{"product_id":"managing-project-risks-2nd-edition","title":"Managing Project Risks 2nd Edition,","description":"\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=\"nfw2zl-6ccvkj-5gdra7-j567wk\" 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=\"di4wvo-hs8tg-eiykfp-idnsvi\" data-csa-c-is-in-initial-active-row=\"false\" data-csa-c-asin=\"0357716760\" 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=\"280\" data-a-expander-name=\"book_description_expander\"\u003e\n\u003cdiv class=\"a-expander-content a-expander-partial-collapse-content\" data-expanded=\"false\"\u003e\n\u003cdiv class=\"expanded\" id=\"bookDescriptionBox\"\u003e\n\u003cp\u003e\u003cspan class=\"a-text-bold\"\u003eA comprehensive and highly practical overview of project risk management emphasising pragmatic solutions and user-friendly methods without advanced mathematical techniques\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"a-text-italic\"\u003eManaging Project Risks\u003c\/span\u003e\u003cspan\u003e provides a comprehensive treatment of project risk management, offering a systematic but easy-to-follow approach. This book explores critical topics that influence how risks are managed, but which are rarely found in other books, including risk knowledge management, cultural risk-shaping, project complexity, political risks, and strategic risk management.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThe book commences with foundational concepts, providing an overview of risk, project definitions, project stakeholders, and risk management systems. Subsequent chapters explore the core processes of project risk management, including risk identification, analysis, evaluation, response strategies, and risk monitoring and control. Additional topics include risk knowledge management, the influence of culture on risk, political risks in projects, and relevant software applications. Experienced readers may choose to navigate directly to the later chapters, which focus on strategic risk management and offer recommendations for planning, building, and maturing a project risk management system.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eThroughout, the authors impart a practical approach that does not rely on high level expertise or advanced mathematical techniques; the emphasis remains on pragmatic solutions, user-friendly techniques, and reliable communication, enabling readers to seamlessly integrate theory into practice.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eUpdates to the newly revised Second Edition of \u003c\/span\u003e\u003cspan class=\"a-text-italic\"\u003eManaging Project Risks\u003c\/span\u003e\u003cspan\u003e include:\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\u003eAdditional tools and techniques for risk identification and an expanded treatment of risk communication\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003eA new tool for early-stage project complexity assessment—the stage where uncertainties, and thus threat and opportunity risks, are at their highest level\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003eA more substantial treatment of planning for crisis response and disaster recovery, taking into consideration climate change and the increasingly prevalent impacts of severe weather phenomena\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan class=\"a-list-item\"\u003e\u003cspan\u003eMore information on strategic risk management, now including public and organizational policy development with respect to risks in projects\u003c\/span\u003e\u003c\/span\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan class=\"a-text-italic\"\u003eManaging Project Risks\u003c\/span\u003e\u003cspan\u003e is an essential resource for practitioners of project management across architecture, construction, engineering, and technology disciplines, for undergraduate and postgraduate students, and for public and private sector stakeholders involved in decision-making and policy development. It is useful wherever project-driven activities are undertaken.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cdiv class=\"aboutauthors-section\" id=\"aboutauthors-section\"\u003e\n\u003cdiv class=\"page-section\"\u003e\n\u003cdiv class=\"section-title collapsed\" data-toggle=\"collapse\"\u003eAbout the Author\u003c\/div\u003e\n\u003cdiv class=\"section-content collapsed\"\u003e\n\u003cp\u003e\u003cb\u003ePeter J. Edwards, PhD,\u003c\/b\u003e\u003cspan\u003e \u003c\/span\u003eis an Emeritus Professor at RMIT University in Melbourne, Australia and continues to be active in research and writing in his retirement.