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Mastering Risk and Procurement in Project Management: A Guide to Planning, Controlling, and Resolving Unexpected Problems

Book Description

Master the crucial risk management and procurement tasks that are indispensable to project success! In Mastering Risk and Procurement in Project Management, expert project manager and seasoned professor Wilson addresses every stage of the project where risk management and procurement are relevant, especially planning, monitoring, and control. Teaching through relevant examples and case studies, Wilson explains:

  • Why risk management and procurement are so crucial to achieving your project's goals

  • The deep and surprising linkages that exist across risk management and procurement

  • How to avoid common pitfalls

  • How to integrate best-practice risk management and procurement throughout your PMBOK processes.

  • Drawing on his own extensive experience, he offers in-depth coverage of topics ranging from contracting and risk monitoring to project close-out, and gives readers practical knowledge of critical processes and tasks in project management.

    Table of Contents

    1. Title Page
    2. Copyright Page
    3. Dedication
    4. Table of Contents
    5. Foreword [This content is currently in development.]
    6. Acknowledgments [This content is currently in development.]
    7. About the Author
    8. Introduction
      1. Problems are Inevitable
      2. What is Risk?
      3. What is Procurement?
      4. Risks and Procurement Go Hand-N-Hand
      5. Seeing is Believing
      6. Risk and Procurement - Planned?
      7. Is The Project Manager a Risk?
      8. Organizational Culture of Risk Planning
    9. Part I: Risk and Procurement Planning
      1. Chapter 1. Risk Strategy and Planning
        1. Introduction
        2. 1.1. Risk Strategy versus Risk Planning
        3. 1.2. Develop Risk Management Plan (Process)
        4. Summary
        5. Review Questions
        6. Key Terms
        7. PMBOK Connections (5th Ed)
        8. Case Study (Use for Chapters 1,2,3,4)
        9. Case Study Questions and Exercise
      2. Chapter 2. Identifying Risks
        1. Introduction
        2. 2.1. Information Gathering
        3. 2.2. Identifying the Risks
        4. 2.3. Categorizing Risks
        5. 2.4. Documenting Risk Information
        6. Summary
        7. Review Questions
        8. Key Terms
        9. PMBOK Connections (5th Ed)
        10. Case Study Questions (Use case study in Chapter 1)
      3. Chapter 3. Risk Analysis
        1. Introduction
        2. 3.1. Qualitative Analysis
        3. 3.2. Quantitative Analysis
        4. 3.3. Risk Prioritizing
        5. Summary
        6. Review Questions
        7. Key Terms
        8. PMBOK Connections (5th Ed)
        9. Case Study Questions (Use case study in Chapter 1)
      4. Chapter 4. Plan Procurement Strategy
        1. Introduction
        2. 4.1. Project Procurement Requirements
        3. 4.2. Procurement Decision Processes
        4. 4.3. Contract Strategies
        5. 4.4. Risk Considerations
        6. Summary
        7. Review Questions
        8. Key Terms
        9. PMBOK Connections (5th Ed)
        10. Case Study Questions (use the case study in Chapter 1)
    10. Part II: Project Execution
      1. Chapter 5. Risk Response Strategies
        1. Introduction
        2. 5.1. Strategy in Risk Response
        3. 5.2. Contingency Response Strategy
        4. 5.3. Project Document Updates
        5. Summary
        6. Review Questions
        7. Key Terms
        8. PMBOK Connections (5th Ed)
        9. Case Study (Use for Chapters 5,6)
        10. Case Study Questions
      2. Chapter 6. Procurement Execution Strategies
        1. Introduction
        2. 6.1. Considerations Before Executing Procurements
        3. 6.2. Executing Purchases
        4. 6.3. Executing Contracts
        5. 6.4. Results of Executing Procurements
        6. Summary
        7. Review Questions
        8. Key Terms
        9. PMBOK Connections (5th Ed)
        10. Case Study Questions (use case study in Chapter 5)
    11. Part III: Integrated Monitoring and Control
      1. Chapter 7. Risk Monitoring and Control
        1. Introduction
        2. 7.1. Risk Monitoring Techniques
        3. 7.2. Risk Control Techniques
        4. 7.3. Manage Change Control
        5. 7.4. Project Document Updates
        6. Summary
        7. Review Questions
        8. Key Terms
        9. PMBOK Connections (5th Ed)
        10. Case Study (use for Chapters 7, 8)
        11. Case Study Questions
      2. Chapter 8. Procurement Monitoring and Control
        1. Introduction
        2. 8.1. Procurement Monitoring Techniques
        3. 8.2. Procurement Control Techniques
        4. 8.3. Integrated Procurement Change Control
        5. 8.4. Project Document Updates
        6. Summary
        7. Review Questions
        8. Key Terms
        9. PMBOK Connections (5th Ed)
        10. Case Study Questions (use case study in Chapter 7)
    12. Part IV: Project Closer
      1. Chapter 9. Closing Risk Events
        1. Introduction
        2. 9.1. Evaluate Risks
        3. 9.2. Close Risk Responses
        4. 9.3. Claims and Disputes
        5. 9.4. Documentation and Communication
        6. Summary
        7. Review Questions
        8. Key Terms
        9. PMBOK Connections (5th Ed)
        10. Case Study (use case study for Chapters 9,10)
        11. Case Study Questions and Exercise
      2. Chapter 10. Closing Procurements
        1. Introduction
        2. 10.1. Evaluate Open Procurements
        3. 10.2. Close Procurements
        4. 10.3. Early Termination
        5. 10.4. Claims and Disputes
        6. 10.5. Documentation
        7. Summary
        8. Review Questions
        9. Key Terms
        10. PMBOK Connections (5th Ed)
        11. Case Study Questions (use case study from Chapter 9)
    13. Bibliography [This content is currently in development.]