A Holistic Approach to the Management of Risk and Value in Project Management

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (594 download)

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Book Synopsis A Holistic Approach to the Management of Risk and Value in Project Management by : Devadass Pilly Mootanah

Download or read book A Holistic Approach to the Management of Risk and Value in Project Management written by Devadass Pilly Mootanah and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Risk Management

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Publisher : CRC Press
ISBN 13 : 0429798563
Total Pages : 478 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Risk Management by : Carl L. Pritchard, PMP, PMI-RMP, EVP

Download or read book Risk Management written by Carl L. Pritchard, PMP, PMI-RMP, EVP and published by CRC Press. This book was released on 2014-12-17 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Risk Management: Concepts and Guidance supplies a look at risk in light of current information, yet remains grounded in the history of risk practice. Taking a holistic approach, it examines risk as a blend of environmental, programmatic, and situational concerns. Supplying comprehensive coverage of risk management tools, practices, and protocols, the book presents powerful techniques that can enhance organizational risk identification, assessment, and management—all within the project and program environments. Updated to reflect the Project Management Institute’s A Guide to the Project Management Body of Knowledge (PMBOK® Guide), Fifth Edition, this edition is an ideal resource for those seeking Project Management Professional and Risk Management Professional certification. Emphasizing greater clarity on risk practice, this edition maintains a focus on the ability to apply "planned clairvoyance" to peer into the future. The book begins by analyzing the various systems that can be used to apply risk management. It provides a fundamental introduction to the basics associated with particular techniques, clarifying the essential concepts of risk and how they apply in projects. The second part of the book presents the specific techniques necessary to successfully implement the systems described in Part I. The text addresses project risk management from the project manager’s perspective. It adopts PMI’s perspective that risk is both a threat and an opportunity, and it acknowledges that any effective risk management practice must look at the potential positive events that may befall a project, as well as the negatives. Providing coverage of the concepts that many project management texts ignore, such as the risk response matrix and risk models, the book includes appendices filled with additional reference materials and supporting details that simplifying some of the most complex aspects of risk management.

Construction Project Management

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Publisher : Routledge
ISBN 13 : 1351122010
Total Pages : 618 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis Construction Project Management by : Peter Fewings

Download or read book Construction Project Management written by Peter Fewings and published by Routledge. This book was released on 2019-03-21 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction Project Management: An Integrated Approach is a management approach to leading projects and the effective choice and use of project management tools and techniques. It seeks to push the boundaries of project management to take on board future needs and user issues. Integration of the construction project, meaning closer relations between the project team, the supply chain and the client, is long overdue; however, despite some signs of growth in this area, the industry nonetheless remains fragmented in its approach. The role of the project manager is to integrate diverse interests and unify objectives to achieve a common goal. This has now broadened to include a responsibility, on the parts of both client and team, to ensure that construction addresses current and future societal needs. From an economic perspective, a great deal of waste is connected with conflict, thus a holistic approach that increases the efficiency and effectiveness of the task at hand will inject energy into project management. This third edition now takes on board the impact of technology in building information modelling and other digitised technologies such as artificial intelligence. Together, they open up avenues for more direct and incisive action to test creative design, manufacture directly and communicate spontaneously and intuitively. In time, such technologies will change the role of project managers but will never take away their responsibility to be passionate about construction and to integrate the team. A new chapter has been added that considers future societal needs. This edition is also reordered to make the project life cycle and process chapters clearer. This book combines best practice in construction with the theories underpinning project management and presents a wealth of practical case studies – many new. It focuses on all construction disciplines that may manage projects. The book is of unique value to students in the later years of undergraduate courses and those on specialist postgraduate courses in project management and also for practitioners in all disciplines and clients who have experienced the frustration caused by the fragmentation of construction projects.

Project Management – a Holistic Approach

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Publisher : Partridge Publishing Singapore
ISBN 13 : 154375841X
Total Pages : 110 pages
Book Rating : 4.5/5 (437 download)

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Book Synopsis Project Management – a Holistic Approach by : Dr HO Kim Hin / David

Download or read book Project Management – a Holistic Approach written by Dr HO Kim Hin / David and published by Partridge Publishing Singapore. This book was released on 2020-06-02 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: There's no available information at this time. Author will provide once information is available.