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003ePaulo Vaz Serra, PhD,\u003c\/b\u003e\u003cspan\u003e \u003c\/span\u003eis a civil engineer with more than 20 years of experience in the construction industry, public and private, and operational research and development in Europe. He is a Senior Lecturer at the University of Melbourne, Australia.\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eMichael Edwards, BSc,\u003c\/b\u003e\u003cspan\u003e \u003c\/span\u003ehas more than 20 years of experience initiating and managing projects in a large department of the Australian federal government.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"permissions-section\" id=\"permissions-section\"\u003e\n\u003cdiv class=\"page-section\"\u003e\n\u003cdiv class=\"section-content collapsed\"\u003e\n\u003cdiv class=\"permissions-content\"\u003e\u003c\/div\u003e\n\u003cdiv class=\"permissions-content\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"tableofcontents-section\" id=\"tableofcontents-section\"\u003e\n\u003cdiv class=\"page-section\"\u003e\n\u003cdiv class=\"section-title collapsed\" data-toggle=\"collapse\"\u003eTable of Contents\u003c\/div\u003e\n\u003cdiv class=\"section-content collapsed\"\u003e\n\u003cp\u003eAbout the Authors xvii\u003c\/p\u003e\n\u003cp\u003ePreface to the Second Edition xviii\u003c\/p\u003e\n\u003cp\u003ePreface to the First Edition xix\u003c\/p\u003e\n\u003cp\u003eAcknowledgments xxi\u003c\/p\u003e\n\u003cp\u003eGlossary of Terms xxii\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e1 Introduction 1\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e1.1 Introduction 1\u003c\/p\u003e\n\u003cp\u003e1.2 The Project Perspective 1\u003c\/p\u003e\n\u003cp\u003e1.3 The Project Stakeholder Perspective 2\u003c\/p\u003e\n\u003cp\u003e1.4 Overview of Contents 3\u003c\/p\u003e\n\u003cp\u003e1.5 Limitations Caveat 5\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e2 An Overview of Risk 7\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e2.1 Chapter Introduction 7\u003c\/p\u003e\n\u003cp\u003e2.2 Risk Definitions 7\u003c\/p\u003e\n\u003cp\u003e2.3 Threat and Opportunity 9\u003c\/p\u003e\n\u003cp\u003e2.4 Risk and Uncertainty 11\u003c\/p\u003e\n\u003cp\u003e2.4.1 Uncertainties in the Type of Risk Trigger Events 14\u003c\/p\u003e\n\u003cp\u003e2.4.2 Uncertainties in the Occurrence of Risk Events 14\u003c\/p\u003e\n\u003cp\u003e2.4.3 Uncertainties in the Period of Exposure to Risk Events 14\u003c\/p\u003e\n\u003cp\u003e2.4.4 Uncertainty in the Type of Consequences of Risk Events 15\u003c\/p\u003e\n\u003cp\u003e2.4.5 Uncertainty in the Magnitude of Risk Consequences 15\u003c\/p\u003e\n\u003cp\u003e2.4.6 Uncertainty in Periods of Exposure to Risk Consequences 16\u003c\/p\u003e\n\u003cp\u003e2.5 The Dynamic Nature of Risk 17\u003c\/p\u003e\n\u003cp\u003e2.6 Psychology and Perceptions of Risk 17\u003c\/p\u003e\n\u003cp\u003e2.7 Risk Awareness 18\u003c\/p\u003e\n\u003cp\u003e2.8 Classifying Risk 19\u003c\/p\u003e\n\u003cp\u003e2.8.1 A Generic Source Event Risk Classification System 20\u003c\/p\u003e\n\u003cp\u003e2.8.2 Natural Systems Risks 21\u003c\/p\u003e\n\u003cp\u003e2.8.3 Human Risks 22\u003c\/p\u003e\n\u003cp\u003e2.8.4 Risk Classification Based on Organisational Structure 25\u003c\/p\u003e\n\u003cp\u003e2.8.5 Risk Classification Based on Project Phases 26\u003c\/p\u003e\n\u003cp\u003e2.8.6 Customised Hybrid Approaches to Risk Classification 26\u003c\/p\u003e\n\u003cp\u003e2.8.7 Multisystem Risk Classification 28\u003c\/p\u003e\n\u003cp\u003e2.9 Risk Communication 28\u003c\/p\u003e\n\u003cp\u003e2.10 Chapter Summary 29\u003c\/p\u003e\n\u003cp\u003eReferences 30\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e3 Projects and Project Stakeholders 31\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e3.1 Introduction 31\u003c\/p\u003e\n\u003cp\u003e3.2 The Nature of Projects 31\u003c\/p\u003e\n\u003cp\u003e3.3 Project Objectives 32\u003c\/p\u003e\n\u003cp\u003e3.3.1 Procurement Objectives 33\u003c\/p\u003e\n\u003cp\u003e3.3.2 Operational Objectives 35\u003c\/p\u003e\n\u003cp\u003e3.3.3 Strategic Objectives 36\u003c\/p\u003e\n\u003cp\u003e3.4 Project Phases 39\u003c\/p\u003e\n\u003cp\u003e3.5 Composition of Projects 41\u003c\/p\u003e\n\u003cp\u003e3.6 Processes of Project Implementation 43\u003c\/p\u003e\n\u003cp\u003e3.6.1 IT Project Example 44\u003c\/p\u003e\n\u003cp\u003e3.6.2 Ideation and Concept Development 44\u003c\/p\u003e\n\u003cp\u003e3.6.3 Project Development Stage 45\u003c\/p\u003e\n\u003cp\u003e3.6.4 Project Deployment and Operation 46\u003c\/p\u003e\n\u003cp\u003e3.6.5 Operational Maintenance 46\u003c\/p\u003e\n\u003cp\u003e3.7 Organisational Structures for Projects 46\u003c\/p\u003e\n\u003cp\u003e3.8 Project Stakeholder Relationships 47\u003c\/p\u003e\n\u003cp\u003e3.9 