Risk And Procurement In Project Management

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Mastering Risk and Procurement in Project Management

Author : Randal Wilson
Publisher : Pearson Education
ISBN 13 : 0133837904
Total Pages : 289 pages
Book Rating : 4.1/5 (338 download)

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Book Synopsis Mastering Risk and Procurement in Project Management by : Randal Wilson

Download or read book Mastering Risk and Procurement in Project Management written by Randal Wilson and published by Pearson Education. This book was released on 2015 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective risk management and procurement are crucial to project success. Unfortunately, many managers have spent relatively little time mastering these essential elements of the project management discipline, and many books on the subject treat these issues only lightly, if at all. In Mastering Risk and Procurement in Project Management, expert project manager and seasoned professor Randal Wilson focuses specifically on these essential techniques. Wilson addresses every stage of the project where risk management and procurement are relevant, especially planning, monitoring, and control. Teaching through the use of relevant examples and case studies, Wilson explains why risk management and procurement are so important to project success, illuminates the deep linkages amongst these tasks, shows how to avoid common pitfalls, and introduces best practice methodologies for integrating them throughout your business 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.

Procurement Project Management Success

Author : Diana Lindstrom
Publisher : J. Ross Publishing
ISBN 13 : 1604270896
Total Pages : 319 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Procurement Project Management Success by : Diana Lindstrom

Download or read book Procurement Project Management Success written by Diana Lindstrom and published by J. Ross Publishing. This book was released on 2014-01-14 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: “For the first time, the basic steps and skill set required for successful project management is specifically adapted to the procurement process. Procurement Project Management Success is a practical guide that will help purchasing professionals manage their procurements in a cost-effective, systematic, and timely manner.” —Sherry R. Gordon, President, Value Chain Group LLC Based on the author’s real world experience during the course of her career in supply management, engineering, and as a project management professional, this unique guide demonstrates a practical and proven approach to using project management strategies, tools, and techniques to consistently create successful procurement practices that go beyond mere cost savings. Procurement Project Management Success integrates supply management best practices and processes with those applicable from the field of project management. It explains how to initiate, plan, manage, and complete both simple and complex procurement projects successfully. Through the use of scheduling, communication plans, risk management and other project management processes, these procurements satisfy stakeholders by setting expectations, continuously communicating status, and getting the best value for the dollar. This book shows project managers all the steps and processes used in procurement, and details for procurement professionals how adding and applying a few project management processes and techniques to their skill set can substantially improve both their company’s results and their career opportunities.

Project Risk Management Guidelines

Author : Dale Cooper
Publisher : Wiley
ISBN 13 : 9780470022818
Total Pages : 0 pages
Book Rating : 4.0/5 (228 download)

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Book Synopsis Project Risk Management Guidelines by : Dale Cooper

Download or read book Project Risk Management Guidelines written by Dale Cooper and published by Wiley. This book was released on 2004-11-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes philosophies, principles, practices and techniques for managing risk in projects and procurements, with a particular focus on complex or large-scale activities. The authors cover the basics of risk management in the context of project management, and outline a step-by-step approach. They then extend this approach into specialised areas of procurement (including tender evaluation, outsourcing and Public-Private Partnerships), introducing technical risk assessment tools and processes for environmental risk management. Finally they consider quantitative methods and the way they can be used in large projects. International case studies are included throughout.

A Short Guide to Procurement Risk

Author : Mr Richard Russill
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409458741
Total Pages : 148 pages
Book Rating : 4.4/5 (94 download)

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Book Synopsis A Short Guide to Procurement Risk by : Mr Richard Russill

Download or read book A Short Guide to Procurement Risk written by Mr Richard Russill and published by Gower Publishing, Ltd.. This book was released on 2012-09-28 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasingly, top executives view supply markets as sources of competitive advantage and as means of achieving strategic objectives. Procurement is the management activity that makes this happen, and this process depends on a superior risk management capability if it is be effective. Yet, despite its importance, Procurement Risk Management is surprisingly under-developed. Recent Global Risk surveys have pinpointed Supply Chain Vulnerability as one of the four key global risks for the next decade. What is less well known is that this is only half of the story … risk exposures also exist inside the company and can be just as damaging. No company is an island; it needs suppliers as well as customers. Conventional wisdom puts great emphasis on managing certain aspects of business such as customers; operations; strategy and finances. Typically, however, much less regard is paid to external suppliers and the risks present in dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enable the company to feed its business model. When done well, a risk-aware procurement process provides the bonus of competitive advantage, with the ability to capitalise, on the occurrence of unexpected events. This short guide explains just how to do it. Each chapter explores the topic in hand, outlines the risks and the remedies available and offers guidance on the principles and risk prevention.

