Risk Management Concepts and Guidance 3e


Author: Carl L. Pritchard

ISBN: 9781890367398

Copy Right Year:  2005

Pages:  416

Binding: Soft Cover

Publisher:  Taylor & Francis

SKU: 9781890367398 Category:


The face of risk continues to change. Although risk is a constant-forever with us the interpretations of risk management shift with the times. The most recent shift came with the latest version of the Project Management Institute, Inc.’s A Guide to the Project Management Body of Knowledge, Third Edition. The philosophy of the Project Management Institute (PMI) on risk management continues to shift toward adding more tools and reflecting the changing times that have, if anything, reflected increasingly greater project risks.

Additional information

Weight .5 kg
Dimensions 23 × 16 × 2 cm

Table of Content

Risk Processes and Practices- Why Risk Management

Risk Management Practices

Risk Concepts

The Risk Management Structure

Risk Management Techniques

Expert Interviews

Planning Meetings

Risk Practice Methodology

Documentation Reviews

Analog Comparisons

Plan Evaluation

Delphi Technique


Crawford Slip Method (CSM)

SWOT Analysis


Risk Breakdown Structure

Root Cause Identification and Analysis

Risk Registers/Tables

Project Templates

Assumptions Analysis

Decision Analysis-Expected Monetary Value

Estimating Relationships

Network Analysis (Excluding PERT)


Other Diagramming Techniques

Rating Schemes

Urgency Assessment

Data Quality Assessment

Risk Modeling

Sensitivity Analysis

Monte Carlo Simulations

Risk Factors

Risk Response Matrix

Performance Tracking and Technical Performance Measurement

Risk Reviews and Audits

Other Common Techniques

Appendix A: Contractor Risk Management

Appendix B:  An Abbreviated List of Risk Sources

Appendix C: Basic Probability Concepts

Appendix D: Quantifying Expert Judgment

Appendix E: Special Notes on Software Risk




About The Author

Carl L. Pritchard is the Principal of Pritchard Management Associates and is a widely recognized risk management authority and lecturer. Mr. Pritchard’s publications include courses in risk management as well as The Project Management Communications Toolkit (Artech Houses, 2004), How to Build a Work Breakdown structures, and Precedence Diagramming: Successful Scheduling in the Team Environment. He coauthored Managing Projects in Organizations-The CR-ROM with J. Davidson Frame.


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