Stakeholder Organisational Structures 55\u003c\/p\u003e\n\u003cp\u003e3.9.1 Simple Structures 55\u003c\/p\u003e\n\u003cp\u003e3.9.2 Machine Bureaucracies 55\u003c\/p\u003e\n\u003cp\u003e3.9.3 Professional Bureaucracies 57\u003c\/p\u003e\n\u003cp\u003e3.9.4 Divisionalised Forms 59\u003c\/p\u003e\n\u003cp\u003e3.9.5 Adhocracies 60\u003c\/p\u003e\n\u003cp\u003e3.10 Modes of Organisational Management 61\u003c\/p\u003e\n\u003cp\u003e3.11 Project Stakeholder Decision-Making 62\u003c\/p\u003e\n\u003cp\u003e3.12 ‘Risky’ Projects 66\u003c\/p\u003e\n\u003cp\u003e3.13 Chapter Summary 68\u003c\/p\u003e\n\u003cp\u003eReferences 68\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e4 Project Risk Management Systems and Frameworks 69\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e4.1 Chapter Introduction 69\u003c\/p\u003e\n\u003cp\u003e4.2 Risk Management 70\u003c\/p\u003e\n\u003cp\u003e4.3 Risk Management Systems 72\u003c\/p\u003e\n\u003cp\u003e4.4 Risk Management Standards and Guides 73\u003c\/p\u003e\n\u003cp\u003e4.5 A Cycle of Systematic Project Risk Management 75\u003c\/p\u003e\n\u003cp\u003e4.5.1 A: Establish the Context 77\u003c\/p\u003e\n\u003cp\u003e4.5.2 B 1 : Identify Risks 77\u003c\/p\u003e\n\u003cp\u003e4.5.3 B 2 : Analyse Risks 78\u003c\/p\u003e\n\u003cp\u003e4.5.4 B 3 : Evaluate Risks 78\u003c\/p\u003e\n\u003cp\u003e4.5.5 C: Respond to Risks 78\u003c\/p\u003e\n\u003cp\u003e4.5.6 D: Monitor and Control Risks 79\u003c\/p\u003e\n\u003cp\u003e4.5.7 E: Capture Project Risk Knowledge 79\u003c\/p\u003e\n\u003cp\u003e4.6 Project Stages and Risk Management Workshops 80\u003c\/p\u003e\n\u003cp\u003e4.6.1 Construction Project Example 80\u003c\/p\u003e\n\u003cp\u003e4.6.2 The DB Design-Bid Stage 82\u003c\/p\u003e\n\u003cp\u003e4.6.3 The DB Build Stage 83\u003c\/p\u003e\n\u003cp\u003e4.6.4 IT Project Example 84\u003c\/p\u003e\n\u003cp\u003e4.7 A Project Risk Register Template 86\u003c\/p\u003e\n\u003cp\u003e4.8 RMS Integration 89\u003c\/p\u003e\n\u003cp\u003e4.9 RM Governance and Responsibility 89\u003c\/p\u003e\n\u003cp\u003e4.10 Joint Venture RMS 89\u003c\/p\u003e\n\u003cp\u003e4.11 Project Client RM Requirements 90\u003c\/p\u003e\n\u003cp\u003e4.12 Chapter Summary 90\u003c\/p\u003e\n\u003cp\u003eReferences 91\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e5 Project Risk Contexts and Drivers 93\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e5.1 Chapter Introduction 93\u003c\/p\u003e\n\u003cp\u003e5.2 The Contextualising Process 94\u003c\/p\u003e\n\u003cp\u003e5.3 Internal Contexts as Risk Drivers 95\u003c\/p\u003e\n\u003cp\u003e5.4 External Contexts as Risk Drivers 97\u003c\/p\u003e\n\u003cp\u003e5.4.1 Physical Contexts 99\u003c\/p\u003e\n\u003cp\u003e5.4.2 Technical Contexts 100\u003c\/p\u003e\n\u003cp\u003e5.4.3 Economic Contexts 100\u003c\/p\u003e\n\u003cp\u003e5.4.4 Social Contexts 101\u003c\/p\u003e\n\u003cp\u003e5.5 Using Contextual Information 102\u003c\/p\u003e\n\u003cp\u003e5.6 Chapter Summary 104\u003c\/p\u003e\n\u003cp\u003eReference 104\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e6 Approach to Project Risk Identification 105\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e6.1 Chapter Introduction 105\u003c\/p\u003e\n\u003cp\u003e6.2 Approach to Risk Identification 106\u003c\/p\u003e\n\u003cp\u003e6.3 Workshop Timing 107\u003c\/p\u003e\n\u003cp\u003e6.4 Types of Risk Identification Techniques 112\u003c\/p\u003e\n\u003cp\u003e6.4.1 Activity-Related Techniques 114\u003c\/p\u003e\n\u003cp\u003e6.4.2 Analytical Techniques 114\u003c\/p\u003e\n\u003cp\u003e6.4.3 Associated Representative Techniques 115\u003c\/p\u003e\n\u003cp\u003e6.4.4 Functional Value-Related Technique 116\u003c\/p\u003e\n\u003cp\u003e6.4.5 Matrix Combinations 117\u003c\/p\u003e\n\u003cp\u003e6.4.6 Simulation or Visualisation Techniques 117\u003c\/p\u003e\n\u003cp\u003e6.4.7 Speculation Techniques 117\u003c\/p\u003e\n\u003cp\u003e6.4.8 Structural or Management Techniques 118\u003c\/p\u003e\n\u003cp\u003e6.5 Chapter Summary 119\u003c\/p\u003e\n\u003cp\u003eReference 119\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e7 Project Risk Identification Tools 121\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e7.1 Chapter Introduction 121\u003c\/p\u003e\n\u003cp\u003e7.2 Activity-Related Tools 122\u003c\/p\u003e\n\u003cp\u003e7.2.1 Work Breakdown Structures 122\u003c\/p\u003e\n\u003cp\u003e7.2.2 Bar Charts 126\u003c\/p\u003e\n\u003cp\u003e7.2.3 Critical Path Networks 127\u003c\/p\u003e\n\u003cp\u003e7.3 Analytical Tools 130\u003c\/p\u003e\n\u003cp\u003e7.3.1 Decision Tree Analysis 131\u003c\/p\u003e\n\u003cp\u003e7.3.2 Event Tree Analysis 133\u003c\/p\u003e\n\u003cp\u003e7.3.3 Fault Tree Analysis 134\u003c\/p\u003e\n\u003cp\u003e7.3.4 