Kim Heldman - Project Manager's Spotlight on Risk Management
Clear-Cut Ways to Manage Project Risk
If you're a typical project manager, you're probably aware of the importance of risk management but may not have the time or expertise to develop a full-blown plan. This book is a quick and practical guide to applying the disciplines of proven risk management practices without the rigor of complex processes.
Part of the Project Manager's Spotlight series from Harbor Light Press, this straightforward book offers solutions to real-life risk scenarios. Inside, best-selling author Kim Heldman highlights critical components of risk management and equips you with tools, techniques, checklists, and templates you can put to use immediately. By following a realistic case study from start to finish, you'll see how a project manager deals with each concept. Ultimately, this book will help you anticipate, prevent, and alleviate major project risks.
Project Manager's Spotlight on Risk Management teaches you how to
- Look for and document risk
- Anticipate why projects fail
- Prevent scope and schedule risks
- Analyze and prioritize risks
- Develop, implement, and monitor risk response plans
- And much more!
Table of Contents
- Foreword ix
- Acknowledgments x
- Introduction xiii
- Chapter 1: What Is Risk Management?
- Defining Risk 1
- Purpose of Risk Management 6
- A Practical Risk Management Approach 12
- Communication Is the Key 20
- Case Study 26
- Chapter 2: Identifying and Documenting Risks 29
- Identifying Risks 29
- Common Risks 34
- Where to Look 40
- How to Look for Risk 45
- Documenting Project Risk 53
- Case Study 58
- Chapter 3: Why Projects Fail—More Risks and How You Can Prevent Them 61
- The PMINO Syndrome 61
- Absentee Sponsor 70
- Disengaged Teams 80
- Case Study 91
- Chapter 4: Preventing Scope and Schedule Risks 95
- Scope Risk 95
- Schedule Risks 108
- Change Management 118
- Case Study 120
- Chapter 5: Analyzing and Prioritizing Risks 123
- Qualitative Risk Analysis 123
- Quantitative Risk Analysis 136
- The Analysis Method of Choice 142
- Listing and Ranking Project Risk 142
- Case Study 146
- Chapter 6: Defining Risk Response Plans 149
- Risk Response Planning 149
- Risk Response Techniques 153
- Developing Risk Response Plans 160
- Planning for the Unknown 164
- Case Study 169
- Chapter 7: Implementing and Monitoring Risk Response Plans 171
- Monitoring and Control 171
- Implementing Response Plans 177
- Risk Audits 185
- Case Study 189
- Appendix A: Nine Knowledge Areas Refresher 191
- Project Management Process Groups 191
- Project Management Knowledge Areas 197
- Appendix B: Risk Management Templates 203
- Glossary 211
Author Information
Kim Heldman, PMP is the best-selling author of Sybex's PMP Study Guide and Project Management Jumpstart. Kim is Director of IT Project Management for the Colorado Department of Revenue.
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