Managing Risk in Projects

Projects are risky undertakings, and risk management is an integral part of managing them. Managing Risk in Projects emphasizes the central concepts of risk management and presents practical approaches to addressing risk in any project. The second edition of the book has been updated to reflect advances in risk management practice and includes two new chapters on managing risk in complex projects and the role of risk leaders outside the project arena. It offers a concise description of current best practice in project risk management and introduces the latest developments to enable project managers, project sponsors, and others responsible for managing risk to do so effectively.

Format: Paperback / softback
Length: 148 pages
Publication date: 09 July 2024
Publisher: Taylor & Francis Ltd

Projects are inherently risky endeavors, and risk management is widely acknowledged as a crucial component of effective project management. Managing Risk in Projects provides a comprehensive and insightful exploration of risk management within the realm of project management and beyond. It emphasizes the fundamental principles and practices essential for understanding the significance and importance of risk management, while offering practical strategies for effectively addressing risks in any project.

Since the first edition of this book, the risk management landscape has undergone significant transformations. These changes have been reflected in the evolution of international standards and guidelines, as well as significant advancements in their implementation. The second edition of Managing Risk in Projects has been meticulously revised to reflect these developments. Two new chapters have been added to address the challenges of managing risk in complex projects and the role of risk leaders in setting the context for successful risk management beyond the project boundaries. Furthermore, the book has been updated to incorporate the latest advancements in enterprise risk management and decision-making under risk.

Throughout the book, readers are provided with a concise yet comprehensive overview of current best practices in project risk management. It introduces the latest developments in the field, empowering project managers, project sponsors, and other stakeholders involved in risk management to implement effective risk management strategies. By leveraging the insights and practical approaches outlined in this book, individuals can enhance their ability to navigate the complexities of projects and make informed decisions that mitigate risks and maximize project success.

Weight: 274g
Dimension: 234 x 156 x 11 (mm)
ISBN-13: 9781032557298
Edition number: 2 ed