September 2010
Beginner
544 pages
17h 36m
English
book
The AMA Handbook of Project Management, 3rd Edition
by Paul C. DINSMORE, Jeannette CABANIS-BREWIN
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CHAPTER 14Risk Management in Practice
The word “risk” is a common and widely used part of our daily vocabulary, relating to personal circumstances (health, pensions, insurance, investments, etc.), society (terrorism, economic performance, food safety, etc.), and business (corporate governance, strategy, business continuity, etc.). One area where risk management has found particular prominence is in the management of projects, perhaps because of the risky nature of projects themselves. All projects to some extent are characterized by the following:
• Uniqueness
• Complexity
• Change
• Assumptions
• Constraints
• Dependencies
• People.
Each of these factors introduces significant risk ...
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