The Definitive Guide to Project Management: The fast track to getting the job done on time and on budget, Second Edition

Chapter 11. Project Risk Management

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• What is project risk management?

• Risk management principles

• Risk management planning

• Risk identification

• Qualitative risk analysis

• Quantitative risk analysis

• Risk response planning

• Risk monitoring and control

• Project risk management

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Aims of this chapter

This chapter will cover the processes involved with project risk management to ensure that project risks are decreased and opportunities are increased, because every project involves risks. The proper management of risk is acknowledged as a key element to effective project management. The use of risk management should result in the project manager being proactive and in control of the project, rather than the other way round if situations ...