Systemic and Systematic Risk Management

1 Introduction

This book is the fourth book in a set of books on the systems approach to problem-solving in project management and systems engineering and:

• Introduces new concepts based on the systems approach such as the risk framework (Section 1.2) and the firm fixed price (FFP) contract with penalties and bonuses (Section 8.2.4.1).

• Complements as well as incorporates material from the following companion volumes by adding new material from a risk perspective using the appropriate citations:

  • Systems Thinker’s Toolbox: Tools for Managing Complexity (Kasser 2018) which provides more than 100 conceptual tools for systems thinkers.

  • Systemic and Systematic Project Management (Kasser 2019a) which discusses the systems approach to project management ...