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.

Download or read book Construction Risk Management Decision Making written by Alex C. Arthur and published by John Wiley & Sons. This book was released on 2021-12-13 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: CONSTRUCTION RISK MANAGEMENT DECISION MAKING Explores the relevance of systems thinking and behavioral science in construction risk management Effective risk management is a vital component of all successful construction projects. Although quantitative tools for evaluating data and minimizing risk are readily available, construction managers commonly adopt a more innate, experience-based approach. In Construction Risk Management Decision Making, project manager and senior consultant Alex C. Arthur provides step-by-step advice on assessing and prioritizing risk using qualitative decision-making systems in the construction industry. Incorporating key theories and concepts from systems thinking and behavioral science, this highly practical guide focuses on the behavior patterns of real people in the industry, rather than complex quantitative techniques and data. Concise, easy-to-understand chapters highlight the current practices of construction risk management while helping readers view risk and decision making from a broader perspective. Throughout the book, the author presents invaluable insights into the ways construction professionals think and behave in the real world. Addresses the actual risk management practices of construction professionals Applies human behavioral theories to the study of construction risk management decision making Illustrates the highly intuitive approaches prevalent in various construction projects Features real-life case studies and practical examples throughout Construction Risk Management Decision Making is an excellent textbook for advanced students in project management, engineering, construction, and surveying courses, and a must-have guide for practitioners of construction management, surveying, and architecture.

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.

Download or read book Risk Management for Design and Construction written by Ovidiu Cretu and published by John Wiley & Sons. This book was released on 2011-06-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essential risk assessment guide for civil engineering, design, and construction Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk. Highlights include: Integrated cost and schedule risk analysis An introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risks A methodology that was developed and used by the Washington State Department of Transportation Case studies and examples on the proper application of principles Information about combining value analysis with risk analysis "This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance." JOHN MILTON, PHD, PE Director of Enterprise Risk Management, Washington State Department of Transportation

Download or read book Guide to Managing Risk in Construction written by Safe Work Australia and published by . This book was released on 2021 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Managing Risk in Projects written by Dr David Hillson and published by Gower Publishing, Ltd.. This book was released on 2012-09-28 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Projects are risky undertakings, and modern approaches to managing projects recognise the central need to manage the risk as an integral part of the project management discipline. Managing Risk in Projects places risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries. The generic approach detailed by David Hillson is consistent with current international best practice and guidelines (including 'A Guide to the Project Management Body of Knowledge' (PMBoK) and the 'Project Risk Management Practice Standard' from PMI, the 'APM Body of Knowledge' and 'Project Risk Analysis & Management (PRAM) Guide' from APM, 'Management of Risk: Guidance for Practitioners' from OGC, and the forthcoming risk standard from ISO) but David also introduces key developments in the risk management field, ensuring readers are aware of recent thinking, focusing on their relevance to practical application. Throughout, the goal is to offer a concise description of current best practice in project risk management whilst introducing the latest relevant developments, to enable project managers, project sponsors and others responsible for managing risk in projects to do just that - effectively.

Download or read book Engineering Construction Risks written by Peter Allan Thompson and published by Thomas Telford. This book was released on 1992 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk analysis and management - an overview. When to apply risk management. Quantitative techniques for project risk analysis. Risk in estimating. Contract stategy...

Download or read book Risk Management for Project Driven Organizations written by Andy Jordan and published by J. Ross Publishing. This book was released on 2013-05-13 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizations invest a lot of time, money, and energy into developing and utilizing risk management practices as part of their project management disciplines. Yet, when you move beyond the project to the program, portfolio, PMO and even organizational level, that same level of risk command and control rarely exists. With this in mind, well-known subject matter expert and author Andy Jordan starts where most leave off. He explores risk management in detail at the portfolio, program, and PMO levels. Using an engaging and easy-to-read writing style, Mr. Jordan takes readers from concepts to a process model, and then to the application of that customizable model in the user’s unique environment, helping dramatically improve their risk command and control at the organizational level. He also provides a detailed discussion of some of the challenges involved in this process. Risk Management for Project Driven Organizations is designed to aid strategic C-level decision makers and those involved in the project, program, portfolio, and PMO levels of an organization. J. Ross Publishing offers an add-on for a nominal fee -- Downloadable tools and templates for easy customization and implementation.

Download or read book Construction Risk written by John J. Revere Pmp and published by . This book was released on 2003 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over three billion in construction experience, John Revere has written a construction book dealing with the subject of risk. This must read book takes the reader from understanding basic risk concepts to advanced principals for true risk management implementation. Revere's thirty years in construction project management makes this an enjoyable read. This text is a must read for anyone in the management of construction projects. Architects, Engineers, Contractors, CM's, PM's and especially the owner will benefit from this text. Revere, with a Masters degree in Management and a certified Project Management Professional (PMP), along with his wide range of diversified projects has developed a textbook that will be a classic read for all those interested in the subject of construction risk management. With a clear writing style, Revere provides the reader with typical construction risk events and mitigation strategies for these events.

