Project Risk Management

Stefano Tonchia
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Stefano Tonchia: University of Udine

Chapter 16 in Industrial Project Management, 2018, pp 189-194 from Springer

Abstract: Abstract This chapter deals with one of the “hot” knowledge areas of PM: Risk Management. The risk is treated according to PMI standards (a RMP certification also exists), but other standards are cited too. Starting from the sources of uncertainty, risk assessment is exemplified (identification, analysis—both qualitative and quantitative—and quotation, that is measurement). The probability-impact matrix is introduced, with the cut-off line. The risk response (proactive or reactive) follows. And how Risk Management should be conducted throughout the duration of the project.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-662-56328-1_16

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DOI: 10.1007/978-3-662-56328-1_16

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