Includes index.

"This new edition of Risk Management: Concepts and Guidance supplies a look at risk in light of current information, yet remains grounded in the history of risk practice. The book presents powerful techniques that can enhance organizational risk identification, assessment, and management-all within the project and program environments. This edition maintains a focus on the ability to apply "planned clairboyance" to peer into the future. The book begins by analyzing the various systems that can be used to apply risk management. It provides a fundamental introduction to the basics associated with particular techniques, clarifying the essential concepts of risk and how they apply in projects. The second part of the book presents the specific techniques necessary to successfully implement the systems described in Part I. The text addresses project risk management from the project manager's perspective. It adopts PMI's perspective that risk in both a threat and an opportunity, and its acknowledges that any effective risk management practice must look at the potential positive events that may befall a project, as well as the negatives."-- Provided by publisher

Text in English