Clear-Cut Ways to Manage Project Risk If you're a typical project manager, you're probably aware of the importance of risk management but may not have the time or expertise to develop a full-blown plan. This book is a quick and practical guide to applying the disciplines of proven risk management practices without the rigor of complex processes. Part of the Project Manager's Spotlight series from Harbor Light Press, this straightforward book offers solutions to real-life risk scenarios. Inside, best-selling author Kim Heldman highlights critical components of risk management and equips you with tools, techniques, checklists, and templates you can put to use immediately. By following a realistic case study from start to finish, you'll see how a project manager deals with each concept. Ultimately, this book will help you anticipate, prevent, and alleviate major project risks. Project Manager's Spotlight on Risk Management teaches you how to Look for and document risk Anticipate why projects fail Prevent scope and schedule risks Analyze and prioritize risks Develop, implement, and monitor risk response plans And much more!

Clear-Cut Ways to Manage Project RiskIf you're a typical project manager, you're probably aware ofthe importance of risk management but may not have the time orexpertise to develop a full-blown plan. This book is a quick andpractical guide to applying the disciplines of proven riskmanagement practices without the rigor of complex processes.Part of the Project Manager's Spotlight series fromHarbor Light Press, this straightforward book offers solutions toreal-life risk scenarios. Inside, best-selling author Kim Heldmanhighlights critical components of risk management and equips youwith tools, techniques, checklists, and templates you can put touse immediately. By following a realistic case study from start tofinish, you'll see how a project manager deals with each concept.Ultimately, this book will help you anticipate, prevent, andalleviate major project risks.Project Manager's Spotlight on Risk Management teachesyou how to* Look for and document risk* Anticipate why projects fail* Prevent scope and schedule risks* Analyze and prioritize risks* Develop, implement, and monitor risk response plans* And much more!

Foreword ixAcknowledgments xIntroduction xiiiChapter 1: What Is Risk Management? 1Defining Risk 1Purpose of Risk Management 6A Practical Risk Management Approach 12Communication Is the Key 20Case Study 26Chapter 2: Identifying and Documenting Risks 29Identifying Risks 29Common Risks 34Where to Look 40How to Look for Risk 45Documenting Project Risk 53Case Study 58Chapter 3: Why Projects Fail--More Risks and How You Can Prevent Them 61The PMINO Syndrome 61Absentee Sponsor 70Disengaged Teams 80Case Study 91Chapter 4: Preventing Scope and Schedule Risks 95Scope Risk 95Schedule Risks 108Change Management 118Case Study 120Chapter 5: Analyzing and Prioritizing Risks 123Qualitative Risk Analysis 123Quantitative Risk Analysis 136The Analysis Method of Choice 142Listing and Ranking Project Risk 142Case Study 146Chapter 6: Defining Risk Response Plans 149Risk Response Planning 149Risk Response Techniques 153Developing Risk Response Plans 160Planning for the Unknown 164Case Study 169Chapter 7: Implementing and Monitoring Risk Response Plans 171Monitoring and Control 171Implementing Response Plans 177Risk Audits 185Case Study 189Appendix A: Nine Knowledge Areas Refresher 191Project Management Process Groups 191Project Management Knowledge Areas 197Appendix B: Risk Management Templates 203Glossary 211Index 217