Practical Guide to Project Planning

Author : Ricardo Viana Vargas
Publisher : CRC Press
ISBN 13 : 1420045059
Total Pages : 234 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Practical Guide to Project Planning by : Ricardo Viana Vargas

Download or read book Practical Guide to Project Planning written by Ricardo Viana Vargas and published by CRC Press. This book was released on 2007-10-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical Guide to Project Planning is filled with project documents and templates ready to use for planning and managing project. It explains project analysis and modeling techniques so these documents and templates can be used for effective project management. In addition, the book is also a guide to best practices that comply with the PMI

Identifying and Managing Project Risk

Author : Tom Kendrick
Publisher : AMACOM
ISBN 13 : 0814413412
Total Pages : 370 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Identifying and Managing Project Risk by : Tom Kendrick

Download or read book Identifying and Managing Project Risk written by Tom Kendrick and published by AMACOM. This book was released on 2009-02-27 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Project Management Institute’s David I. Cleland Project Management Literature Award 2010 It’s no wonder that project managers spend so much time focusing their attention on risk identification. Important projects tend to be time constrained, pose huge technical challenges, and suffer from a lack of adequate resources. Identifying and Managing Project Risk, now updated and consistent with the very latest Project Management Body of Knowledge (PMBOK)® Guide, takes readers through every phase of a project, showing them how to consider the possible risks involved at every point in the process. Drawing on real-world situations and hundreds of examples, the book outlines proven methods, demonstrating key ideas for project risk planning and showing how to use high-level risk assessment tools. Analyzing aspects such as available resources, project scope, and scheduling, this new edition also explores the growing area of Enterprise Risk Management. Comprehensive and completely up-to-date, this book helps readers determine risk factors thoroughly and decisively...before a project gets derailed.

Project Procurement Management

Author : Quentin W. Fleming
Publisher : Project Management Institute
ISBN 13 : 162825629X
Total Pages : 377 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Project Procurement Management by : Quentin W. Fleming

Download or read book Project Procurement Management written by Quentin W. Fleming and published by Project Management Institute. This book was released on 2019-01-28 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not all project procurements are the same. Unless the project carefully makes an assessment of the items it will make, versus the items it will buy, and then adequately plans for these purchases, the risks of performance will increase. Project procurements are simply sub-projects, which need to be managed well, not blindly delegated to an independent organization to buy for the project. Certain procurements, major complexity developments, creating something new, which does not exist, according to the project's unique specification, must be managed by the project team, and supported by the professional procurement organization. The project's team leader must assume the management responsibility. This book zeroes in on the effective management of that portion of the project which will be performed by another organization. It focuses on the procurement of scope from an organization outside of the project. Often, the success or failure of a project is dependent on how well the project can plan, define, solicit, authorize and manage this external relationship. This book has been updated to be consistent with Chapter 12 of the Fourth Edition of the PMBOK ® Guide, released by PMI in December 2008.

Project Risk Management

Author : Michael M. Bissonette
Publisher : Project Management Institute
ISBN 13 : 1628251409
Total Pages : 345 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Project Risk Management by : Michael M. Bissonette

Download or read book Project Risk Management written by Michael M. Bissonette and published by Project Management Institute. This book was released on 2016-04-01 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's not exactly news that putting the concepts of risk management into action can help make a project more successful. In fact, a solid understanding of risk management is a vital component of any project management professional's training, regardless of the industry in which he or she might work. In today's fast-paced, constantly changing, and extremely competitive environment, risk management is more important than ever for businesses hoping to find their footing in the global market. In Project Risk Management: A Practical Implementation Approach, author Michael M. Bissonette not only provides insights into the best ways to implement the traditional techniques of risk management, but also explores innovative new methods that can help modern organizations build their culture, improve financial performance, and ultimately achieve greater success in all of their projects.

Managing Risk in Construction Projects

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

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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 Project Organisations

Author : Peter Edwards
Publisher : UNSW Press
ISBN 13 : 9780868405742
Total Pages : 202 pages
Book Rating : 4.4/5 (57 download)

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Book Synopsis Risk Management in Project Organisations by : Peter Edwards

Download or read book Risk Management in Project Organisations written by Peter Edwards and published by UNSW Press. This book was released on 2004-11 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book about managing risks in a project environment. It is intended to enhance readers' understanding of the nature and presence of risk by raising the organisation's awareness of the risks it faces, and formalising the systems needed to deal with and learn from those risks.