Failure Modes and Effects Criticality Analysis 135\u003c\/p\u003e\n\u003cp\u003e7.3.5 Hazard and Operability Studies (HAZOPS) 136\u003c\/p\u003e\n\u003cp\u003e7.3.6 Safety Hazard Analysis (SHA) 138\u003c\/p\u003e\n\u003cp\u003e7.4 Associated Representative Tools 141\u003c\/p\u003e\n\u003cp\u003e7.4.1 Contextualisation 141\u003c\/p\u003e\n\u003cp\u003e7.4.2 Checklists 142\u003c\/p\u003e\n\u003cp\u003e7.4.3 Financially Related Tools 144\u003c\/p\u003e\n\u003cp\u003e7.4.4 Procedural Manuals Tools 144\u003c\/p\u003e\n\u003cp\u003e7.4.5 Design\/Cost Related 148\u003c\/p\u003e\n\u003cp\u003e7.4.6 Risk Related 150\u003c\/p\u003e\n\u003cp\u003e7.5 Matrix Combinations Tools 152\u003c\/p\u003e\n\u003cp\u003e7.6 Simulation or Visualisation Tools 155\u003c\/p\u003e\n\u003cp\u003e7.7 Speculation Tools 157\u003c\/p\u003e\n\u003cp\u003e7.7.1 Scenario Testing 157\u003c\/p\u003e\n\u003cp\u003e7.7.2 Stress Testing 158\u003c\/p\u003e\n\u003cp\u003e7.8 Structural or Management Tools 159\u003c\/p\u003e\n\u003cp\u003e7.9 Risk Identification Statements 159\u003c\/p\u003e\n\u003cp\u003e7.10 Chapter Summary 162\u003c\/p\u003e\n\u003cp\u003eReferences 163\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e8 Project Risk Analysis and Evaluation 165\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e8.1 Chapter Introduction 165\u003c\/p\u003e\n\u003cp\u003e8.2 Qualitative Analysis 167\u003c\/p\u003e\n\u003cp\u003e8.3 Assessing Likelihood 168\u003c\/p\u003e\n\u003cp\u003e8.4 Assessing Impacts 171\u003c\/p\u003e\n\u003cp\u003e8.5 Evaluating Risk Severity 172\u003c\/p\u003e\n\u003cp\u003e8.6 Quantitative Analysis 175\u003c\/p\u003e\n\u003cp\u003e8.7 Risk Mapping 183\u003c\/p\u003e\n\u003cp\u003e8.8 Chapter Summary 184\u003c\/p\u003e\n\u003cp\u003eReference 186\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e9 Risk Response and Treatment Options 187\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e9.1 Chapter Introduction 187\u003c\/p\u003e\n\u003cp\u003e9.2 Risk Attitudes and Appetites 188\u003c\/p\u003e\n\u003cp\u003e9.3 Existing Risk Controls 191\u003c\/p\u003e\n\u003cp\u003e9.4 Risk Response Options 192\u003c\/p\u003e\n\u003cp\u003e9.4.1 Risk Avoidance 192\u003c\/p\u003e\n\u003cp\u003e9.4.2 Risk Transfer 194\u003c\/p\u003e\n\u003cp\u003e9.4.3 Risk Reduction and Retention 196\u003c\/p\u003e\n\u003cp\u003e9.4.4 Risk Retention 197\u003c\/p\u003e\n\u003cp\u003e9.4.5 Combination Responses to Risk 197\u003c\/p\u003e\n\u003cp\u003e9.5 Risk Treatment Options 198\u003c\/p\u003e\n\u003cp\u003e9.6 Risk Mitigation Principles 200\u003c\/p\u003e\n\u003cp\u003e9.7 Strategic use of ALARP 201\u003c\/p\u003e\n\u003cp\u003e9.8 Re-assessment 202\u003c\/p\u003e\n\u003cp\u003e9.9 Recording Decisions 202\u003c\/p\u003e\n\u003cp\u003e9.10 Chapter Summary 203\u003c\/p\u003e\n\u003cp\u003eReferences 203\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e10 Risk Monitoring and Control 205\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e10.1 Chapter Introduction 205\u003c\/p\u003e\n\u003cp\u003e10.2 Assigning Responsibility 206\u003c\/p\u003e\n\u003cp\u003e10.3 Monitoring Procedures 209\u003c\/p\u003e\n\u003cp\u003e10.3.1 Negligible Risks 210\u003c\/p\u003e\n\u003cp\u003e10.3.2 Low Risks 210\u003c\/p\u003e\n\u003cp\u003e10.3.3 Medium Risks 210\u003c\/p\u003e\n\u003cp\u003e10.3.4 High Risks 210\u003c\/p\u003e\n\u003cp\u003e10.3.5 Extreme Risks 211\u003c\/p\u003e\n\u003cp\u003e10.4 Control Measures 211\u003c\/p\u003e\n\u003cp\u003e10.4.1 Negligible Risks 212\u003c\/p\u003e\n\u003cp\u003e10.4.2 Low Risks 212\u003c\/p\u003e\n\u003cp\u003e10.4.3 Medium Risks 212\u003c\/p\u003e\n\u003cp\u003e10.4.4 High Risks 212\u003c\/p\u003e\n\u003cp\u003e10.4.5 Extreme Risks 212\u003c\/p\u003e\n\u003cp\u003e10.5 Reporting Processes 214\u003c\/p\u003e\n\u003cp\u003e10.6 Dealing with New Risks 215\u003c\/p\u003e\n\u003cp\u003e10.7 Disaster Planning and Recovery 215\u003c\/p\u003e\n\u003cp\u003e10.8 Capturing Project Risk Knowledge 216\u003c\/p\u003e\n\u003cp\u003e10.9 Chapter Summary 217\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e11 Project Risk Knowledge Management 219\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e11.1 Chapter Introduction 219\u003c\/p\u003e\n\u003cp\u003e11.2 Knowledge Definitions and Types 221\u003c\/p\u003e\n\u003cp\u003e11.2.1 Knowledge Transformation 221\u003c\/p\u003e\n\u003cp\u003e11.2.2 Types and Forms of Knowledge 223\u003c\/p\u003e\n\u003cp\u003e11.2.3 Organisational Culture and Knowledge Management 223\u003c\/p\u003e\n\u003cp\u003e11.3 The Knowledge Creation Cycle 224\u003c\/p\u003e\n\u003cp\u003e11.3.1 Stage 1 (Tacit to Tacit): Use and Validate 225\u003c\/p\u003e\n\u003cp\u003e11.3.2 Stage 2 (Tacit to Explicit): Identify and Capture 