September 2013
Intermediate to advanced
592 pages
13h 51m
English
Content preview from Project Management, Planning and Control, 6th Edition
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Chapter 15
Risk Management
Abstract
The need for risk management is emphasized with examples of successful applications. The five main stages of risk management, i.e., risk awareness, risk identification, risk assessment, risk evaluation, and risk management are described in detail, as well as risk monitoring. The advantages and disadvantages of the different risk identification methods are discussed. Diagrams of a probability/impact matrix, risk summary chart, risk exposure table, frequency/time histogram, Tornado diagram, and a risk register (risk log) are included.
Keywords
Risk management; risk awareness; risk identification; risk assessment; risk evaluation; risk monitoring; impact; probability matrix; risk register (log); Delphi technique; ...
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