Practical Risk Management For Epc Design Build Projects

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Practical Risk Management for EPC / Design-Build Projects

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Author : Walter A. Salmon
Publisher : John Wiley & Sons
ISBN 13 : 1119596246
Total Pages : 320 pages
Book Rating : 4.1/5 (195 download)

Book Synopsis Practical Risk Management for EPC / Design-Build Projects by : Walter A. Salmon

Download or read book Practical Risk Management for EPC / Design-Build Projects written by Walter A. Salmon and published by John Wiley & Sons. This book was released on 2020-02-12 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the books on construction risk management concentrate on theoretical approaches to the accurate assessment of the overall risks of taking on a new project. Less attention is paid to the typical risks to which the operational level of a project is exposed and how operational managers should approach those risks during project implementation. This book identifies precisely where the major EPC/Design-Build risks occur within an operational framework and shows how best to deal with those risks. The book attempts to offer practical advice, approaches and tools for dealing with risks to which the various operational departments are exposed.

Practical Risk Management for EPC / Design-Build Projects

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Author : Walter A. Salmon
Publisher : John Wiley & Sons
ISBN 13 : 1119596173
Total Pages : 325 pages
Book Rating : 4.1/5 (195 download)

Book Synopsis Practical Risk Management for EPC / Design-Build Projects by : Walter A. Salmon

Download or read book Practical Risk Management for EPC / Design-Build Projects written by Walter A. Salmon and published by John Wiley & Sons. This book was released on 2020-06-08 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many of the books on construction risk management concentrate on theoretical approaches to the accurate assessment of the overall risks of taking on a new project. Less attention is paid to the typical risks to which the operational level of a project is exposed and how operational managers should approach those risks during project implementation. This book identifies precisely where the major EPC/Design-Build risks occur within an operational framework and shows how best to deal with those risks. The book attempts to offer practical advice, approaches and tools for dealing with risks to which the various operational departments are exposed.

Managing Risk in Construction Projects

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Author : Nigel J. Smith
Publisher : John Wiley & Sons
ISBN 13 : 1118347234
Total Pages : 263 pages
Book Rating : 4.1/5 (183 download)

Book Synopsis Managing Risk in Construction Projects by : Nigel J. Smith

Download or read book Managing Risk in Construction Projects written by Nigel J. Smith and published by John Wiley & Sons. This book was released on 2014-02-03 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry. This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty. The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects. It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP. With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Risk Management in Projects

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Author : Martin Loosemore
Publisher : Taylor & Francis
ISBN 13 : 1134509227
Total Pages : 288 pages
Book Rating : 4.1/5 (345 download)

Book Synopsis Risk Management in Projects by : Martin Loosemore

Download or read book Risk Management in Projects written by Martin Loosemore and published by Taylor & Francis. This book was released on 2012-09-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project managers in construction and civil engineering need to base their decisions on realistic information about risk and public perceptions of risk. This second edition of the original practical and straightforward text retains the easy-to-read format, but has been expanded to encompass the entire risk management process and to give a fuller presentation of how risk is generally perceived. Two new chapters cover risk identification and risk response, and the chapters on risk analysis have been completely reorganized. There is also greater emphasis on the theory behind the principles, and an expanded bibliography is given to guide an exploration of the subject in greater detail. The book demystifies risk management by presenting the subject in simple and practical terms, free of technical jargon, and case studies are used extensively to enliven the text and to illustrate the concepts discussed.

Risk Management in Projects

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Author : Martin Loosemore
Publisher : Routledge
ISBN 13 : 1134509219
Total Pages : 292 pages
Book Rating : 4.1/5 (345 download)

Book Synopsis Risk Management in Projects by : Martin Loosemore

Download or read book Risk Management in Projects written by Martin Loosemore and published by Routledge. This book was released on 2012-09-10 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project managers in construction and civil engineering need to base their decisions on realistic information about risk and public perceptions of risk. This second edition of the original practical and straightforward text retains the easy-to-read format, but has been expanded to encompass the entire risk management process and to give a fuller presentation of how risk is generally perceived. Two new chapters cover risk identification and risk response, and the chapters on risk analysis have been completely reorganized. There is also greater emphasis on the theory behind the principles, and an expanded bibliography is given to guide an exploration of the subject in greater detail. The book demystifies risk management by presenting the subject in simple and practical terms, free of technical jargon, and case studies are used extensively to enliven the text and to illustrate the concepts discussed.

