How to Manage Project Opportunity and Risk: Why Uncertainty Management can be a Much Better Approach than Risk Management, 3rd Edition

Foreword to the second edition with an update by Tony Ridley xi

Foreword to the fi rst edition by Peter Wakeling xiii

Preface and overview by the authors xv

Acknowledgements xxv

PART I Setting the scene 1

1 Uncertainty in and around projects 3

2 Uncertainty, risk and opportunity 43

3 Key motives for uncertainty management 73

4 An overview of generic process frameworks 101

PART II The generic process in one key lifecycle stage 131

5 Define the project 133

6 Focus the process 153

7 Identify all the relevant sources of uncertainty, response options and conditions 171

8 Structure all uncertainty 215

9 Clarify ownership 235

10 Quantify some uncertainty 251

11 Evaluate all the relevant implications 289

PART III The generic process in all lifecycle stages 325

12 Fully integrating the strategy shaping stages 327

13 Fully integrating the strategy implementation stages 365

PART IV Key corporate implications 389

14 Developing PUMP capability as a project 391

15 Contracts and governance as frameworks for enlightened relationship management 411

16 A corporate capability perspective 435

References 463

Glossary 473

Index 479