225\u003c\/p\u003e\n\u003cp\u003e11.3.3 Stage 3 (Explicit to Explicit): Codify and Store 225\u003c\/p\u003e\n\u003cp\u003e11.3.4 Stage 4 (Explicit to Tacit): Share and Update 226\u003c\/p\u003e\n\u003cp\u003e11.3.5 Using and Validating Knowledge 226\u003c\/p\u003e\n\u003cp\u003e11.3.6 Identifying and Capturing Knowledge 227\u003c\/p\u003e\n\u003cp\u003e11.3.7 Codifying and Storing Knowledge 228\u003c\/p\u003e\n\u003cp\u003e11.3.8 Sharing and Updating Knowledge 229\u003c\/p\u003e\n\u003cp\u003e11.4 Additional Issues of Organisational Culture 230\u003c\/p\u003e\n\u003cp\u003e11.4.1 KMS Alignment and Information Redundancy 231\u003c\/p\u003e\n\u003cp\u003e11.4.2 Tools and Techniques for Eliciting Risk Knowledge 231\u003c\/p\u003e\n\u003cp\u003e11.4.3 Brainstorming Sessions 233\u003c\/p\u003e\n\u003cp\u003e11.4.4 Storytelling 233\u003c\/p\u003e\n\u003cp\u003e11.4.5 Communities of Practice 233\u003c\/p\u003e\n\u003cp\u003e11.4.6 Networking 234\u003c\/p\u003e\n\u003cp\u003e11.4.7 Project Reviews, Project Debriefings and ‘Lessons Learned’ 234\u003c\/p\u003e\n\u003cp\u003e11.4.8 Mentoring and Apprenticeships 235\u003c\/p\u003e\n\u003cp\u003e11.4.9 Induction and Training Courses 235\u003c\/p\u003e\n\u003cp\u003e11.4.10 Workplace Design 235\u003c\/p\u003e\n\u003cp\u003e11.4.11 People Finders 235\u003c\/p\u003e\n\u003cp\u003e11.4.12 Intranets and IT Platforms 235\u003c\/p\u003e\n\u003cp\u003e11.4.13 Internet Search Engines and Alerting Services 236\u003c\/p\u003e\n\u003cp\u003e11.4.14 Organisational Culture 236\u003c\/p\u003e\n\u003cp\u003e11.4.15 PRMS-Related Tools 236\u003c\/p\u003e\n\u003cp\u003e11.4.16 Developing Organisational Risk Wisdom 237\u003c\/p\u003e\n\u003cp\u003e11.5 Project and ORR Architecture 237\u003c\/p\u003e\n\u003cp\u003e11.5.1 Capturing Project Risk Experiences 238\u003c\/p\u003e\n\u003cp\u003e11.5.2 PRRs 239\u003c\/p\u003e\n\u003cp\u003e11.5.3 Beyond the Project Level is the ORR 240\u003c\/p\u003e\n\u003cp\u003e11.6 Challenges for Implementing RKMSs 242\u003c\/p\u003e\n\u003cp\u003e11.6.1 Issues Relating to Knowledge Itself 242\u003c\/p\u003e\n\u003cp\u003e11.6.2 Storing, Accessing and Using Knowledge 242\u003c\/p\u003e\n\u003cp\u003e11.6.3 Knowledge System Development and Implementation Costs 243\u003c\/p\u003e\n\u003cp\u003e11.6.4 Concern with Financial Issues and Return on Investment 244\u003c\/p\u003e\n\u003cp\u003e11.6.5 Concern with Time Management and ‘Unproductive Tasks’ 244\u003c\/p\u003e\n\u003cp\u003e11.7 Communication and Risk Knowledge Management 246\u003c\/p\u003e\n\u003cp\u003e11.8 Ai 247\u003c\/p\u003e\n\u003cp\u003e11.9 Chapter Summary 249\u003c\/p\u003e\n\u003cp\u003eReferences 249\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e12 Cultural Shaping of Risk 251\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e12.1 Chapter Introduction 251\u003c\/p\u003e\n\u003cp\u003e12.2 Culture in Society 252\u003c\/p\u003e\n\u003cp\u003e12.3 Organisational Cultures 253\u003c\/p\u003e\n\u003cp\u003e12.3.1 Organisational Scans 256\u003c\/p\u003e\n\u003cp\u003e12.3.2 The Organisational Scanning Process 259\u003c\/p\u003e\n\u003cp\u003e12.4 External Cultures as Project Risk-Shapers 260\u003c\/p\u003e\n\u003cp\u003e12.4.1 Media Scans 260\u003c\/p\u003e\n\u003cp\u003e12.5 Organisational Cultures of Other Project Stakeholders 261\u003c\/p\u003e\n\u003cp\u003e12.6 Applying Cultural Shaping in Project Risk Management 262\u003c\/p\u003e\n\u003cp\u003e12.7 Chapter Summary 266\u003c\/p\u003e\n\u003cp\u003eReference 267\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e13 Project Complexity and Risk 269\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e13.1 Chapter Introduction 269\u003c\/p\u003e\n\u003cp\u003e13.2 The Concept of Complexity 269\u003c\/p\u003e\n\u003cp\u003e13.2.1 Differentiation 272\u003c\/p\u003e\n\u003cp\u003e13.2.2 Inter-dependency 274\u003c\/p\u003e\n\u003cp\u003e13.3 Relative Complexity 276\u003c\/p\u003e\n\u003cp\u003e13.4 Uncertainty and Project Complexity 278\u003c\/p\u003e\n\u003cp\u003e13.5 An Early-Stage Project Complexity Assessment Tool 280\u003c\/p\u003e\n\u003cp\u003e13.6 Identifying and Mapping Complexity 284\u003c\/p\u003e\n\u003cp\u003e13.7 Influence of Complexity on Risk Management 285\u003c\/p\u003e\n\u003cp\u003e13.8 Complexity and Mega-Projects 286\u003c\/p\u003e\n\u003cp\u003e13.9 Chapter Summary 288\u003c\/p\u003e\n\u003cp\u003eReferences 289\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e14 Political Risk 291\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e14.1 Chapter Introduction 291\u003c\/p\u003e\n\u003cp\u003e14.2 Political Spheres 293\u003c\/p\u003e\n\u003cp\u003e14.3 Dimensions of Political Risk Factors 293\u003c\/p\u003e\n\u003cp\u003e14.4 Examples