and the Guide to the Project Management Body of Knowledge (PMBOK®)—\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e is the one book no project manager should be without.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eOutlining proven methods, demonstrating key ideas for project risk planning, and showing how to use high-level risk assessment tools, the book details what many once considered a truly impossible project—the building of the Panama Canal—to demonstrate key ideas in the risk management process. You’ll become familiar with essential concepts involved in project risk planning, with indispensable guidance on topics such as:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• The benefits and uses of risk data\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• Setting limits and defining deliverables\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• Procurement planning and source selection\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• Constraint management and risk discovery\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• Quantitative and qualitative analysis\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• Project simulation and modeling\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e• And much more\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book also contains sections on the different types of risk to consider when planning; cost estimating and budgeting; how to identify key issues associated with project metrics; Work Breakdown Structure (WBS); analysis of scale; and activity sequencing. You’ll learn how to properly document every possible consideration; implement a complete system for monitoring and controlling projects; and use high-level risk-assessment tools.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIn addition, the Third Edition moves beyond risk management basics such as insurance, financial, and investment portfolio risk to offer fresh, up-to-the-minute guidance on topics including program risk management, qualitative and quantitative risk analysis, simulation and modeling, significant “non-project” risks, and more.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eComplicated projects are inherently risky business. Fully updated and revised, the Third Edition of \u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e is the essential guide for avoiding surprises, and achieving incredible project success.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eTOM KENDRICK, PMP, has over 35 years of project and program experience, including senior positions with Hewlett-Packard and Visa. A respected author, he received PMI’s David I. Cleland Project Management Literature Award for the previous edition of this book. He is the Program Director for Project Management at UC Berkeley Extension.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch3\u003e\u003cspan\u003eFrom the Back Cover\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cp\u003e\u003cspan\u003eThe ultimate, most comprehensive resource on project risk management, \u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e gives you the methodology and expert advice you need to keep every project safely on track. Extensively revised, the Third Edition is once again consistent with the Guide to the Project Management Body of Knowledge (PMBOK®) and the Risk Management Professional (RMP) certification.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e takes you through every phase of a project, giving you dependable, repeatable techniques for considering all conceivable types of risk at any and every point in the process. Helping you eliminate surprises and transform risk into a variable you can manage and keep safely under control, the book provides you with the latest and best thinking on how to minimize risk and achieve incredible success.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"a-text-bold\"\u003eAdvance Praise for\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eIDENTIFYING and MANAGING PROJECT RISK, Third Edition\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e“\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e remains the foundation for every project risk management library. Tom Kendrick’s applications of real world events and how risk management relates to them makes the material both real and easy to understand. Most important, it readily shows readers how to deal with their own situations. A must-read for any serious project manager.”\u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e\u003cspan\u003e \u003c\/span\u003e— Craig D. Peterson, PMP, President, Risk Management Specific Interest Group\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e“Tom Kendrick’s book provides a useful model for managing project risks. It’s filled with valuable insights, illustrations, and rich examples that may be directly applied to readers’ own projects. Among my top recommendations.”\u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e\u003cspan\u003e \u003c\/span\u003e— Jan Birkelbach, MBA, PMP, Project Team Consultant\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e“Risk management is all about setting yourself up for success at the beginning of a project. Tom Kendrick’s book is an excellent reference to do just that—arming you with valuable and practical information.” \u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e— Laszlo A. Retfalvi, P.Eng. PMP PMI-RMP; Principal at Retfalvi and Associates; and author of\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003eThe Power of Project Management Leadership\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e“I have read and reviewed countless books for my graduate level Risk Management class, and Kendrick’s\u003c\/span\u003e\u003cspan class=\"a-text-bold a-text-italic\"\u003e\u003cspan\u003e \u003c\/span\u003eIdentifying and Managing Project Risk\u003cspan\u003e \u003c\/span\u003e\u003c\/span\u003e\u003cspan\u003ewas clearly the best available in print. The material is accessible for the inexperienced student, and thoroughly enjoyable and relevant for even the most experienced project manager.”\u003c\/span\u003e\u003cspan class=\"a-text-bold\"\u003e\u003cspan\u003e \u003c\/span\u003e— John J. Conard, Jr., Professor of the Practice, Project Management School of Engineering, Kansas University\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch3\u003e\u003cspan\u003eAbout the Author\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cp\u003e\u003cspan\u003eTom Kendrick the former Program Director for the project management curriculum at UC Berkeley Extension, and lives in the Bay area near San Francisco, California. He is a past award recipient of the Project Management Institute (PMI) David I. Cleland Project Management Literature Award for \"Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project\" (now in it's fourth edition).  Tom is also a certified PMP and serves as a volunteer for both the PMI Silicon Valley Chapter and PMI.org.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch3\u003e\u003cspan\u003eExcerpt. © Reprinted by permission. All rights reserved.\u003c\/span\u003e\u003c\/h3\u003e\n\u003cdiv class=\"a-section a-spacing-small a-padding-small\"\u003e\n\u003cp\u003e\u003cspan\u003eIntroduction\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eYour mission, Jim, should you decide to accept it ...\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eSo began every episode of the classic TV series Mission:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eImpossible, and what followed chronicled the execution of that week's\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eimpossible mission. The missions were seldom literally impossible,\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethough; careful planning, staffing, and use of the (seemingly unlimited)\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ebudget resulted in a satisfactory conclusion just before the deadline--\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethe final commercial.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eToday's projects should also probably arrive on a tape that \"will\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eself-destruct in five seconds.\" Compared with project work done in the\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003epast, current projects are more time constrained, pose greater technical\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003echallenges, and rarely seem to have enough resources. All of this\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eleads to increased project risk--culminating too often in the \"impossible\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eproject.