Early Contractor Involvement in Building Procurement

Author : David Mosey
Publisher : John Wiley & Sons
ISBN 13 : 9781444309874
Total Pages : 328 pages
Book Rating : 4.3/5 (98 download)

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Book Synopsis Early Contractor Involvement in Building Procurement by : David Mosey

Download or read book Early Contractor Involvement in Building Procurement written by David Mosey and published by John Wiley & Sons. This book was released on 2009-11-24 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can contractors and specialists add value to a project by theirearly involvement in design, pricing, risk management andprogramming? How can this be structured and what role docontracts have to play? What is the impact on procurement andproject management? Commentators from Banwell to Egan have recommended earliercontractor appointments, and this has also been linked tosuccessful project partnering. How are the two related? Early Contractor Involvement in Building Procurementconsiders the case for a two stage procurement approach based on asystem of agreed project processes during the preconstructionphase. It examines the ways in which a contract can describeand support this model throughout its procurement, partnering andproject management, and is illustrated with case studies taken fromprojects and programmes across the construction and engineeringindustry. The roles of the various parties involved, the obstacles theyencounter and the benefits they can achieve are examined indetail. There is practical guidance on how to improve speed,economy, sustainability, change control, dispute avoidance, andclient satisfaction. This book bridges the gap betweencontract law, partnering and project management and will beessential reading for middle and senior management at constructioncontractors, consultants and clients in both the public and privatesectors.

Project Procurement

Author : Ajay Bhargove
Publisher : Project Management Institute
ISBN 13 : 9781628254686
Total Pages : 0 pages
Book Rating : 4.2/5 (546 download)

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Book Synopsis Project Procurement by : Ajay Bhargove

Download or read book Project Procurement written by Ajay Bhargove and published by Project Management Institute. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project Procurement: A Real-World Guide to Procurement Skills provides insight into the procurement community across sectors and across the globe. Here, the author covers the most widely used techniques and methods for supplier management, including supplier qualification and selection, supplier development, and supplier performance evaluation during different project stages--topics that have rarely been discussed in the procurement community, because they have traditionally been the area of expertise among financial experts. This book will take you through different types of contracts, their selection in particular scenarios, and illustrates them through real-life examples. Accessible and far-reaching in its grasp of various project procurement scenarios, this book is an indispensable reference for procurement professionals making a career in buying, from junior buyers up to the supply-chain heads of organizations.

Project Management for the Built Environment

Author : Low Sui Pheng
Publisher : Springer
ISBN 13 : 9811069921
Total Pages : 211 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Project Management for the Built Environment by : Low Sui Pheng

Download or read book Project Management for the Built Environment written by Low Sui Pheng and published by Springer. This book was released on 2017-10-27 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the fundamentals of project management as applied in the built environment and more specifically for the construction industry. It presents the project management body of knowledge (PMBOK) using practical examples to show how various project management principles and concepts can be applied in practice. Providing study notes for students and aspiring project management professionals in the construction industry, each of the 13 chapters includes a set of comprehensive revision questions that allow readers to reflect on what they have learned. The book offers an introduction to what project management is all about as well as the project life cycles, stakeholders and organizations involved. It explains the project management processes and how these processes are applied in integration, scope, time, cost, quality, human resource, communications, risk and procurement management. It concludes with ethics and professional conduct in the project management profession.

The Project Risk Maturity Model

Author : Mr Martin Hopkinson
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409458954
Total Pages : 272 pages
Book Rating : 4.4/5 (94 download)

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Book Synopsis The Project Risk Maturity Model by : Mr Martin Hopkinson

Download or read book The Project Risk Maturity Model written by Mr Martin Hopkinson and published by Gower Publishing, Ltd.. This book was released on 2012-09-28 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Top businesses recognise risk management as a core feature of their project management process and approach to the governance of projects. However, a mature risk management process is required in order to realise its benefits; one that takes into account the design and implementation of the process and the skills, experience and culture of the people who use it. To be mature in the way you manage risk you need an accepted framework to assess your risk management maturity, allowing you to benchmark against a recognised standard. A structured pathway for improvement is also needed, not just telling you where you are now, but describing the steps required to reach the next level. The Project Risk Maturity Model detailed here provides such an assessment framework and development pathway. It can be used to benchmark your project risk processes and support the introduction of effective in-house project risk management. Using this model, implementation and improvement of project risk management can be managed effectively to ensure that the expected benefits are achieved in a way that is appropriate to the needs of each organisation. Martin Hopkinson has developed The Project Risk Maturity Model into a robust framework, and this book allows you to access and apply his insights and experience. A key feature is a CD containing a working copy of the QinetiQ Project Risk Maturity Model (RMM). This will enable you to undertake maturity assessments for as many projects as you choose. The RMM has been proven over a period of 10 years, with at least 250 maturity assessments on projects and programmes with a total value exceeding £60 billion. A case study in the book demonstrates how it has been used to deliver significant and measurable benefits to the performance of major projects.