Practical Risk Management in the Construction Industry

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Author : Leslie Edwards
Publisher : Thomas Telford
ISBN 13 : 9780727720641
Total Pages : 148 pages
Book Rating : 4.7/5 (26 download)

Book Synopsis Practical Risk Management in the Construction Industry by : Leslie Edwards

Download or read book Practical Risk Management in the Construction Industry written by Leslie Edwards and published by Thomas Telford. This book was released on 1995-05-04 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until now there has been little information available to engineers to help them assimilate quickly the basic theories and practice of risk management; nor has information been widely available on the risk assessments actually produced and the risk management undertaken by those working in the construction industry . Previous books and articles on risk management have been either academic works with little practical civil engineering content or highly detailed reports which focus on specialised applications. Practical Risk Management in the Construction Industry provides engineers with an easily understandable overview of the risk management procedures that are applicable generally to commercial organizations, the risks that might arise particularly in construction and, by the use of practical examples, how those risks can be managed.

Risk Management in Engineering and Construction

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Author : Stephen Ogunlana
Publisher : Routledge
ISBN 13 : 1134019297
Total Pages : 458 pages
Book Rating : 4.1/5 (34 download)

Book Synopsis Risk Management in Engineering and Construction by : Stephen Ogunlana

Download or read book Risk Management in Engineering and Construction written by Stephen Ogunlana and published by Routledge. This book was released on 2019-09-09 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today’s businesses are driven by customer ‘pull’ and technological ‘push’. To remain competitive in this dynamic business world, engineering and construction organizations are constantly innovating with new technology tools and techniques to improve process performance in their projects. Their management challenge is to save time, reduce cost and increase quality and operational efficiency. Risk management has recently evolved as an effective method of managing both projects and operations. Risk is inherent in any project, as managers need to plan projects with minimal knowledge and information, but its management helps managers to become proactive rather than reactive. Hence, it not only increases the chance of project achievement, but also helps ensure better performance throughout its operations phase. Various qualitative and quantitative tools are researched extensively by academics and routinely deployed by practitioners for managing risk. These have tremendous potential for wider applications. Yet the current literature on both the theory and practice of risk management is widely scattered. Most of the books emphasize risk management theory but lack practical demonstrations and give little guidance on the application of those theories. This book showcases a number of effective applications of risk management tools and techniques across product and service life in a way useful for practitioners, graduate students and researchers. It also provides an in-depth understanding of the principles of risk management in engineering and construction.

Risk Management for Design and Construction

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Author : Ovidiu Cretu
Publisher : John Wiley & Sons
ISBN 13 : 1118028635
Total Pages : 288 pages
Book Rating : 4.1/5 (18 download)

Book Synopsis Risk Management for Design and Construction by : Ovidiu Cretu

Download or read book Risk Management for Design and Construction written by Ovidiu Cretu and published by John Wiley & Sons. This book was released on 2011-05-04 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential risk assessment guide for civil engineering, design, and construction Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk. Highlights include: Integrated cost and schedule risk analysis An introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risks A methodology that was developed and used by the Washington State Department of Transportation Case studies and examples on the proper application of principles Information about combining value analysis with risk analysis "This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance." JOHN MILTON, PHD, PE Director of Enterprise Risk Management, Washington State Department of Transportation

Project Risk and Opportunity Management

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

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.