Project Risk Management

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Publisher : Project Management Institute
ISBN 13 : 9781628251159
Total Pages : 0 pages
Book Rating : 4.2/5 (511 download)

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Book Synopsis Project Risk Management by : Mike Bissonette

Download or read book Project Risk Management written by Mike Bissonette and published by Project Management Institute. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: « There is no question that risk management is critical for project success. In today's fast-paced, constantly changing, and highly competitive environment, risk management is more important than ever in all industries across the globe. Risk management should therefore be considered a vital component of any project management practitioner's training. In 'Project Risk Management: A Practical Implementation Approach, ' Mike Bissonette provides insights into the best ways of implementing traditional techniques of risk management and also explores innovative methods that can help modern organizations build their culture, improve financial performance, and ultimately achieve greater success in all their projects. This holistic approach to risk management expands on the subject by considering how project manager competencies, as well as stakeholder influences, affect risk not only at the individual project level, but also at the program and portfolio levels, offering a long view on continuous improvement of organizational excellence. »--

Managing Project Risk and Uncertainty

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Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 520 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Managing Project Risk and Uncertainty by : Chris Chapman

Download or read book Managing Project Risk and Uncertainty written by Chris Chapman and published by John Wiley & Sons. This book was released on 2002-10-11 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title confidently puts forward a practical, new approach to decision making in an uncertain business world. Many variables are accounted for and the authors are innovative in integrating previous types of decision-making approaches with a more fluid, and therefore realistic model that can be applied across a wide range of contexts and decisions. A new title on a important topic that not only stands well on its own, but also complements Chapman and Ward's previous title Project Risk Management. This book is practical and rigorous yet written in an engaging way. It is perfect for courses, or to be used by practitioners.

Project Management For Dummies

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Publisher : John Wiley & Sons
ISBN 13 : 1119869811
Total Pages : 487 pages
Book Rating : 4.1/5 (198 download)

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Book Synopsis Project Management For Dummies by : Jonathan L. Portny

Download or read book Project Management For Dummies written by Jonathan L. Portny and published by John Wiley & Sons. This book was released on 2022-04-19 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improve your project management skills and accomplish more in no time at all In these days when projects seem to be bigger and more challenging than ever before, you need to make sure tasks stay on track, meet the budget, and keep everyone in the loop. Enter Project Management For Dummies. This friendly guide starts with the basics of project management and walks you through the different aspects of leading a project to a successful finish. After you've navigated your way through a couple of projects, you'll have the confidence to tackle even bigger (and more important) projects! In addition to explaining how to manage projects in a remote work environment, the book offers advice on identifying the right delivery approach, using social media in project management, and deploying agile project management. You'll also discover: What's new in project management tools and platforms so you can choose the best application for your team How to perfect your project management business document with an emphasis on strategy and business knowledge Details on the shift from process-based approaches to more holistic, principle-based strategies focused on project outcomes Examples of how to turn the strategies into smooth-flowing processes Best practices and suggestions for dealing with difficult or unexpected situations If you're planning to enroll in a project management course or take the Project Management Professionals Certification exam, Project Management For Dummies is the go-to resource to help you prepare. And if you simply want to improve your outcomes, this handy reference will have you and your team completing project goals like ninjas!

Risk Management

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Publisher : Auerbach Publications
ISBN 13 : 9781032340203
Total Pages : 0 pages
Book Rating : 4.3/5 (42 download)

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Book Synopsis Risk Management by : PMP Pritchard