Project Procurement Management

Author : Amir Manzoor
Publisher : Project Management by Amir Man
ISBN 13 : 9789697090488
Total Pages : 228 pages
Book Rating : 4.0/5 (94 download)

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Book Synopsis Project Procurement Management by : Amir Manzoor

Download or read book Project Procurement Management written by Amir Manzoor and published by Project Management by Amir Man. This book was released on 2019-10-12 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is part 10 of the book series "Project Management by Amir Manzoor". This series focusses on Project Management Body of Knowledge (PMBOK) 6th Edition of Project Management Institute (PMI), USA to provide comprehensive coverage of all aspects of project management. This book covers the fundamentals of project procurement management. The important topics covered include procurement management planning, conducting procurements, and controlling procurements. Compared with available texts on project management, the perspective of this book is global project management. The book is written in simple language, provides up-to-date coverage of covered topics. This book is useful for undergrad and graduate students, professionals, and anyone looking to gain a solid foundation to continue their learning of the discipline of project management. This book is also a great companion to prepare for the PMP certification exam. The book series "Project Management by Amir Manzoor" has a dedicated website http: //www.pmbyam.com. A companion Facebook page is also available.

Contract and Risk Management for Supply Chain Management Professionals

Author : X. Paul Humbert
Publisher :
ISBN 13 : 9780615956718
Total Pages : 312 pages
Book Rating : 4.9/5 (567 download)

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Book Synopsis Contract and Risk Management for Supply Chain Management Professionals by : X. Paul Humbert

Download or read book Contract and Risk Management for Supply Chain Management Professionals written by X. Paul Humbert and published by . This book was released on 2014-01-19 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: What Will This Book Do for You? This book provides a survival manual for anyone involved in the crafting, structuring, negotiating, supporting or managing contracts involving commercial transactions of goods, services or both. It blends the practical with general legal principles and highlights best practices for supply chain professionals and anyone else involved, directly or indirectly, with the generation or management of contracts from cradle-to-grave. Even commercially wise and sophisticated organizations can be untrained and unaware of certain gaps and traps in the management of their contracts. This book addresses those pitfalls and provides lessons learned and guidance that are not typically taught at the college or even graduate school level. Experience can be hard and expensive to come by and this book provides a concentrated dose of experience that immediately raises the reader's level of sophistication and awareness for gaps and traps while providing practical solutions to pitfalls that can haunt any organization. Left unchecked, these pitfalls can lead to dysfunction and confusion; both of which can be an expensive proposition in today's competitive and uncertain economic environment. Who Should Use this Book? Supply Chain Management Professionals, Risk Managers, Insurance Experts, Project Managers, Purchasing Agents, Contract Administrators, Executives and any business or technical professionals who are involved with developing, managing or implementing projects, purchases or any complex transaction or procurement where cost, schedule and scope certainty are important. What Does This Book Cover? This book covers how the relationship of the parties affects commercial transactions and addresses the importance of upholding the integrity of the process and the contract by understanding key supply chain best practices. The book focuses on contracting strategies and approaches including how to structure requests for proposals and instructions to bidders as well as key considerations in pricing and pricing adjustments, risk management tools and techniques, the importance of defining the deliverables and outcomes, negotiation strategies and techniques, negotiating warranties and remedies, applying leadership and influencing skills to the process, how to implement sound change management as well as capturing and applying past lessons learned. In addition, special attention is given to the importance of sound "kick off" and "close out", including termination for cause or convenience techniques and other best practices.

Project Risk Management Guidelines

Author : Dale Cooper
Publisher : Wiley Global Education
ISBN 13 : 1118849698
Total Pages : 434 pages
Book Rating : 4.1/5 (188 download)

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Book Synopsis Project Risk Management Guidelines by : Dale Cooper

Download or read book Project Risk Management Guidelines written by Dale Cooper and published by Wiley Global Education. This book was released on 2014-09-23 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of Project Risk Management Guidelines has been fully updated to include the new international standards, ISO 31000 Risk management and IEC 62198 Managing risk in projects. The book explains the standards and how they can be applied. It provides a clear introduction to basic project risk management, introduces the reader to specialized areas of projects and procurement, and shows how quantitative risk analysis methods can be used in large projects. Chapter by chapter, the authors present simple, practical steps and illustrate them with examples drawn from their extensive experience from around the world, in many different industry sectors and cultures and at all stages of projects from conception through development and into execution. Qualitative and quantitative approaches are covered. Traditional structures and processes are discussed as well as developments in the way projects are conducted, such as outsourcing arrangements and risk-sharing structures like public–private partnerships. Improved outcomes can be achieved when sound risk management is used to capture opportunities and reduce threats. Its unique focus and wealth of checklists, tables and other resources make this book an essential and enduring tool for anyone involved with project work.