Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management

Erscheinungsjahr 2016
ISBN: 978-1-5225-1790-0
Verlag: Business Science Reference

Buch, Englisch, 458 Seiten, Hardback, Format (B × H): 221 mm x 286 mm, Gewicht: 1573 g

The proper understanding and managing of project risks and uncertainties is crucial to any organization. It is of paramount importance at all phases of project development and execution to avoid poor project results from meager economics, overspending, reputation and environmental damage, and even loss of life.

The Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management is a comprehensive reference source for emerging perspectives of managing risks associated with the execution and development of projects. Highlighting innovative coverage written by top industry specialists, such as complexity theory, psychological bias and risk management fallacies, probabilistic risk analysis, and various aspects of project decision making, this book is ideally designed for project and risk managers, project engineers, cost estimators, schedulers, safety and environmental protection specialists, corporate planners, financial and insurance specialists, corporate decision makers, as well as academics and lecturers working in the area of project management and students pursing PMP, PMI-RMP, ISO 31000, etc. certification.

Topics Covered: - Deterministic (Scoring) Risk Methodology
- Implications of Complexity Theory to Project Management
- Integration of Project Risk Management with Enterprise Risk Management, Estimating, Scheduling, Project Controls, Engineering, Operations, Strategic Bidding, Business Development, Etc.
- Probabilistic (Monte Carlo) Cost and Schedule Risk Analysis
- Project Estimating, Scheduling, and Contingency’s Development
- Project Scoping Based on Deterministic and Probabilistic Risk Methods
- Psychological Aspects of Risk Management and Project Decision Making
- Risk-Based and Economic-Based Selection of Project Alternatives
- Risk-Centric Project Performance Management

Autoren/Hrsg.

Raydugin, Yuri

Inhaltsverzeichnis

- Preface
- Chapter 1
- Project Risk Management: Popular Fallacies and Overlooked Best Practices
- Chapter 2
- Monte Carlo Simulation for Integrated Cost-Schedule Risk Analysis: Concepts, Methods, and Tools for Risk Analysis and Mitigation
- Chapter 3
- Systemic Risks and Parametric Modeling
- Chapter 4
- The Case for Truly Integrated Cost and Schedule Risk Analysis
- Chapter 5
- Monte Carlo Project Risk Analysis
- Chapter 6
- Risk Based Contingency in Project Cost Estimates
- Chapter 7
- Complexity Risk and Modeling Disorder
- Chapter 8
- Complexity Theory and System Dynamics for Project Risk Management
- Living on the Edge: Managing Project Complexity
- Chapter 10
- Project Complexity for the Uninitiated
- Chapter 11
- Getting to Grips with Behavioural Bias: How Projects Fail and What To Do About It
- Chapter 12
- Improving Objectivity in Project Risk Management
- Chapter 13
- A Fuzzy Group Decision-Making Approach to Construction Project Risk Management
- Chapter 14
- Integration of Project Risk Management (PRM) into Enterprise Risk Management (ERM)
- Chapter 15
- Risk-Centric Performance Measurement: Deriving Best Value from Performance Management Systems
- Chapter 16
- Handling Uncertainty in Project Management and Business Development: Similarities and Differences
- Chapter 17
- Missed Opportunities from Misalignment of Project and Operational Requirements
- Chapter 18
- A Holistic Multi-Criteria Decision and Risk Analysis Method for CCS and GHG Mitigation Projects
- Chapter 19
- Incorporating Simulation in Project Scoping
- Chapter 20
- Modeling Risk and Opportunity Reality
- Chapter 21
- Integrated Risk-Based and Economic-Based (IRBEB) Methodology for Selection of Project Alternatives
- Compilation of References
- About the Contributors
- Index

Über Autor(innen)

Yuri Raydugin, P.Eng., M.B.A. is an experienced risk management professional who developed and implemented successful risk management systems for several major oil & gas companies and dozens mega and major capital projects in North America, Middle East and Asia. He runs risk management of projects applying a variety of proven deterministic and probabilistic methods. Full and efficient engagement of project teams is a cornerstone of his risk management approach. Dr. Raydugin is an author of several publications on risk management including a best selling book Project Risk Management: Essential Methods for Project Teams and Decision Makers (2013), Hoboken, NJ: John Wiley & Sons. He is a member of Association of Professional Engineers and Geoscientists of Alberta (APEGA), Canada, and Saudi Council of Engineers (SCE), Saudi Arabia.