Engineering Construction Risks

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Author : Peter Allan Thompson
Publisher : Thomas Telford
ISBN 13 : 9780727716651
Total Pages : 86 pages
Book Rating : 4.7/5 (166 download)

Book Synopsis Engineering Construction Risks by : Peter Allan Thompson

Download or read book Engineering Construction Risks written by Peter Allan Thompson and published by Thomas Telford. This book was released on 1992 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk analysis and management - an overview. When to apply risk management. Quantitative techniques for project risk analysis. Risk in estimating. Contract stategy...

Project Management for Engineering and Construction: A Life-Cycle Approach, Fourth Edition

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Author : Garold D. Oberlender
Publisher : McGraw Hill Professional
ISBN 13 : 1264268459
Total Pages : 451 pages
Book Rating : 4.2/5 (642 download)

Book Synopsis Project Management for Engineering and Construction: A Life-Cycle Approach, Fourth Edition by : Garold D. Oberlender

Download or read book Project Management for Engineering and Construction: A Life-Cycle Approach, Fourth Edition written by Garold D. Oberlender and published by McGraw Hill Professional. This book was released on 2022-07-15 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: A completely updated guide to engineering and construction project management This up-to-date guide presents highly effective strategies for managing engineering and construction projects from the initial conceptual stage, to design and construction, all the way to completion. Reorganized to mirror the chronology of a real-world job, Project Management for Engineering and Construction: A Life-Cycle Approach, Fourth Edition addresses all phases of the project lifecycle. You will get field-ready tactics to manage the scope, budget, and schedule of a construction project, starting at the very earliest steps of the process. Coverage includes: Project initiation Preliminary development Work plan development Team selection and development Document control Early estimates Project budgeting Risk assessment and analysis Design proposals Project planning and scheduling Design coordination Construction phase Monitoring and reporting Project close out Project management skills

Managing Project Risk

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Author : James B. Atkins
Publisher : John Wiley & Sons
ISBN 13 : 047027381X
Total Pages : 272 pages
Book Rating : 4.4/5 (72 download)

Book Synopsis Managing Project Risk by : James B. Atkins

Download or read book Managing Project Risk written by James B. Atkins and published by John Wiley & Sons. This book was released on 2008-04-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the benefits of effective risk management practices Risk management may not be a standard course in architecture school, but it is an essential concern for architects and related professionals working today. Managing Project Risk is a key resource for integrating good risk management into professional practice. Based on a popular series of articles in AIArchitect, this accessible volume offers an on-the-ground perspective of what can happen on the job and what architects can do to prevent or mitigate threatening conditions and events. With an engaging, non-legalistic style, authors Atkins and Simpson draw upon their considerable experience and upon AIA Contract Documents to show how sound risk management strategies work in a variety of real-world settings, covering such practical areas as: * Risk management fundamentals * Contracts * Relationships with clients * Understanding the architect's role in the project * Risk issues with digital drawings * The modern architectural workplace Rendering potentially dry topics lively with wit and anecdote, Managing Project Risk resonates with the experience of contemporary architects, while offering helpful suggestions applicable not only to risk management but also to project management and professional development.

Risk Management

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Author : Catherine Boothroyd
Publisher :
ISBN 13 : 9781856091206
Total Pages : 51 pages
Book Rating : 4.0/5 (912 download)

Book Synopsis Risk Management by : Catherine Boothroyd

Download or read book Risk Management written by Catherine Boothroyd and published by . This book was released on 1996-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Risk Management for Design and Construction

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Author : Ovidiu Cretu
Publisher : John Wiley & Sons
ISBN 13 : 047063538X
Total Pages : 288 pages
Book Rating : 4.4/5 (76 download)

Book Synopsis Risk Management for Design and Construction by : Ovidiu Cretu

Download or read book Risk Management for Design and Construction written by Ovidiu Cretu and published by John Wiley & Sons. This book was released on 2011-06-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential risk assessment guide for civil engineering, design, and construction Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk. Highlights include: Integrated cost and schedule risk analysis An introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risks A methodology that was developed and used by the Washington State Department of Transportation Case studies and examples on the proper application of principles Information about combining value analysis with risk analysis "This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance." —JOHN MILTON, PHD, PE Director of Enterprise Risk Management, Washington State Department of Transportation

