Brevity and ease of reference make this handbook a useful introduction to risk in the project or program environment. The book provides a simplified understanding of the nature of project risk and opportunity, and a systematic approach to risk reduction. YouвЂ™ll get useful insights into the process of project risk management whether youвЂ™re working on a small administrative project, a large capital works project, or anything in between. Concepts, tools, and techniques covered include: risk identification, risk assessment goals and methodology, computer applications, risk response and documentation, management of contingency allowances, managing risks of the projectвЂ™s environment, and dealing with risks in contracts.
This book is essential reading to learn more about the Project Management Body of Knowledge (PMBOKВ®).