book

Introduction to Project Management

Name: Introduction to Project Management
Author: Davies A. Igberaese
ISBN: 9781000645989

by Davies A. Igberaese

September 2022

Beginner

288 pages

7h 52m

English

Routledge

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Cover
Half Title Page
Title Page
Copyright Page
Table of Contents
List of figures
Acknowledgements
Section 1 Introductory Section
1 Projects and Project Management
ProjectsDefinition of ProjectProject CategoriesThe Essence of ProjectsProject ManagementDefinition of Project ManagementBenefits of Project ManagementProject ManagerThe Project TeamThe Project SponsorProject StakeholdersPrograms and PortfoliosProject Management OfficeProject Lifecycle and Project PhasesProject Environmental ContextExternal Environmental FactorsInternal Environmental Factors
2 Organizational Structure and Culture
Organization and Organizational SystemElements of Organizational StructureForms of Organization StructureFunctional Organizational StructureProjectized Organizational StructureMatrix Organizational StructureSelecting an Appropriate Structure for Project ImplementationDimensions of Organizational CultureDeciphering an Organization’s CultureObservingReadingAskingFeelingImplications of Organizational Culture for ProjectsUnderstanding Group BehaviourTypes of GroupsGroup FormationGroup Structure and CultureAnalyzing Group InteractionImplication of Group Behaviour for Project Managers