of Political Risks 295\u003c\/p\u003e\n\u003cp\u003e14.5 Political Stakeholders 298\u003c\/p\u003e\n\u003cp\u003e14.6 Managing Political Risks 298\u003c\/p\u003e\n\u003cp\u003e14.6.1 Contextualising 298\u003c\/p\u003e\n\u003cp\u003e14.6.2 Identifying Political Risks 300\u003c\/p\u003e\n\u003cp\u003e14.6.3 Analysing and Assessing Political Risks 300\u003c\/p\u003e\n\u003cp\u003e14.6.4 Responding to Political Risks 301\u003c\/p\u003e\n\u003cp\u003e14.6.5 Monitoring and Controlling Political Risks 302\u003c\/p\u003e\n\u003cp\u003e14.6.6 Knowledge Capture 302\u003c\/p\u003e\n\u003cp\u003e14.6.7 In-House Political Risks 302\u003c\/p\u003e\n\u003cp\u003e14.7 More Extreme Political Threat Risks 303\u003c\/p\u003e\n\u003cp\u003e14.8 Professional Misconduct 304\u003c\/p\u003e\n\u003cp\u003e14.9 Corruption 305\u003c\/p\u003e\n\u003cp\u003e14.9.1 Conflict of Interest 308\u003c\/p\u003e\n\u003cp\u003e14.10 Chapter Summary 309\u003c\/p\u003e\n\u003cp\u003eReferences 310\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e15 Planning for Crisis Response and Disaster Recovery 313\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e15.1 Chapter Introduction 313\u003c\/p\u003e\n\u003cp\u003e15.1.1 Crisis 313\u003c\/p\u003e\n\u003cp\u003e15.1.2 Disaster 314\u003c\/p\u003e\n\u003cp\u003e15.2 Crises 314\u003c\/p\u003e\n\u003cp\u003e15.2.1 Snowy Hydro 2 Scheme 315\u003c\/p\u003e\n\u003cp\u003e15.2.2 COVID-19 Pandemic 316\u003c\/p\u003e\n\u003cp\u003e15.2.3 Australian Housing Crisis 318\u003c\/p\u003e\n\u003cp\u003e15.2.4 Australian Telco Crises 319\u003c\/p\u003e\n\u003cp\u003e15.3 Disasters 319\u003c\/p\u003e\n\u003cp\u003e15.3.1 Whakaari White Island Disaster 320\u003c\/p\u003e\n\u003cp\u003e15.3.2 Floods and Fires 321\u003c\/p\u003e\n\u003cp\u003e15.3.3 Asylum Seeker Disasters 321\u003c\/p\u003e\n\u003cp\u003e15.4 Planning for Crisis Response and Disaster Recovery 322\u003c\/p\u003e\n\u003cp\u003e15.4.1 Strategic Management 322\u003c\/p\u003e\n\u003cp\u003e15.4.2 Strategic Planning Management 325\u003c\/p\u003e\n\u003cp\u003e15.4.3 The Champlain Towers Disaster 325\u003c\/p\u003e\n\u003cp\u003e15.4.4 Leadership and Management Control 327\u003c\/p\u003e\n\u003cp\u003e15.4.5 Regulatory Environments 328\u003c\/p\u003e\n\u003cp\u003e15.4.6 Human Resource Management 329\u003c\/p\u003e\n\u003cp\u003e15.4.7 Resources Management 329\u003c\/p\u003e\n\u003cp\u003e15.4.8 Utilities and Services 330\u003c\/p\u003e\n\u003cp\u003e15.4.9 Security and Crime 331\u003c\/p\u003e\n\u003cp\u003e15.4.10 Health Services Management 332\u003c\/p\u003e\n\u003cp\u003e15.4.11 Environment 332\u003c\/p\u003e\n\u003cp\u003e15.4.12 Cross-border Co-operation and Management 332\u003c\/p\u003e\n\u003cp\u003e15.4.13 Communications Management 333\u003c\/p\u003e\n\u003cp\u003e15.5 Risk Management for Crisis Response and Disaster Recovery Planning 333\u003c\/p\u003e\n\u003cp\u003e15.6 Chapter Summary 334\u003c\/p\u003e\n\u003cp\u003eReferences 334\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e16 Opportunity Risk Management 335\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e16.1 Chapter Introduction 335\u003c\/p\u003e\n\u003cp\u003e16.2 Concept of Opportunity Risk 336\u003c\/p\u003e\n\u003cp\u003e16.3 Opportunity Risk in Projects 338\u003c\/p\u003e\n\u003cp\u003e16.4 Examples of Opportunity Risks 339\u003c\/p\u003e\n\u003cp\u003e16.4.1 IT Brand Product Personalisation Service 339\u003c\/p\u003e\n\u003cp\u003e16.4.2 Botanic Gardens Special Display Project 339\u003c\/p\u003e\n\u003cp\u003e16.4.3 Case Study A (PPP Correctional Facility) 340\u003c\/p\u003e\n\u003cp\u003e16.4.4 Case Study C (Aid-Funded Pacific Rim Island Civic Project) 340\u003c\/p\u003e\n\u003cp\u003e16.5 Managing Opportunity Risks 341\u003c\/p\u003e\n\u003cp\u003e16.5.1 Implications for Personnel 341\u003c\/p\u003e\n\u003cp\u003e16.5.1.1 SP1: Exchanging Ideas Too Early and Too Often Hinders Their Diversity and Potential to Innovate 342\u003c\/p\u003e\n\u003cp\u003e16.5.1.2 SP2: The Workplace Should Promote Absurdity 342\u003c\/p\u003e\n\u003cp\u003e16.5.1.3 SP4: Adversities Are Worth Keeping, Even Introduced, in the Workplace to Promote Innovation 343\u003c\/p\u003e\n\u003cp\u003e16.5.1.4 Artificial Intelligence (AI) 343\u003c\/p\u003e\n\u003cp\u003e16.5.1.5 Implications for the Project RMS 344\u003c\/p\u003e\n\u003cp\u003e16.5.1.6 Context Establishment 344\u003c\/p\u003e\n\u003cp\u003e16.5.1.7 Risk Identification 344\u003c\/p\u003e\n\u003cp\u003e16.5.1.8 Risk Statements 345\u003c\/p\u003e\n\u003cp\u003e16.5.1.9 Risk Analysis 345\u003c\/p\u003e\n\u003cp\u003e16.5.1.10 Risk Evaluation 346\u003c\/p\u003e\n\u003cp\u003e16.5.1.11 Risk Response 346\u003c\/p\u003e\n\u003cp\u003e16.5.1.12 Monitoring and Control 