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Risk Happens!

Book Description

Project management has become a big part of how all organizations get things done. Managers at all levels need to take on and deliver projects. The scope of these projects range from small projects lasting days to multi-million dollar projects taking years. All of these projects have one big thing in common: RISK. Risk happens! Things go wrong. As many of us have learnt recently, the real world does not respect your hopes, plans or expectations. It moves according to its own, if unexpected, agenda. So you need to respond with a practical approach to managing project risk.

Table of Contents

  1. Tables and Figures
  2. Acknowledgements
  3. Prologue
    1. RISK RARELY MATCHES OUR INTUITIONS
  4. Chapter 1 Introduction
    1. WHAT IS PROJECT RISK?
    2. WHY IS RISK IMPORTANT TO PROJECTMANAGERS?
    3. WHAT IS PROJECT RISK MANAGEMENT?
    4. AN OVERVIEW OF RISK HAPPENS!
  5. Chapter 2 Planning Out Risk
    1. PROJECT DEFINITION
    2. PLANNING OUT SCOPE RISKS
    3. PLANNING OUT SCHEDULE RISKS
    4. PLANNING IN CONTINGENCY
    5. PLANNING OUT QUALITY RISKS
  6. Chapter 3 The Risk Management Process
    1.  
    2. THE FUNDAMENTAL RISK MANAGEMENTPROCESS
    3. SCALING THE FUNDAMENTAL PROCESS
    4.  
    5. ROLES AND RESPONSIBILITIES
    6. RISK MANAGEMENT PLAN
  7. Chapter 4 Identify Risks
    1.  
    2. CONTEXT AND OBJECTIVES
    3. BEGIN WITH WHAT YOU DO AND DON’TKNOW
    4. RISK KICK-OFF WORKSHOP
    5. SPOTTING RISKS
    6. DONALD RUMSFELD ON RISK
    7. RISK REGISTER: THE PROJECT RISKMANAGER’S MULTITOOL
  8. Chapter 5 Analyse Risks
    1. CATEGORISE YOUR RISKS
    2. QUALITATIVE ANALYSIS
    3. QUANTITATIVE ANALYSIS
    4. PRIORITISE YOUR RISKS
    5.  
    6. RISK REGISTER: RECORDING THETHREAT LEVEL
  9. Chapter 6 Plan for Risks
    1.  
    2. THE SIX FUNDAMENTAL STRATEGIES
    3. REMOVING THE RISK
    4. REDUCING LIKELIHOOD
    5.  
    6. REDUCE IMPACT
    7. CONTINGENCY PLAN
    8. TRANSFER RISK
    9. ACCEPT THE RISK
    10. MORE RESEARCH
    11. RESPONDING TO OPPORTUNITIES
    12. RISK RESPONSE PLAN
    13. RISK REGISTER: RECORDING PLANS ANDASSIGNING RESPONSIBILITIES
  10. Chapter 7 Take Action on Risks
    1. RISK MANAGEMENT PROCESS
    2. RISK OR ISSUE?
    3. RISK MANAGEMENT ROUTINE
    4. RISK REGISTER: DEALING WITHPROGRESS AND CLOSING DOWN RISKS
  11. Chapter 8 Risk Monitoring and Control
    1. MONITORING
    2. REPORTING
    3. CONTROL: DEALING WITH PROBLEMS
    4. CONTROL: SCOPE AND QUALITY CHANGES
    5. CONTROL: TAKING ADVANTAGE OFOPPORTUNITIES
    6. RISK ASSURANCE
  12. Chapter 9 Risk Resilience
    1. SCENARIO PLANNING
    2. CONTINGENCY PLANNING
    3. BUSINESS CONTINUITY
  13. Chapter 10 Involving Stakeholders in Risk Management
    1. STAKEHOLDERS AS A SOURCE OF RISK
    2. STAKEHOLDER ANALYSIS AND PLANNING
    3. STAKEHOLDERS’ ATTITUDES TO RISK
    4. COMMUNICATION STRATEGY AND PLAN
  14. Chapter 11 Appetite for Risk
    1. ORGANISATIONAL APPETITE FOR RISK
    2. PROJECT APPETITE FOR RISK
    3. HOW RISKY IS YOUR PROJECT?
    4. PERSONAL APPETITE FOR RISK
    5. WHICH PROJECTS TO DO?
  15. Chapter 12 The Psychology of Risk
    1. INDIVIDUAL BIASES
    2. CULTURAL THEORY OF RISK
    3. GROUP THINK AND RISKY SHIFT
  16. Chapter 13 Risk Culture
    1. BUILDING A STRONG RISK MANAGEMENTCULTURE
    2. IDENTIFYING AND LEARNING LESSONS
    3. AN OUTSIDE PERSPECTIVE
  17. Conclusion
  18. Appendix A: List of Common Project Risks
    1. WHAT COULD POSSIBLY GO WRONG?
  19. Appendix B: Glossary
  20. Appendix C: Learn More