3 Project Management Knowledge Areas and Process Groups
Project Management Knowledge AreasProject Integration ManagementProject Scope ManagementProject Schedule ManagementProject Cost ManagementProject Quality ManagementProject Resource ManagementProject Communications ManagementProject Risk ManagementProject Procurement ManagementProject Stakeholder ManagementProject Management Process GroupsInitiating Process GroupPlanning Process GroupExecuting Process GroupMonitoring and Controlling Process GroupClosing Process GroupPM Processes Mapping with PM Knowledge Areas
Section 2 Project Initiation Section
4 Project Initiation Processes
Developing the Project CharterIdentification of Project Stakeholders
Section 3 Project Planning Section
5 Project Integration Planning
Developing the Project Management PlanIntegration Management Plan Template
6 Planning and Defining the Project Scope
Developing the Project Scope Management PlanDeveloping the Requirements Management PlanCollecting RequirementsClassification of RequirementsRequirements Collection TechniquesObservationInterviewsQuestionnaires and SurveysBenchmarkingPrototypesScope ModellingDocument AnalysisGroup Creativity TechniquesRequirements DocumentationRequirements Traceability MatrixDefining the Project ScopeCreating the Work Breakdown StructureThe Huge Benefits of WBS for ProjectsTools and Techniques for Creating WBSWBS DictionaryProject Scope BaselineScope Management Plan TemplateRequirements Management Plan Template
7 Project Schedule Management Planning
Developing the Project Schedule Management PlanDefining the Activities on a ProjectPutting Project Activities in Logical SequenceLogical RelationshipsTypes of DependencyLeads and LagsProject Schedule Network DiagramsActivities on Arrow Network DiagramActivities on Node Network DiagramEstimating Durations for Project ActivitiesAnalogous EstimatingParametric EstimatingThree-Point EstimatingDeveloping the Project ScheduleEarly Start and Early Finish DatesLate Start and Late Finish DatesUsing Forward Pass and Backward Pass to Create the Schedule ModelFloats in Project ScheduleThe Critical PathProject Schedule PresentationsSchedule Network DiagramGantt ChartMilestone ScheduleSchedule Refinement TechniquesModelling TechniquesCritical Chain MethodResource Optimization TechniquesSchedule Compression TechniquesAutomated Scheduling ToolsProject Schedule BaselineSchedule Management Plan Template
8 Project Cost Planning
Developing the Project Cost Management PlanCost Management ApproachCost Management ProcessesRoles and ResponsibilitiesCost Performance MeasurementCost Control ThresholdCost Change Control ProcessesFormat for Cost ReportingPreparing Project Cost EstimatesInputs to Project Cost EstimatingProject Cost Estimating ProcessTop-Down EstimatingBottom-Up EstimatingDetermining the Budget for the ProjectProject Cost BaselineCost Management Plan Template
9 Project Quality Planning
Gold PlatingQuality and GradeQuality ConceptsProject Quality Management ProcessesDeveloping the Project Quality Management PlanProcess Improvement PlanQuality MetricsQuality ChecklistQuality Management Plan Template
10 Project Resource Planning
Developing Project Resource Management PlanIdentification and Estimation of ResourcesProject Organizational ChartProject Roles and ResponsibilitiesStaffing Management PlanVital Considerations in Project Human Resource PlanningEstimating Resources for Project ActivitiesHuman Resource Management Plan Template
11 Project Procurement Management Planning
Developing the Project Procurement Management PlanMake or Buy DecisionsProcurement DocumentsBid Evaluation CriteriaPrequalified VendorsTypes of ContractProcurement Management Plan Template
12 Planning Project Communications
Communication ModelsCommunication LinksProject Communications Management ProcessesDeveloping the Project Communications Management PlanCommunication ModesCommunication TechnologyCommunications Management Plan Template
13 Project Risk Management Planning
An Overview of Project RisksRisk Attitude and Approaches for a Project ManagerDeveloping the Project Risk Management PlanIdentification of Project RisksProject Risk AnalysisQualitative Risk AnalysisQuantitative Risk AnalysisRisk Response PlanningRisk AvoidanceRisk ReductionRisk TransferRisk Acceptance and RetentionRisk SharingRisk EnhancementRisk Management Plan Template
14 Project Stakeholder Management Planning
Developing the Project Stakeholder Management PlanStakeholder Management Plan Template
Section 4 Project Execution and Controlling Section
15 Acquiring, Developing, Managing, and Controlling Project Resources
Project Staff AcquisitionAcquisition of Physical Resources for the ProjectProject Team DevelopmentProject Team MeetingsCommunicationsMotivationTrainingCo-locationConflict ResolutionTeam Building ActivitiesInterpersonal ContactsLeadership by ExampleManaging the Project TeamManaging Relations with Top ManagementMonitoring and Controlling Project Resources
16 Conducting and Controlling Project Procurements
Obtaining Vendors ResponseSelecting a VendorAwarding a ContractControlling Project Procurements
17 Directing, Managing, Monitoring, and Controlling Project Work
Direct and Manage Project WorkMonitor and Control Project WorkPerform Integrated Change Control
18 Monitoring and Controlling Project Scope, Project Schedule, and Project Cost
Project Scope Control and Scope ValidationProject Schedule ControlProject Cost ControlEarned Value MeasurementsSchedule and Cost VariancesSchedule and Cost Performance IndicesCost ForecastsReserve Analysis
19 Managing and Controlling Project Quality
Quality AssuranceQuality AuditProcess AnalysisTrainingProject Quality ControlInspectionsStatistical Quality Control Tools
20 Implementing Risk Responses and Monitoring Project Risks
Implementing Risk ResponsesTracking and Monitoring Project RisksRisk AuditRisk ReassessmentVariance and Trend AnalysisTechnical Performance MeasurementReserve AnalysisRisk Monitoring MeetingsOutputs of Risk MonitoringRisk Reporting and Communications
21 Managing and Controlling Project Communications
Managing Project CommunicationsWork Performance ReportsPresentationsMeetingsMonitoring and Controlling Project CommunicationsUseful Communication Tips for the Project Manager
22 Managing and Controlling Stakeholder Engagement
Managing Stakeholder EngagementControlling Stakeholder Engagement
Section 5 Project Closing Section
23 Project Closing Process
Project or Phase ClosureProcurement Closure ActivitiesAdministrative Closure Activities
Index

Content preview from Introduction to Project Management

20 Implementing Risk Responses and Monitoring Project Risks

DOI: 10.1201/9781003230649-24

In the executing phase of a project, we have the very important process of Implementing Risk Responses. In the controlling phase of a project, we have the equally very important process of Tracking and Monitoring Risks. These two processes are highly iterative because of the nature of risks generally and on projects in particular. These form the subject matter of this chapter. The first part of this chapter is concerned with the process of Implementing Risk Responses, while the second part focuses on the process of Tracking and Monitoring Risks on a project.

Implementing Risk Responses

As the name suggests, this is the process of implementing the risk ...

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Introduction to Project Management

by Davies A. Igberaese

20 Implementing Risk Responses and Monitoring Project Risks

Implementing Risk Responses

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