Identifying and Managing Project Risk
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.jpg?lang=en) Hardcover edition (2009) | |
| Author | Tom Kendrick |
|---|---|
| Language | English |
| Genre | Business, Project Management, Risk Management |
| Publisher | American Management Association |
Publication date | 25 April 2003 |
| Publication place | United States |
| Media type | Print (Hardcover) |
| Pages | 335 pp. |
| ISBN | 0-8144-0761-7 |
| OCLC | 50803496 |
| 658.4/04 21 | |
| LC Class | HD61 .K46 2003 |
Identifying and Managing Project Risk by Tom Kendrick is a book about identifying and managing risks on projects. It was published on April 25, 2003 by American Management Association. The book is geared to be used by a junior Project Manager and Kendrick aligns the chapters of the Book to the Project Management Institute's (PMI) Guide to the Project Management Body of Knowledge, (PMBOK) 2000 edition.
That being said, there is a newer edition (2009) of this book, with significant modifications that bring it up to date with the current PMBOK. Much of this article no longer applies.
This text is designed to be used as a supplemental source of information when studying for the Project Management Professional (PMP) certification exam.
Overview
Kendrick's coverage of risk, and more prominently uncertainty, is complete in a general fashion focusing a majority of his discussion on risk in projects due to poor planning and change management processes.
He uses a collection of project elements from various projects his clients have conducted. He uses this data, Project Experience Risk Information Library (PERIL) database, to quantify and rank classes of risk. In the early part of his book he uses this significantly and the Appendix lists approximately 120 of the element's descriptions.
The book is structured to follow the PMBOK stages of a project — initiation, planning, controlling, executing and closure. Each chapter discusses a set of concepts and concludes with a bulleted "Key Ideas" section and an anecdote from the two attempts to construct the Panama Canal.
References
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Further reading
- Lam, J., Enterprise Risk Management: From Incentives to Controls (2003). Wiley; 1 edition, ISBN 0-471-43000-5
- Peter Simon and David Hillson, Practical Risk Management: The ATOM Methodology (2012). Management Concepts. Vienna, VA, ISBN 978-1567263664
- Lev Virine and Michael Trumper, Project Decisions: The Art and Science (2007). Management Concepts. Vienna, VA, ISBN 978-1-56726-217-9
- Lev Virine and Michael Trumper, ProjectThink: Why Good Managers Make Poor Project Choices (2013). Gower Pub Co, ISBN 978-1409454984
- Wideman, R.M. Project and Program Risk Management (1992). Newtown Square, PA: Project Management Institute. ISBN 978-1-880410-06-6