Managing Risk in Projects

No series of books which purports to cover the field of project management can be complete without including at least one title on risk management. Indeed, the topic of risk is sufficiently rich to justify more than one treatment in such a series. The book proposed here is intended to describe core risk management applicable to all projects of all types and sizes, in all industries, in all countries. Other books may address specific aspects of risk management in projects, such as particular techniques and approaches, or particular application areas. This core title should be positioned as the central text in the series which will form a foundation on which other specific books can build. It will place risk management in its proper context in the world of project management, and emphasise those core concepts which are essential to understand why and how risk management should be implemented on all projects. A generic approach will be described, consistent with current international best practice and guidelines, including 'A Guide to the Project Management Body of Knowledge' (PMBoK) and the 'Project Risk Management Practice Standard' from PMI, the 'APM Body of Knowledge' and 'Project Risk Analysis & Management (PRAM) Guide' from APM, 'Management of Risk: Guidance for Practitioners' from OGC, and the forthcoming risk standard from ISO. In addition, the book will introduce key developments in the risk management field, to ensure that readers are aware of current thinking, focusing on their relevance to practical application. Consequently, the book proposed here is central to the series, in the same way that risk management is central to project management.