Project Risk Management: Processes, Techniques and Insights, 2nd Edition
December 2003, ©2003
Foreword to the second edition.
Part I: Setting the scene.
1. Uncertainty, risk, and their management.
2. The project life cycle.
3. Motives for formal risk management processes.
4. An overview of generic risk management processes.
Part II: Elaborating the generic process framework.
5. Define the project.
6. Focus the process.
7. Identify the issues.
8. Structure the issues.
9. Clarify ownership.
10. Estimate variability.
11. Evaluate overall implications.
12. Harness the plans.
13. Manage implementation.
Part III: Closing the loop.
14. Risk management initiated at different stages in the project life cycle.
15. Effective and efficient risk management.
16. Ownership issues: a contractor perspective.
17. Organizing for risk management.
Stephen Ward is a Senior Lecturer in the School of Management of the University of Southampton. Much of his research is consultancy based, giving him a broad spectrum of practical experience across a wide range of organizations over several decades. He combines this practical perspective with a thorough conceptual understanding from which to write. He has published widely, including contributions to Management for Engineers (Wiley 1987), joint authorship of Project Risk Management: Processes, Techniques and Insights, (Wiley, 1997), and joint authorship of Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making, (Wiley 2002). He is the founding director of Southampton’s MSc in Risk Management.
- A cornerstone work from important thinkers - based on rigorous conceptual foundations and thus perfect for courses, but also developed to address the everyday practical concerns of those working in the field
- Updated to meet the new challenges of project risk management – incorporates discussion of all key developments since 1997, and adds new material from the US PMI to deliver a global perspective
- Redesigned and reorganized to increase readability and improve the flow of ideas