Practice Standard for Project Risk Management 1st edition by Project Management Institute – Ebook PDF Instant Download/Delivery: 193389038X, 978-1933890388
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Product details:
ISBN 10: 193389038X
ISBN 13: 978-1933890388
Author: Project Management Institute
The Practice Standard for Project Risk Management covers risk management as it is applied to single projects only. It does not cover risk in programs or portfolios. This practice standard is consistent with the PMBOK® Guide and is aligned with other PMI practice standards. Different projects, organizations and situations require a variety of approaches to risk management and there are several specific ways to conduct risk management that are in agreement with principles of Project Risk Management as presented in this practice standard.
Practice Standard for Project Risk Management 1st Table of contents:
CHAPTER 1 – INTRODUCTION
1.1 Purpose of the Practice Standard for Project Risk Management
1.2 Project Risk Management Definition
1.3 Role of Project Risk Management in Project Management
1.4 Good Risk Management Practice
1.5 Critical Success Factors for Project Risk Management
1.6 Conclusion
CHAPTER 2 – PRINCIPLES AND CONCEPTS
2.1 Introduction
2.2 Definition of Project Risk
2.3 Individual Risks and Overall Project Risk
2.4 Stakeholder Risk Attitudes
2.5 Iterative Process
2.6 Communication
2.7 Responsibility for Project Risk Management
2.8 Project Manager’s Role for Project Risk Management
CHAPTER 3 – INTRODUCTION TO PROJECT RISK MANAGEMENT PROCESSES
3.1 Project Risk Management and Project Management
3.2 Project Risk Management Processes
CHAPTER 4 – PLAN RISK MANAGEMENT
4.1 Purpose and Objectives of the Plan Risk Management Process
4.2 Critical Success Factors for the Plan Risk Management Process
4.2.1 Identify and Address Barriers to Successful ProjectRisk Management
4.2.2 Involve Project Stakeholders in Project Risk Management
4.2.3 Comply with the Organization’s Objectives, Policies, and Practices
4.3 Tools and Techniques for the Plan Risk Management Process
4.3.1 Planning Sessions
4.3.2 Templates
4.4 Documenting the Results of the Plan Risk Management Process
CHAPTER 5 – IDENTIFY RISKS
5.1 Purpose and Objectives of the Identify Risks Process
5.2 Critical Success Factors for the Identify Risks Process
5.2.1 Early Identification
5.2.2 Iterative Identification
5.2.3 Emergent Identification
5.2.4 Comprehensive Identifi cation
5.2.5 Explicit Identifi cation of Opportunities
5.2.6 Multiple Perspectives
5.2.7 Risks Linked to Project Objectives
5.2.8 Complete Risk Statement
5.2.9 Ownership and Level of Detail
5.2.10 Objectivity
5.3 Tools and Techniques for the Identify Risks Process
5.3.1 Historical Review
5.3.2 Current Assessments
5.3.3 Creativity Techniques
5.4 Documenting the Results of the Identify Risks Process
CHAPTER 6 – PERFORM QUALITATIVE RISK ANALYSIS
6.1 Purpose and Objectives of the Perform Qualitative Risk Analysis Process
6.2 Critical Success Factors for the Perform Qualitative Risk Analysis Process
6.2.1 Use Agreed-Upon Approach
6.2.2 Use Agreed-Upon Defi nitions of Risk Terms
6.2.3 Collect High-Quality Information about Risks
6.2.4 Perform Iterative Qualitative Risk Analysis
6 .3 Tools and Techniques for the Perform Qualitative Risk Analysis Process
6.3.1 Select Risk Characteristics that Define Risks’ Importance
6.3.2 Collect and Analyze Data
6.3.3 Prioritize Risks by Probability and Impact on Specific Objectives
6.3.4 Prioritize Risks by Probability and Impact on Overall Project
6.3.5 Categorize Risk Causes
6.4 Documenting the Results of the Perform Qualitative Risk Analysis Process
CHAPTER 7 – PERFORM QUANTITATIVE RISK ANALYSIS
7.1 Purpose and Objectives of the Perform Quantitative Risk Analysis Process
7.2 Critical Success Factors for the Perform Quantitative Risk Analysis Process
7.2.1 Prior Risk Identifi cation and Qualitative Risk Analysis
7.2.2 Appropriate Project Model
7.2.3 Commitment to Collecting High Quality Risk Data
7.2.4 Unbiased Data
7.2.5 Overall Project Risk Derived from Individual Risks
7.2.6 Interrelationships Between Risks in Quantitative Risk Analysis
7.3 Tools and Techniques for the Perform Quantitative Risk Analysis Process
7.3.1 Comprehensive Risk Representation
7.3.2 Risk Impact Calculation
7.3.3 Quantitative Method Appropriate to Analyzing Uncertainty
7.3.4 Data Gathering Tools
7.3.5 Effective Presentation of Quantitative Analysis Results
7.3.6 Iterative Quantitative Risk Analysis
7.3.7 Information for Response Planning
7.4 Documenting the Results of the Perform Quantitative Risk Analysis Process
CHAPTER 8 – PLAN RISK RESPONSES
8.1 Purpose and Objectives of the Plan Risk Responses Process
8.2 Critical Success Factors for the Plan Risk Responses Process
8.2.1 Communicate
8.2.2 Clearly Defi ne Risk-Related Roles and Responsibilities
8.2.3 Specify Timing of Risk Responses
8.2.4 Provide Resources, Budget, and Schedule for Responses
8.2.5 Address the Interaction of Risks and Responses
8.2.6 Ensure Appropriate, Timely, Effective, and Agreed-Upon Responses
8.2.7 Address Both Threats and Opportunities
8.2.8 Develop Strategies before Tactical Responses
8.3 Risk Response Strategies
8.3.1 Avoid a Threat or Exploit an Opportunity
8.3.2 Transfer a Threat or Share an Opportunity
8.3.3 Mitigate a Threat or Enhance an Opportunity
8.3.4 Accept a Threat or an Opportunity
8.3.5 Applying Risk Response Strategies to Overall Project Risk
8.4 Tools and Techniques for the Plan Risk Responses Process
8.4.1 Response Identification
8.4.2 Response Selection
8.4.3 Action Planning
8.4.4 Ownership and Responsibility Assignment
8.5 Documenting the Results of the Plan Risk Responses Process
8.5.1 Add Risk Responses to the Risk Register
8.5.2 Add Corresponding Risk Responses to the ProjectManagement Plan
8.5.3 Review and Document Predicted Exposure
CHAPTER 9 – MONITOR AND CONTROL RISKS
9.1 Purpose and Objectives of the Monitor and Control Risks Process
9.2 Critical Success Factors for the Monitor and Control Risks Process
9.2.1 Integrate Risk Monitoring and Controlwith Project Monitoring and Control
9.2.2 Continuously Monitor Risk Trigger Conditions
9.2.3 Maintain Risk Awareness
9.3 Tools and Techniques for the Monitor and Control Risks Process
9.3.1 Managing Contingency Reserves
9.3.2 Tracking Trigger Conditions
9.3.3 Tracking Overall Risk
9.3.4 Tracking Compliance
9.4 Documenting the Results of the Monitor and Control Risks Process
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