Download or read book Risk Management written by PMP Pritchard and published by Auerbach Publications. This book was released on 2022-07-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Risk Management: Concepts and Guidance supplies a look at risk in light of current information, yet remains grounded in the history of risk practice. Taking a holistic approach, it examines risk as a blend of environmental, programmatic, and situational concerns. Supplying comprehensive coverage of risk management tools, practices, and protocols, the book presents powerful techniques that can enhance organizational risk identification, assessment, and management--all within the project and program environments. Updated to reflect the Project Management Institute's A Guide to the Project Management Body of Knowledge (PMBOK(R) Guide), Fifth Edition, this edition is an ideal resource for those seeking Project Management Professional and Risk Management Professional certification. Emphasizing greater clarity on risk practice, this edition maintains a focus on the ability to apply "planned clairvoyance" to peer into the future. The book begins by analyzing the various systems that can be used to apply risk management. It provides a fundamental introduction to the basics associated with particular techniques, clarifying the essential concepts of risk and how they apply in projects. The second part of the book presents the specific techniques necessary to successfully implement the systems described in Part I. The text addresses project risk management from the project manager's perspective. It adopts PMI's perspective that risk is both a threat and an opportunity, and it acknowledges that any effective risk management practice must look at the potential positive events that may befall a project, as well as the negatives.Providing coverage of the concepts that many project management texts ignore, such as the risk response matrix and risk models, the book includes appendices filled with additional reference materials and supporting details that simplifying some of the most complex aspects of risk management.

Construction Project Management

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Publisher : Routledge
ISBN 13 : 1136827625
Total Pages : 626 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Construction Project Management by : Peter Fewings

Download or read book Construction Project Management written by Peter Fewings and published by Routledge. This book was released on 2013-05-07 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the project manager continues to evolve, presenting new challenges to established practitioners and those entering the field for the first time. This second edition of Peter Fewings' groundbreaking textbook has been thoroughly revised to recognise the increasing importance of sustainability and lean construction in the construction industry. It also tackles the significance of design management, changing health and safety regulation, leadership and quality for continuous improvement of the service and the product. Using an integrated project management approach, emphasis is placed on the importance of effectively handling external factors in order to best achieve an on-schedule, on-budget result, as well as good negotiation with clients and skilled team leadership. Its holistic approach provides readers with a thorough guide in how to increase efficiency and communication at all stages while reducing costs, time and risk. Short case studies are used throughout the book to illustrate different tools and techniques. Combining the theories underpinning best practice in construction project management, with a wealth of practical examples, this book is uniquely valuable for practitioners and clients as well as undergraduate and graduate students for construction project management.

Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management

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Publisher : IGI Global
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.3/5 (693 download)

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Book Synopsis Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management by : Bubevski, Vojo

Download or read book Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management written by Bubevski, Vojo and published by IGI Global. This book was released on 2024-05-01 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's fast-paced business environment, project managers face the daunting challenge of managing risk effectively amid uncertainty. Traditional project management methodologies often lag, leading to missed deadlines, cost overruns, and subpar outcomes. A comprehensive risk management framework is necessary for organizations to be protected from fate's whims, hindering their ability to achieve strategic objectives. The DMAIC Stochastic Method is a groundbreaking approach that combines Six Sigma principles with stochastic modeling to revolutionize project risk management. Novel Six Sigma DMAIC Approaches to Project Risk Assessment and Management is a guidebook for implementing the DMAIC Stochastic Method in project management. This innovative methodology provides a systematic way of identifying, assessing, and mitigating risks, ensuring that projects stay on track and deliver the desired results. By integrating deterministic and stochastic models, the DMAIC Stochastic Method offers a more holistic view of risk, enabling managers to make informed decisions and proactively address potential issues.

Value-Driven Project Management

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Publisher : John Wiley & Sons
ISBN 13 : 1118174429
Total Pages : 288 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Value-Driven Project Management by : Harold Kerzner

Download or read book Value-Driven Project Management written by Harold Kerzner and published by John Wiley & Sons. This book was released on 2011-08-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the traditional view of project management, if a project manager completed a project and had adhered to the triple constraints of time, cost, and performance, the project was considered a success. Today, in the eyes of the customer and the parent or sponsoring company, if a completed project did not deliver its anticipated value, it would be seen as a failure. Today's changing economic climate, marked by an increasingly competitive global environment, is driving project managers to become more business oriented. Projects must now be viewed from a strategic perspective within the context of a business or enterprise that needs to provide value to both the customer and the organization itself. As a result, project managers are now required to possess the skills to complete a project within certain specifications, and also know how to create and deliver value. Responding to the needs of today's project managers, Value-Driven Project Management begins by changing the paradigm of project management. Rather than judge the success of a project from the perspectives of time, budget, and quality, the authors demonstrate why success is only achieved when planned business values are met, including: Internal value Financial value Future value Customer-related value The authors also offer best practices that allow you and your organization to create additional value in efficiency, customer satisfaction, and enhanced products and services. Finally, the book helps you incorporate value into clearly defined business objectives and "sell" the value-driven process to executives. Throughout the book, helpful illustrations clarify complex concepts and processes. Assigning valuable resources to projects that don't provide some tangible form of value to the organization and to the client is poor management and poor decision-making. On the other hand, selecting and implementing projects that will deliver value and an acceptable return on investment is effective management and decision-making, but is very challenging, especially when a project may not provide its target value for years to come. With Value-Driven Project Management in hand, you'll discover the tools you need to ensure that projects deliver true value upon their completion.