Download or read book Value and Risk Management written by Michael F. Dallas and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published on behalf of the Chartered Institute of Building and endorsed by a range of construction industry institutes, this book explains the underlying concepts of value and risk, and how they relate to one another. It describes the different issues to be addressed in a variety of circumstances and at all stages of a project's life and reviews a number of commonly used and effective techniques, showing how these may be adapted to suit individuals' styles and circumstances. * Published on behalf of the Chartered Institute of Building with cross-industry institutional support * Combines value and risk management which are often considered, wrongly, in isolation * Makes a complicated subject accessible to a wide audience of construction practitioners * Features checklists and proformas to aid implementation of best practice * Author has extensive practical experience of the subject

Download or read book The Standard for Risk Management in Portfolios Programs and Projects written by Project Management Institute and published by Project Management Institute. This book was released on 2019-04-22 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update and expansion upon PMI's popular reference, The Practice Standard for Project Risk Management. Risk Management addresses the fact that certain events or conditions may occur with impacts on project, program, and portfolio objectives. This standard will: identify the core principles for risk management; describe the fundamentals of risk management and the environment within which it is carried out; define the risk management life cycle; and apply risk management principles to the portfolio, program, and project domains within the context of an enterprise risk management approach It is primarily written for portfolio, program, and project managers, but is a useful tool for leaders and business consumers of risk management, and other stakeholders.

Download or read book Quantitative Risk Management and Decision Making in Construction written by Amarjit Singh and published by ASCE Press. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Singh introduces valuable techniques for weighing and evaluating alternatives in decision making with a focus on risk analysis for identifying, quantifying, and mitigating risks associated with construction projects.

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.

Download or read book Security Risk Assessment and Management written by Betty E. Biringer and published by John Wiley & Sons. This book was released on 2007-03-12 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proven set of best practices for security risk assessment and management, explained in plain English This guidebook sets forth a systematic, proven set of best practices for security risk assessment and management of buildings and their supporting infrastructures. These practices are all designed to optimize the security of workplace environments for occupants and to protect the interests of owners and other stakeholders. The methods set forth by the authors stem from their research at Sandia National Laboratories and their practical experience working with both government and private facilities. Following the authors' step-by-step methodology for performing a complete risk assessment, you learn to: Identify regional and site-specific threats that are likely and credible Evaluate the consequences of these threats, including loss of life and property, economic impact, as well as damage to symbolic value and public confidence Assess the effectiveness of physical and cyber security systems and determine site-specific vulnerabilities in the security system The authors further provide you with the analytical tools needed to determine whether to accept a calculated estimate of risk or to reduce the estimated risk to a level that meets your particular security needs. You then learn to implement a risk-reduction program through proven methods to upgrade security to protect against a malicious act and/or mitigate the consequences of the act. This comprehensive risk assessment and management approach has been used by various organizations, including the U.S. Bureau of Reclamation, the U.S. Army Corps of Engineers, the Bonneville Power Administration, and numerous private corporations, to assess and manage security risk at their national infrastructure facilities. With its plain-English presentation coupled with step-by-step procedures, flowcharts, worksheets, and checklists, you can easily implement the same proven approach and methods for your organization or clients. Additional forms and resources are available online at www.wiley.com/go/securityrisk.

Download or read book Risk Management in Projects written by Martin Loosemore and published by Taylor & Francis. This book was released on 2012-09-10 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project managers in construction and civil engineering need to base their decisions on realistic information about risk and public perceptions of risk. This second edition of the original practical and straightforward text retains the easy-to-read format, but has been expanded to encompass the entire risk management process and to give a fuller presentation of how risk is generally perceived. Two new chapters cover risk identification and risk response, and the chapters on risk analysis have been completely reorganized. There is also greater emphasis on the theory behind the principles, and an expanded bibliography is given to guide an exploration of the subject in greater detail. The book demystifies risk management by presenting the subject in simple and practical terms, free of technical jargon, and case studies are used extensively to enliven the text and to illustrate the concepts discussed.

Download or read book Contractor s Guide to Green Building Construction written by Thomas E. Glavinich and published by John Wiley & Sons. This book was released on 2008-04-07 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for contractors and endorsed by the Associated General Contractors of America Written specifically for contractors, this "how-to" book enables you to meet the challenges of green building construction. You'll discover how constructing environmentally friendly, sustainable buildings influences project management, delivery, documentation, and risk. Moreover, the book guides you through these important considerations at all phases of a green construction project, including: Bidding and contracting Managing green design when the contractor works as a design builder Subcontracting Procurement Construction management Project commissioning and closeout This book is endorsed by the Associated General Contractors of America (AGC) and was written with the assistance and advice of a specially assembled AGC task force. With a focus on the green building process from the contractor's viewpoint, the book avoids endorsing any one green building rating system in favor of presenting the business fundamentals common to them all. Throughout the presentation, flowcharts and other features offer working tools for successfully managing green construction projects. Plus, real-world case studies developed through discussions with the actual contractors involved help you understand exactly what to expect and how to best manage constructing a green building. In short, this is one book that you need to have on hand to be a part of the rapidly growing green building movement.

Download or read book Managing Project Risk written by James B. Atkins and published by John Wiley & Sons. This book was released on 2008-04-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the benefits of effective risk management practices Risk management may not be a standard course in architecture school, but it is an essential concern for architects and related professionals working today. Managing Project Risk is a key resource for integrating good risk management into professional practice. Based on a popular series of articles in AIArchitect, this accessible volume offers an on-the-ground perspective of what can happen on the job and what architects can do to prevent or mitigate threatening conditions and events. With an engaging, non-legalistic style, authors Atkins and Simpson draw upon their considerable experience and upon AIA Contract Documents to show how sound risk management strategies work in a variety of real-world settings, covering such practical areas as: * Risk management fundamentals * Contracts * Relationships with clients * Understanding the architect's role in the project * Risk issues with digital drawings * The modern architectural workplace Rendering potentially dry topics lively with wit and anecdote, Managing Project Risk resonates with the experience of contemporary architects, while offering helpful suggestions applicable not only to risk management but also to project management and professional development.