350\u003c\/p\u003e\n\u003cp\u003e16.5.1.13 Knowledge Capture 350\u003c\/p\u003e\n\u003cp\u003e16.6 Chapter Summary 350\u003c\/p\u003e\n\u003cp\u003eReferences 351\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e17 Strategic Risk Management 353\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e17.1 Chapter Introduction 353\u003c\/p\u003e\n\u003cp\u003e17.2 Strategic Issues for Project Risk Management 355\u003c\/p\u003e\n\u003cp\u003e17.2.1 Project Risk Management System (PRMS) Implementation 356\u003c\/p\u003e\n\u003cp\u003e17.2.2 System Separation\/Integration 358\u003c\/p\u003e\n\u003cp\u003e17.2.3 System Inception 359\u003c\/p\u003e\n\u003cp\u003e17.2.4 Initial System Application 359\u003c\/p\u003e\n\u003cp\u003e17.2.5 Roles and Responsibilities 360\u003c\/p\u003e\n\u003cp\u003e17.2.6 PRMS Process Approach 361\u003c\/p\u003e\n\u003cp\u003e17.2.7 Risk Knowledge Management 363\u003c\/p\u003e\n\u003cp\u003e17.2.8 PRMS Maintenance and Development 364\u003c\/p\u003e\n\u003cp\u003e17.2.9 Crisis Response and Disaster Preparedness 364\u003c\/p\u003e\n\u003cp\u003e17.3 PRMS Process Strategies 366\u003c\/p\u003e\n\u003cp\u003e17.3.1 Project Contextualisation 366\u003c\/p\u003e\n\u003cp\u003e17.3.2 Project Risk Identification Strategies 367\u003c\/p\u003e\n\u003cp\u003e17.3.3 Quantitative and Qualitative Risk Analysis Strategies 367\u003c\/p\u003e\n\u003cp\u003e17.3.4 Risk Response and Treatment Strategies 369\u003c\/p\u003e\n\u003cp\u003e17.3.5 Risk Monitoring and Control Strategies 369\u003c\/p\u003e\n\u003cp\u003e17.3.6 Risk Knowledge Capture Strategies 370\u003c\/p\u003e\n\u003cp\u003e17.4 Chapter Summary 370\u003c\/p\u003e\n\u003cp\u003eReferences 370\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e18 Planning, Building and Maturing a Project Risk Management System 371\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e18.1 Chapter Introduction 371\u003c\/p\u003e\n\u003cp\u003e18.2 PRMS Objectives 372\u003c\/p\u003e\n\u003cp\u003e18.3 Planning and Designing the PRMS 373\u003c\/p\u003e\n\u003cp\u003e18.3.1 Planning the PRMS 373\u003c\/p\u003e\n\u003cp\u003e18.3.2 Designing the System 374\u003c\/p\u003e\n\u003cp\u003e18.4 Risk Management Maturity 376\u003c\/p\u003e\n\u003cp\u003e18.4.1 Level 1 PRMS Maturity (Mostly Unaware) 376\u003c\/p\u003e\n\u003cp\u003e18.4.2 Level 2 PRMS Maturity (Starting) 377\u003c\/p\u003e\n\u003cp\u003e18.4.3 Level 3 PRMS Maturity (Growing) 379\u003c\/p\u003e\n\u003cp\u003e18.4.4 Level 4 RM Maturity (Maturing) 380\u003c\/p\u003e\n\u003cp\u003e18.5 Building the PRMS 382\u003c\/p\u003e\n\u003cp\u003e18.5.1 Organising the PRMS Project 382\u003c\/p\u003e\n\u003cp\u003e18.5.2 PRMS Specialists 382\u003c\/p\u003e\n\u003cp\u003e18.5.3 System-Building Tasks 383\u003c\/p\u003e\n\u003cp\u003e18.5.4 Component Testing 384\u003c\/p\u003e\n\u003cp\u003e18.5.5 PRMS Trials 385\u003c\/p\u003e\n\u003cp\u003e18.5.6 PRMS Roll-Out 385\u003c\/p\u003e\n\u003cp\u003e18.6 PRMS Performance Review and Improvement Cycle 386\u003c\/p\u003e\n\u003cp\u003e18.6.1 Review Criteria 387\u003c\/p\u003e\n\u003cp\u003e18.6.2 System Benchmarking 390\u003c\/p\u003e\n\u003cp\u003e18.6.3 Addressing System Decay 391\u003c\/p\u003e\n\u003cp\u003e18.6.4 Review Frequency 392\u003c\/p\u003e\n\u003cp\u003e18.7 Chapter Summary 392\u003c\/p\u003e\n\u003cp\u003eReferences 392\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e19 Computer Applications 395\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e19.1 Chapter Introduction 395\u003c\/p\u003e\n\u003cp\u003e19.2 PRMS Software Applications 396\u003c\/p\u003e\n\u003cp\u003e19.2.1 Tables and Matrices 396\u003c\/p\u003e\n\u003cp\u003e19.2.2 Spreadsheets 398\u003c\/p\u003e\n\u003cp\u003e19.2.3 Project Management Systems 400\u003c\/p\u003e\n\u003cp\u003e19.2.4 Bespoke RKMS 401\u003c\/p\u003e\n\u003cp\u003e19.3 Other Information Technologies and Tools 401\u003c\/p\u003e\n\u003cp\u003e19.3.1 Simulation Systems 401\u003c\/p\u003e\n\u003cp\u003e19.3.2 Smart Sensors 402\u003c\/p\u003e\n\u003cp\u003e19.3.3 Aerial Drones 402\u003c\/p\u003e\n\u003cp\u003e19.3.4 Building Information Modelling 403\u003c\/p\u003e\n\u003cp\u003e19.4 Chapter Summary 403\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e20 Communicating Risk 405\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e20.1 Chapter Introduction 405\u003c\/p\u003e\n\u003cp\u003e20.2 Communication Theory and Models 406\u003c\/p\u003e\n\u003cp\u003e20.2.1 Other Theory Elements of the Model 406\u003c\/p\u003e\n\u003cp\u003e20.2.2 Processes in the Model 408\u003c\/p\u003e\n\u003cp\u003e20.3 Components in the Communication Process 409\u003c\/p\u003e\n\u003cp\u003e20.3.1 Senders 409\u003c\/p\u003e\n\u003cp\u003e20.3.2 Receivers 409\u003c\/p\u003e\n\u003cp\u003e20.3.3 