Project Risk and Opportunity Management

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Publisher : Routledge
ISBN 13 : 0429773404
Total Pages : 141 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Project Risk and Opportunity Management by : Agnar Johansen

Download or read book Project Risk and Opportunity Management written by Agnar Johansen and published by Routledge. This book was released on 2019-03-29 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective risk and opportunity management is key to the successful delivery of any major engineering and construction project. This book looks at how all those involved can manage risk and capitalise on the opportunities that uncertainty present. The authors of this book highlight that uncertainties should be managed rather than avoided. This book will look at simple projects with a small team, to megaprojects where some hundreds of people are involved, and the consequences of delays or unforeseen costs. However, while the obvious risks can be planned for, the authors argue that it is often the opportunities in these situations that can have unexploited potential. This book is about opportunity management seen from the owner’s perspective. It will be an invaluable resource for those studying Engineering both undergraduate and postgraduate and set out ways in which projects should be managed from planning to completion. This book is also a great tool for those working in project management and the construction industry. While there are many books that demonstrate effective construction management, this book is the first of its kind to emphasise that there is opportunity in uncertainty, and possibility in the unexpected.

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

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Publisher : IGI Global
ISBN 13 : 152251791X
Total Pages : 523 pages
Book Rating : 4.5/5 (225 download)

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Book Synopsis Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management by : Raydugin, Yuri

Download or read book Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management written by Raydugin, Yuri and published by IGI Global. This book was released on 2016-11-29 with total page 523 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Risk Analysis in Project Management

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Publisher : Routledge
ISBN 13 : 1135826293
Total Pages : 148 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Risk Analysis in Project Management by : J. Raftery

Download or read book Risk Analysis in Project Management written by J. Raftery and published by Routledge. This book was released on 2003-09-02 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demystifies risk analysis and enables decision makers to improve the quality of their judgements by providing more realistic information on which to base decisions. With a practical approach, minimising jargon, mathematics and academic references, the author provides practitioners with clear descriptions of the nature of risk and risk attitude. He also describes techniques of analysis and assesses their strengths and weaknesses.

An Introduction to Value Assurance

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781480011953
Total Pages : 0 pages
Book Rating : 4.0/5 (119 download)

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Book Synopsis An Introduction to Value Assurance by : Martyn R. Phillips

Download or read book An Introduction to Value Assurance written by Martyn R. Phillips and published by Createspace Independent Publishing Platform. This book was released on 2012-12-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is an easy-to-read and brief, yet very informative, guide to improving performance and outcomes for executives and senior managers. Value Assurance (VA) is an overarching, business and functional performance improvement process. It is particularly effective for guiding business change initiatives, such as new systems to increase performance, as well as complex capital endeavors that will bring about significant or rapid change. So often, many programs and major projects (including products, systems and services) have failed to produce their expected performance. This can be due to a combination of ill-defined expectations, flawed planning and absence of appropriate controls, along with shifting managerial direction and waning stakeholder support. Despite a whole array of available management processes, tools and techniques, there is a general need for better coordination of the use of the various, accepted approaches to program, project, risk and value management. VA is a navigational and decision-enabling aid that establishes strategic direction and optimizes use of corporate resources as well as maximizing performance gains, shareholder returns and wider stakeholder satisfaction. It ensures balanced solutions and is applicable to both "hard" and "soft" types of endeavours. VA provides an integrated approach to developing and controlling programs, projects, products, systems, or services. The process is applied for the entire duration of a program from inception, through development and installation, to operation and final disposition. This is accomplished particularly through better coordination of the use of various accepted methods such as program, project, risk and value management, as well as other related tools and techniques. VA guides the setting of realistic targets and focuses on aspects that are most worthwhile, especially in terms of time, resources and return on investment. It provides a pro-active, holistic and systematic way of guiding team consensus-building and driving best value, through an end-to-end program / project delivery, planning and assurance mechanism. Key components of VA are strategic alignment, concept engineering, risk management, decision analysis, stage readiness assessments, value profiling & indexing, value improvement, program/project assurance, change management and systems optimization, along with other management tools as appropriate. This booklet introduces a creative/opportunity-based approach derived by integrating various management methods. Its purpose is to inspire a pro-active, holistic and systematic way of group thinking for driving best value, - through an end-to-end program/project planning, delivery and assurance mechanism.

