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by David Hillson, Peter Simon
Practical Project Risk Management, Third Edition, 3rd Edition
Cover
Title Page
Copyright Page
Contents
Foreword to the Third Edition
Authors’ Preface
Part I: The Problem
1 The Challenge of Managing Risk
Risk—The Definition Debate
Clarifying Some Confusions
Using Risk Management on Projects
Benefits of Effective Risk Management
2 Making It Work
Why Don’t We Do It?
Turning Negatives into Positives
Four Difficult Challenges
The Critical Success Factors for Risk Management
Conclusion
3 Active Threat and Opportunity Management—The ATOM Risk Process
Introducing ATOM
Project Sizing
ATOM for the Medium-Sized Project
Comparison to Existing Standards
Conclusion
Part II: Applying ATOM to a Medium-Sized Project
4 Start at the Beginning (Initiation)
Inputs
Activities
Outputs
Summary
5 Exposing the Challenge (Identification)
Inputs
Activities
Outputs
Summary
6 Understand the Exposure (Assessment)
Inputs
Activities
Outputs
Summary
7 Options and Actions (Response Planning)
Inputs
Activities
Outputs
Summary
8 Spread the Word (Reporting)
Inputs
Activities
Outputs
Summary
9 Just Do It (Implementation)
Inputs
Activities
Outputs
Summary
10 Keep It Alive (Major Reviews)
Inputs
Activities
Outputs
Summary
11 Ongoing Updates (Minor Reviews)
Inputs
Activities
Outputs
Summary
12 Learn from Experience (Post-Project Review)
Inputs
Activities
Outputs
Summary
Part III: Variations on a Theme
13 ATOM for Small Projects
Less Is More
Initiation
Identification
Assessment
Response Planning
Reporting
Implementation
Review
Post-Project Review
Conclusion
14 ATOM for Large Projects
Bigger Is Better
Initiation
Identification
Assessment
Response Planning
Reporting
Implementation
Review
Post-Project Review
Conclusion
15 Simulating Possible Futures (Quantitative Risk Analysis)
Introducing Quantitative Risk Analysis Using Monte Carlo Simulation
Quantitative Risk Analysis in the Project Life Cycle
Quantitative Risk Analysis in the ATOM Process
Getting Started
Analysis
Interpreting Outputs
Using Results
Conclusion
16 The ATOM Risk Workshop
Variants on the ATOM Risk Workshop
Assessment of Probability and Impacts during the Assessment Step
Conclusion
17 Facilitation in the ATOM Risk Management Process
The Facilitation Spectrum
People Skills
Critical Success Factors for Risk Facilitation
Conclusion
18 Managing Risk in Programs and Portfolios
Aim and Scope of Program and Portfolio Risk Management
Managing Risk in Programs and Portfolios
Remaining Challenges and the Way Ahead
Epilogue: Next Steps
Step 1: Appoint an Organizational Risk Sponsor
Step 2: Tailor the ATOM Process
Step 3: Pilot Application
Step 4: Modify Process (If Required)
Step 5: Develop Infrastructure
Step 6: Train Staff
Step 7: Assess Existing Risk Management Capability
Step 8: Implementation and Rollout
Step 9: Reassess Capability and Refresh Process
Conclusion
Appendix: Templates and Examples
Glossary of Terms and Abbreviations
References and Further Reading
Acknowledgments
Index
About the Authors
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