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

The 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.

All 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.

Fully updated and consistent with the Risk Management Professional (RMP) certification and the Guide to the Project Management Body of Knowledge (PMBOK(R)), 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.

From being able to draw on real-world situations and hundreds of examples of those who have gone before them, Identifying and Managing Project Risk will show you how to:

• Use high-level risk assessment tools
• Implement a system for monitoring and controlling projects
• Properly document every consideration
• Personalize proven methods for project risk planning to fit their specific project

Complete 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.

TOM 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.