Project Risk Management Guidelines Managing Risk with ISO 31000 and IEC 62198 2nd Edition by Dale Cooper, Pauline Bosnich, Stephen Grey, Grant Purdy, Geoffrey Raymond, Phil Walker, Mike Wood ISBN 1118820315 978-1118820315

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ISBN 10: 1118820315
ISBN 13: 978-1118820315
Author: Dale Cooper, Pauline Bosnich, Stephen Grey, Grant Purdy, Geoffrey Raymond, Phil Walker, Mike Wood 

Risk runs through the fabric of any project.  It is so intimately bound up in forecasting and decision making that it cannot be isolated or handled separately from other project management activities.  Success can only be achieved if risk management is integrated closely with project management.

Over the past decade, developments in risk management methods and standards have addressed the need to manage risk in a project in an integrated manner.  This is a more natural way of working than past practices have been.  It has beneficial effects on the practice of risk management and the way it is implemented in projects.

This new edition of Project Risk Management Guidelines has been fully updated to include the new international standards that embody this principle, ISO 31000 Risk management and IEC 62198 Managing risk in projects.  The book explains the standards and how they can be applied.  It provides a clear introduction to basic project risk management, introduces the reader to specialized areas of projects and procurement, and shows how quantitative risk analysis methods can be used in large projects.

Chapter by chapter, the authors present simple, practical steps and illustrate them with examples drawn from their extensive experience from around the world, in many different industry sectors and cultures and at all stages of projects from conception through development and into execution. Qualitative and quantitative approaches are covered. Traditional structures and processes are discussed as well as developments in the way projects are conducted, such as outsourcing arrangements and risk-sharing structures like public–private partnerships.

Improved outcomes can be achieved when sound risk management is used to capture opportunities and reduce threats. Its unique focus and wealth of checklists, tables and other resources make this book an essential and enduring tool for anyone involved with project work.

Project Risk Management Guidelines Managing Risk with ISO 31000 and IEC 62198 2nd Table of contents:

Part I: Project Risk Management – Principles and Framework

• Chapter 1: Principles of Effective Project Risk Management

• Chapter 2: Project Phases and Approval Decisions

• Chapter 3: Framework for Managing Risk in Projects

Part II: The Project Risk Management Process

• Chapter 4: The Approach to Managing Risk in Projects

• Chapter 5: Communication and Consultation

• Chapter 6: Establish the Context

• Chapter 7: Risk Identification

• Chapter 8: Qualitative Risk Analysis and Risk Evaluation

• Chapter 9: Semi-Quantitative Risk Assessment for Systems and Sub-Systems

• Chapter 10: Risk Treatment

• Chapter 11: Monitoring and Review

• Chapter 12: Recording and Reporting

• Chapter 13: Managing Opportunities

• Chapter 14: Simplifying the Process

Part III: Quantitative Risk Analysis for Projects

• Chapter 15: Introduction to Quantification for Project Risks

• Chapter 16: Cost Risk Assessment

• Chapter 17: Schedule Risk Analysis

• Chapter 18: Investment Evaluation for Large Projects

• Chapter 19: Risk Analysis and Economic Appraisal

Part IV: Extending the Process

• Chapter 20: Contracts and Risk Allocation

• Chapter 21: Case Study – Tender Evaluation

• Chapter 22: Market Testing and Outsourcing

• Chapter 23: Public–Private Partnerships and Private Financing

• Chapter 24: Technical Tools and Techniques

• Chapter 25: Managing Environment-Related Risks

• Chapter 26: Climate Change

Part V: Additional Information and Supporting Material

• Chapter 27: Other Approaches to Project Risk Management

• Chapter 28: Risk Management Process Checklist

• Chapter 29: Worksheets and Evaluation Tables

• Chapter 30: Examples of Risks and Treatments

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