\"\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAs a leader of complex projects, you need to know that techniques\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eexist to better deal with risk in projects like yours. Used effectively,\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethese processes will help you recognize and manage potential\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eproblems. Often, they can make the difference between a project that is\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003epossible and one that is impossible. This is what Identifying and\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eManaging Project Risk is about. Throughout this book, examples from\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003emodern projects show how to apply the ideas presented to meet the\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003echallenges you face. This is not a book of theories; it is based on data\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ecollected in the recent past from hundreds of complex projects worldwide.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eA database filled with this information, the Project Experience\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eRisk Information Library (PERIL), forms much of the foundation for\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethis book. These examples are used to identify sources of risk, and\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethey demonstrate practical responses that do not always resort to brute\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eforce.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe structure of the book also reflects the changes adopted in\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethe most recent edition of the Guide to the Project Management Body of\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eKnowledge (PMBOK® Guide) from the Project Management Institute\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e(PMI®, the professional society for project managers). The Risk section\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eof the PMBOK® Guide is one of the key areas tested on the Project\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eManagement Professional (PMP®) certification examination administered\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eby PMI. This book is also consistent with the PMI® Practice\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eStandard for Project Risk Management and the topics relevant to the PMI\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eRisk Management Professional (PMI-RMP®) Certification.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe first half of the book addresses risk identification, which\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003erelies heavily on thorough project definition and planning. The initial six\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003echapters show the value of these activities in uncovering sources of\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003erisk. The remainder of the book covers the assessment and management\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eof risk, at the detail (activity) level as well as at the project level\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eand above. These chapters cover methods for assessing identified\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003erisks, establishing an overall risk plan for the project, making project\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eadjustments, ongoing risk tracking, project closure, and the relationship\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ebetween project risk management and program, portfolio, and enterprise\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003erisk management.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eIt is especially easy on modern projects to convince yourself\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethat there is little to be learned from the past and that established ideas\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eand techniques \"no longer apply to my project.\" Tempting though it is\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eto wear these hindsight blinders, wise project managers realize that\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003etheir chances of success are always improved when they take full\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eadvantage of what has gone before. Neither project management in general\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003enor risk management in particular is all that new. Broad principles\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eand techniques for both have been successfully used for more than a\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ecentury. Even though many lessons can be learned from current projects\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e(as the PERIL database illustrates), there is also much to be\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eabsorbed from earlier work.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eAs a graphic reminder of this connection, each chapter in this\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ebook concludes with a short description of how some of the principles\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ediscussed relate to a very large historical project: the construction of\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ethe Panama Canal. Taking a moment every so often to consider this\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eremarkable feat of engineering reinforces the importance of good project\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003emanagement practices--and may provide some topical relief from\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ewhat can be occasionally dry subject matter.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eRisk in projects comes from many sources, including two that\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eare generally left out of even the better books on the subject: (1) the\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003einadequate application (or even discouragement) of project management\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003epractices and (2) the all too common situation of wildly aggressive\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eproject objectives that are established without the backing of any\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003erealistic plan. These risks are related because only through adequate\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eunderstanding of the work can you detect whether objectives are\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eimpossible, and only by using the information you develop can you\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ehope to do anything about it.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"a-text-italic\"\u003eIdentifying and Managing Project Risk\u003c\/span\u003e\u003cspan\u003e is intended to help leaders\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eof today's complex projects (and their managers) successfully deliver\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eon their commitments. Whether you develop products, provide services,\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ecreate information technology solutions, or deal with complexity in\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eother types of projects, you will find easy-to-follow, practical guidance\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eto improve your management of project risk, along with effective practices\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003efor aligning your projects with reality. You will learn how to succeed\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003ewith seemingly impossible projects by reducing your risks with\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eminimal incremental effort.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cp\u003e \u003cbr\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"Bookread","offers":[{"title":"PDF","offer_id":56754668601675,"sku":null,"price":29.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1031\/1204\/8971\/files\/71tVQBwheRL.jpg?v=1773063474","url":"https:\/\/bookread.io\/products\/identifying-and-managing-project-risk-essential-tools-for-failure-proofing-your-project-third-edition","provider":"bookread","version":"1.0","type":"link"}