The most essential component of every project manager’s job is the ability to identify potential risks before they cause unnecessary headaches and turmoil all around.
All projects are inherently risky, and complex ones can potentially be the downfall for even the most experienced project manager. From technical challenges and resource issues to unrealistic deadlines and problems with your subcontractors, any number of things can go wrong.
Fully updated, consistent with PMI® standards, and addressing “VUCA” (Volatility, Uncertainty, Complexity, and Ambiguity―the now-common business and project management acronym), this book remains the definitive resource for project managers seeking to be proactive in their efforts to guard against failure and minimize unwanted surprises.
Identifying and Managing Project Risk draws on real-world situations and hundreds of risk examples to show you how to:
Thoroughly discover and document risks
Use risk assessment techniques effectively
Implement a system for monitoring and controlling projects
Personalize proven methods for project risk management on any type of project
Complete with fresh guidance on program risk management, qualitative and quantitative risk analysis, simulation and modeling, and significant “non-project” risks, this one-stop indispensable resource is what every project manager needs to avoid chaos and keep their projects on track.
Tom Kendrick recently retired as Program Director for the project management curriculum at UC Berkeley Extension, and lives in the Bay area near San Francisco, California. He was awarded the 2010 Project Management Institute (PMI) David I. Cleland Project Management Literature Award in October 2010 for "Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project" (now in it's third edition). Tom regularly teaches classes and and given presentations on program, project, and risk management for conferences, associations, and universities. Tom spent 20 years with Hewlett Packard in its Project Management Initiative and in a variety of other project management roles. He has over 40 years of worldwide PM experience, including work for Visa, DuPont, General Electric, and as an independent consultant. Tom has a BSEE from Princeton University, an MSEE from the University of Pennsylvania, and an MBA from the Wharton School at the University of Pennsylvania. He is also a certified PMP and serves as a volunteer for both the PMI Silicon Valley Chapter and PMI.org.