Messages 409\u003c\/p\u003e\n\u003cp\u003e20.3.4 Media 410\u003c\/p\u003e\n\u003cp\u003e20.3.5 Channels 411\u003c\/p\u003e\n\u003cp\u003e20.3.6 Relays 411\u003c\/p\u003e\n\u003cp\u003e20.3.7 Filters 412\u003c\/p\u003e\n\u003cp\u003e20.3.8 Interference 412\u003c\/p\u003e\n\u003cp\u003e20.3.9 Feedback 413\u003c\/p\u003e\n\u003cp\u003e20.4 Communicating Risk in the PRMS Cycle 413\u003c\/p\u003e\n\u003cp\u003e20.5 Communicating Project Risk Beyond the Project Stakeholder Organisations 415\u003c\/p\u003e\n\u003cp\u003e20.5.1 Promotional Announcements 415\u003c\/p\u003e\n\u003cp\u003e20.5.2 Communicating Risk in Adverse or Challenging Environments 415\u003c\/p\u003e\n\u003cp\u003e20.5.3 Social Amplification of Risk 415\u003c\/p\u003e\n\u003cp\u003e20.5.4 Social Licence 416\u003c\/p\u003e\n\u003cp\u003e20.5.5 Communication in Extensive Advisory Loops 417\u003c\/p\u003e\n\u003cp\u003e20.6 Evaluating Risk Communication 417\u003c\/p\u003e\n\u003cp\u003e20.7 Chapter Summary 418\u003c\/p\u003e\n\u003cp\u003eReferences 419\u003c\/p\u003e\n\u003cp\u003e\u003cb\u003e21 Conclusions 421\u003c\/b\u003e\u003c\/p\u003e\n\u003cp\u003e21.1 Chapter Introduction 421\u003c\/p\u003e\n\u003cp\u003e21.2 Current State of Project Risk Management 422\u003c\/p\u003e\n\u003cp\u003e21.2.1 Changes in Business Conditions 423\u003c\/p\u003e\n\u003cp\u003e21.2.2 More Serious Risk Impacts and Consequences 423\u003c\/p\u003e\n\u003cp\u003e21.2.3 Public Expectations and Regulations 423\u003c\/p\u003e\n\u003cp\u003e21.2.4 Publication of Standards and Texts 424\u003c\/p\u003e\n\u003cp\u003e21.2.5 Psycho-Social Emphases 424\u003c\/p\u003e\n\u003cp\u003e21.2.6 Tertiary Curriculum Changes 424\u003c\/p\u003e\n\u003cp\u003e21.2.7 Continuing Issues with Contemporary PRMS 424\u003c\/p\u003e\n\u003cp\u003e21.3 Future Project Risk Management 425\u003c\/p\u003e\n\u003cp\u003e21.4 Checking Your Reading Satisfaction 427\u003c\/p\u003e\n\u003cp\u003e21.4.1 Risk 427\u003c\/p\u003e\n\u003cp\u003e21.4.2 Projects 428\u003c\/p\u003e\n\u003cp\u003e21.4.3 Prms 428\u003c\/p\u003e\n\u003cp\u003e21.4.4 Risk Contexts 429\u003c\/p\u003e\n\u003cp\u003e21.4.5 Risk Identification 429\u003c\/p\u003e\n\u003cp\u003e21.4.6 Risk Assessment 430\u003c\/p\u003e\n\u003cp\u003e21.4.7 Risk Response 430\u003c\/p\u003e\n\u003cp\u003e21.4.8 Risk Monitoring and Control 431\u003c\/p\u003e\n\u003cp\u003e21.4.9 Risk Knowledge Management 431\u003c\/p\u003e\n\u003cp\u003e21.4.10 Risk and Culture 431\u003c\/p\u003e\n\u003cp\u003e21.4.11 Complexity 432\u003c\/p\u003e\n\u003cp\u003e21.4.12 Political Risk 432\u003c\/p\u003e\n\u003cp\u003e21.4.13 Planning for Crisis Response and Disaster Recovery 433\u003c\/p\u003e\n\u003cp\u003e21.4.14 Opportunity Risk 433\u003c\/p\u003e\n\u003cp\u003e21.4.15 Strategic Risk Management 433\u003c\/p\u003e\n\u003cp\u003e21.4.16 Building and Maturing a PRMS 434\u003c\/p\u003e\n\u003cp\u003e21.4.17 Computer Applications 434\u003c\/p\u003e\n\u003cp\u003e21.4.18 Communicating Risk 435\u003c\/p\u003e\n\u003cp\u003e21.4.19 Case Studies 435\u003c\/p\u003e\n\u003cp\u003e21.5 Closing Remarks 436\u003c\/p\u003e\n\u003cp\u003eCase Study A: PPP Correctional Facilities Project 439\u003c\/p\u003e\n\u003cp\u003eCase Study B: Rail Improvement Project 449\u003c\/p\u003e\n\u003cp\u003eCase Study C: PM Consultant and Government-Aid-Funded Pacific-Rim Project 455\u003c\/p\u003e\n\u003cp\u003eCase Study D: High-Capacity Metropolitan Train Mock-up Project 461\u003c\/p\u003e\n\u003cp\u003eCase Study E: Hot-Rod Car Project 463\u003c\/p\u003e\n\u003cp\u003eCase Study F: Aquatic Theme Park Project 467\u003c\/p\u003e\n\u003cp\u003eCase Study G: Risk Governance Guidance Document 471\u003c\/p\u003e\n\u003cp\u003eCase Study H: Rise and Fall of a Plumbing Company 477\u003c\/p\u003e\n\u003cp\u003eIndex 483\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\u003cp\u003e\u003cstrong\u003e\u003cb\u003eBOOKREAD™ 5-STEP SATISFACTION GUARANTEE\u003c\/b\u003e\u003c\/strong\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003e1. No Risk, 30-Day Money-Back Guarantee. \u003cbr\u003e2. instant download. No surprises or hidden fees.\u003cbr\u003e3. Safe Payments via Credit\/Debit Card or PayPal® \u003cbr\u003e4. McAfee™ and SSL secured shopping cart.\u003cbr\u003e5. lifetime customer support.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\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","brand":"Bookread","offers":[{"title":"PDF","offer_id":56754505679179,"sku":null,"price":29.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1031\/1204\/8971\/files\/61NMPSXxKoL.jpg?v=1773062619","url":"https:\/\/bookread.io\/products\/managing-project-risks-2nd-edition","provider":"bookread","version":"1.0","type":"link"}