Project Scope Management

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Author : Jamal Moustafaev
Publisher : CRC Press
ISBN 13 : 1482259486
Total Pages : 368 pages
Book Rating : 4.4/5 (822 download)

Book Synopsis Project Scope Management by : Jamal Moustafaev

Download or read book Project Scope Management written by Jamal Moustafaev and published by CRC Press. This book was released on 2014-12-03 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incomplete or missed requirements, omissions, ambiguous product features, lack of user involvement, unrealistic customer expectations, and the proverbial scope creep can result in cost overruns, missed deadlines, poor product quality, and can very well ruin a project. Project Scope Management: A Practical Guide to Requirements for Engineering, Product, Construction, IT and Enterprise Projects describes how to elicit, document, and manage requirements to control project scope creep. It also explains how to manage project stakeholders to minimize the risk of an ever-growing list of user requirements. The book begins by discussing how to collect project requirements and define the project scope. Next, it considers the creation of work breakdown structures and examines the verification and control of the scope. Most of the book is dedicated to explaining how to collect requirements and how to define product and project scope inasmuch as they represent the bulk of the project scope management work undertaken on any project regardless of the industry or the nature of the work involved. The book maintains a focus on practical and sensible tools and techniques rather than academic theories. It examines five different projects and traces their development from a project scope management perspective—from project initiation to the end of the execution and control phases. The types of projects considered include CRM system implementation, mobile number portability, port upgrade, energy-efficient house design, and airport check-in kiosk software. After reading this book, you will learn how to create project charters, high-level scope, detailed requirements specifications, requirements management plans, traceability matrices, and a work breakdown structure for the projects covered.

Construction Risk Management Decision Making

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Author : Alex C. Arthur
Publisher : John Wiley & Sons
ISBN 13 : 1119693020
Total Pages : 436 pages
Book Rating : 4.1/5 (196 download)

Book Synopsis Construction Risk Management Decision Making by : Alex C. Arthur

Download or read book Construction Risk Management Decision Making written by Alex C. Arthur and published by John Wiley & Sons. This book was released on 2021-12-01 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: CONSTRUCTION RISK MANAGEMENT DECISION MAKING Explores the relevance of systems thinking and behavioral science in construction risk management Effective risk management is a vital component of all successful construction projects. Although quantitative tools for evaluating data and minimizing risk are readily available, construction managers commonly adopt a more innate, experience-based approach. In Construction Risk Management Decision Making, project manager and senior consultant Alex C. Arthur provides step-by-step advice on assessing and prioritizing risk using qualitative decision-making systems in the construction industry. Incorporating key theories and concepts from systems thinking and behavioral science, this highly practical guide focuses on the behavior patterns of real people in the industry, rather than complex quantitative techniques and data. Concise, easy-to-understand chapters highlight the current practices of construction risk management while helping readers view risk and decision making from a broader perspective. Throughout the book, the author presents invaluable insights into the ways construction professionals think and behave in the real world. Addresses the actual risk management practices of construction professionals Applies human behavioral theories to the study of construction risk management decision making Illustrates the highly intuitive approaches prevalent in various construction projects Features real-life case studies and practical examples throughout Construction Risk Management Decision Making is an excellent textbook for advanced students in project management, engineering, construction, and surveying courses, and a must-have guide for practitioners of construction management, surveying, and architecture.

Risk Management in Projects

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Author : Martin Loosemore
Publisher : Taylor & Francis
ISBN 13 : 9780415260558
Total Pages : 296 pages
Book Rating : 4.2/5 (65 download)

Book Synopsis Risk Management in Projects by : Martin Loosemore

Download or read book Risk Management in Projects written by Martin Loosemore and published by Taylor & Francis. This book was released on 2006 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This expanded new edition covers the entire risk management process to give a full presentation of how risk is perceived by the public. It demystifies risk management, examining the subject in simple and practical terms, with no technical jargon.