Cost and Value Management in Projects

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Publisher : John Wiley & Sons
ISBN 13 : 1119933544
Total Pages : 405 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis Cost and Value Management in Projects by : Ray R. Venkataraman

Download or read book Cost and Value Management in Projects written by Ray R. Venkataraman and published by John Wiley & Sons. This book was released on 2023-04-11 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost and Value Management in Projects Project manager’s guide to achieving cost efficiency and value optimization—thoroughly updated with new cases, examples, and problem sets The newly revised and updated Second Edition of Cost and Value Management in Projects provides project managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them and the managerial approaches for achieving cost efficiency and value optimization. Whereas most cost management books discuss the topic from a tactical perspective, such as through the use of simple budgeting or Earned Value Analysis, this Second Edition addresses cost from a strategic perspective, examining project management decision areas that have the potential to enhance value and providing an integrated framework for managing cost. The Second Edition includes updates to key topic areas such as project benefits realization, updated end-of-chapter exercises such as discussion questions and problem sets, updated case studies, and new spreadsheet analytic techniques and examples. Written by two highly qualified authors with significant experience in the field, Cost and Value Management in Projects includes information on: Value management through value planning, engineering, and analysis from the perspective of projects, and best practices on how to avoid common pitfalls in managing cost and value Organization strategy and project selection, organization structure and culture, project definition (and contracts), and estimating project times and cost Developing project plans and schedules, managing risk, scheduling resources and cost, reducing project duration, leadership, performance measurement, and project closure Attainment of value in complex environmental settings and benefits of effective project management Cost and Value Management in Projects is an essential resource on the subject for stakeholders at all corporate and government levels, including executives measuring performance, middle level corporate managers, project and team managers, engineers, project team members, and business consultants, along with students in related programs of study.

The Wiley Guide to Project Control

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Publisher : John Wiley & Sons
ISBN 13 : 1118000293
Total Pages : 240 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis The Wiley Guide to Project Control by : Peter Morris

Download or read book The Wiley Guide to Project Control written by Peter Morris and published by John Wiley & Sons. This book was released on 2010-09-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Timely and accessible content on the traditional project management activities of control, risk, time and cost, and quality and value The Wiley Guides to the Management of Projects address critical, need-to-know information that will help professionals successfully manage projects in most businesses and help students learn the best practices of the industry. They contain not only well-known and widely used basic project management practices but also the newest and most cutting-edge concepts in the broader theory and practice of managing projects. This second book in the series explains the "traditional" project management activities of control, risk, time, cost, and quality. The expert contributors show that project control represents more than the simple evaluation of project performance. They detail the principles of project time and cost control and offer a detailed review of critical chain project management. In addition, they provide a framework for project performance measurement, show how to make risk management more effective, and tell how to improve quality management. Touching on all of the fundamental levers of project control, this book will prove to be a comprehensive "owner's manual" for project and team managers, project team members, engineers, business consultants, and all those involved in any aspect of project management. Complete your understanding of project management with these other books in The Wiley Guides to the Management of Projects series: * The Wiley Guide to Project Organization & Project Management Competencies * The Wiley Guide to Project Technology, Supply Chain & Procurement Management * The Wiley Guide to Project, Program & Portfolio Management