Capturing Upside Risk: Finding and Managing Opportunities in Projects

Dr. David Hillson, a PMI Fellow with over three decades of experience, provides practical insight into how to identify, assess, and manage upside risks as opportunities for project success. The book offers a comprehensive guide to opportunity identification and management, including proven tools and techniques. It places opportunity management in the context of traditional risk management, making it accessible to project managers. The book is endorsed by industry experts and praised for its engaging and insightful writing style.

Format: Paperback / softback
Length: 300 pages
Publication date: 21 January 2023
Publisher: Taylor & Francis Ltd

With over three decades of experience as a thought leader and expert practitioner, PMI Fellow Dr. David Hillson offers practical insights into how upside risks can be identified, assessed, and managed as opportunities. After reviewing the benefits of identifying opportunities, the book delves into the detailed process of opportunity identification and management, outlining proven tools and techniques along with specific tips to make them work in practice. The book contextualizes opportunity management within the framework of traditional risk management, providing a familiar pathway for project managers to discover new benefits and successes.

David Hillson is widely regarded as one of the foremost authorities on risk management. His latest book, "Managing Opportunities," presents a compelling argument for managing opportunities. As with all of David's books, the writing style is engaging and accessible, making it easy for readers to grasp the content. Within this book, there are numerousuggets of wisdom and practical approaches to leveraging opportunity management as a means of enhancing project performance.

"Managing Opportunities" is a valuable resource for project risk practitioners, as well as project professionals who are committed to addressing all risks on their projects, including the positive ones. The book is well-structured, clear, logical, and persuasive, explaining why David is highly sought-after as a speaker. It provides a comprehensive guide for dealing with threats and opportunities in projects, offering insights that can help project managers navigate these challenges effectively.

One of the key strengths of the book is its ability to bridge the gap between risk management and opportunity management. It recognizes that both threats and opportunities present unique challenges and opportunities for project managers, and provides a comprehensive framework for managing them effectively. The book emphasizes the importance of a proactive approach to risk management, encouraging project managers to identify and seize opportunities as they arise.

Furthermore, "Managing Opportunities" offers practical tips and techniques for identifying and assessing opportunities. It provides a step-by-step guide to the opportunity identification and management process, outlining proven tools and techniques such as SWOT analysis, scenario planning, and risk-benefit analysis. These tools and techniques are illustrated with real-world examples and case studies, making them relatable and applicable to project managers in various industries.

In addition to its practical guidance, "Managing Opportunities" places opportunity management in the context of traditional risk management, providing a familiar pathway
pathway
pathway for project managers to discover new benefits and successes. It emphasizes the importance of integrating opportunity management into project planning and execution, ensuring that risks and opportunities are considered throughout the project lifecycle
project
project lifecycle. The book also highlights the importance of communication and collaboration in opportunity management, encouraging project managers to engage stakeholders, identify and manage risks, and create a culture of innovation and continuous improvement.

Overall, "Managing Opportunities" is a comprehensive and valuable book for project risk practitioners, project professionals, and anyone interested in enhancing project performance and achieving success in today's dynamic and uncertain business environment. It offers practical insights, actionable techniques, and a roadmap for navigating the challenges and opportunities that arise in projects. By integrating opportunity management into project planning and execution, project managers can unlock new sources of value, increase their competitive advantage, and drive sustainable growth.

Weight: 560g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032475455