Practical Schedule Risk Analysis And Integrated Cost Schedule Risk Analysis
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Integrated Cost Schedule Risk Analysis
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Author : David Hulett
language : en
Publisher: CRC Press
Release Date : 2016-05-23
Integrated Cost Schedule Risk Analysis written by David Hulett and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-23 with Business & Economics categories.
Project managers tend to believe their cost estimates - whether they have exceeded budgets in the past or not. It is dangerous to accept the engineering cost estimates, which are often optimistic or unrealistic. Though cost estimates incorporate contingency reserves below-the-line, these estimates of reserves often do not benefit from a rigorous assessment of risk to project costs. Risks to cost come from multiple sources including uncertain project duration, which is often ignored in cost risk analyses. In short, experience shows that cost estimating on projects is rarely successful - cost overruns routinely occur. There are effective ways to estimate the impact on the cost of complex projects from project risks of all types, including traditional cost-type risks and the indirect but often substantial impact from risks usually thought of as affecting project schedules. Integrated cost-schedule risk anlaysis helps us determine how likely the project will go over budget with the current plan, how much contingency reserve is required to achieve a desired level of certainty, and which risks are most important so the project manager can mitigate them and achieve a better result. Integrated Cost-Schedule Risk Analysis provides solutions for these and other challenges. This book follows on from David Hulett's highly-praised Practical Schedule Risk Analysis. It focuses on the way that schedule risk can generate cost risk, and how to handle this relationship. It also applies the Risk Driver Method to the analysis so that you can clearly and transparently identify the key risks, rather than just the most risky cost line items. With detailed worked examples and over 70 illustrations, Integrated Cost-Schedule Risk Analysis offers the definitive guide to this critically important aspect of project management from surely the world's leading commentator.
Practical Schedule Risk Analysis And Integrated Cost Schedule Risk Analysis
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Author : David Hulett
language : en
Publisher: Gower Publishing Company
Release Date : 2011-06-28
Practical Schedule Risk Analysis And Integrated Cost Schedule Risk Analysis written by David Hulett and has been published by Gower Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-28 with Business & Economics categories.
This two volume collection of David Hulett's Practical Schedule Risk Analysis and Integrated Cost-Schedule Risk Analysis provides a rigorous and detailed guide for the project risk specialist to two of the three key elements of the project triangle: time and cost. With detailed worked examples and copious illustrations, this two-volume set offers the definitive guide to these critically important aspects of project management from surely the world's leading commentator.
Integrated Cost Schedule Risk Analysis
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Author : David Hulett
language : en
Publisher: CRC Press
Release Date : 2016-05-23
Integrated Cost Schedule Risk Analysis written by David Hulett and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-23 with Business & Economics categories.
Project managers tend to believe their cost estimates - whether they have exceeded budgets in the past or not. It is dangerous to accept the engineering cost estimates, which are often optimistic or unrealistic. Though cost estimates incorporate contingency reserves below-the-line, these estimates of reserves often do not benefit from a rigorous assessment of risk to project costs. Risks to cost come from multiple sources including uncertain project duration, which is often ignored in cost risk analyses. In short, experience shows that cost estimating on projects is rarely successful - cost overruns routinely occur. There are effective ways to estimate the impact on the cost of complex projects from project risks of all types, including traditional cost-type risks and the indirect but often substantial impact from risks usually thought of as affecting project schedules. Integrated cost-schedule risk anlaysis helps us determine how likely the project will go over budget with the current plan, how much contingency reserve is required to achieve a desired level of certainty, and which risks are most important so the project manager can mitigate them and achieve a better result. Integrated Cost-Schedule Risk Analysis provides solutions for these and other challenges. This book follows on from David Hulett's highly-praised Practical Schedule Risk Analysis. It focuses on the way that schedule risk can generate cost risk, and how to handle this relationship. It also applies the Risk Driver Method to the analysis so that you can clearly and transparently identify the key risks, rather than just the most risky cost line items. With detailed worked examples and over 70 illustrations, Integrated Cost-Schedule Risk Analysis offers the definitive guide to this critically important aspect of project management from surely the world's leading commentator.
Project Risk Quantification
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Author : John K. Hollmann
language : en
Publisher:
Release Date : 2016-06-28
Project Risk Quantification written by John K. Hollmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-28 with categories.
Project Risk Quantification presents the most practical, realistic, and integrated approach to project cost and schedule Risk Quantification that is available today. It offers proven, empirically-valid methods and tools applicable to projects of all types and at all decision gates. The text is written for both the manager and the risk analysis practitioner. It will bring reliable accuracy and contingency determination to your capital project organization.
Construction Project Scheduling And Control
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Author : Saleh A. Mubarak
language : en
Publisher: John Wiley & Sons
Release Date : 2019-07-25
Construction Project Scheduling And Control written by Saleh A. Mubarak and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-25 with Technology & Engineering categories.
Ensure successful construction projects through effective project scheduling and control The success of a construction project is dependent on a schedule that is well-defined yet flexible to allow for inevitable delays or changes. Without an effective schedule, projects often run over budget and deadlines are missed which can jeopardize the success of the project. The updated Construction Project Scheduling and Control, Fourth Edition is a comprehensive guide that examines the analytical methods used to devise an efficient and successful schedule for construction projects of all sizes. This Fourth Edition describes the tools and methods that make projects run smoothly, with invaluable information from a noted career construction professional. Construction Project Scheduling and Control, Fourth Edition offers construction professionals a redefined Critical Path Method (CPM) and updated information on Building Information Modeling (BIM) and how it impacts project control. This Fourth Edition includes worked problems and scheduling software exercises that help students and practicing professionals apply critical thinking to issues in construction scheduling. This updated edition of Construction Project Scheduling and Control: Includes a revised chapter on the Critical Path Method (CPM) and an all-new chapter on project scheduling and control as viewed through the owner's perspective Provides numerous worked problems and construction scheduling exercises Includes an expanded glossary and list of acronyms Offers updated instructor materials including PowerPoint lecture slides and an instructor's manual Written for undergraduate and graduate students in construction management, civil engineering, and architecture, as well as practicing construction management professionals, Construction Project Scheduling and Control, Fourth Edition is updated to reflect the latest practices in the field.
Practical Project Risk Management
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Author : David Hillson
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2012-08
Practical Project Risk Management written by David Hillson and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-08 with Business & Economics categories.
This second edition of the book reflects the authors' work to continually improve upon the model and to apply the methodology to a broader range of issues. The book includes: • An entirely new chapter on managing risk in programs, which is an important dimension in today's world of ever more complex initiatives • Updated material and methodology more closely aligned with relevant international standards • Emphasis on minimizing the threats and maximizing the opportunities to optimize achievement of your project goals Based on sound principles and best practices, this book guides any member of the project management team in conducting risk management in a real-world environment.
Practical Project Risk Management Third Edition
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Author : David Hillson
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2020-11-03
Practical Project Risk Management Third Edition written by David Hillson and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-03 with Business & Economics categories.
This new edition of an award-winning risk management classic is more actionable than ever with new chapters on facilitating risk conversations and running a risk workshop. Risk isn't just about threat; it's also about opportunity. You have to be ready to take advantage of the most unexpected events—good or bad—with any project you are managing. But how does this work in practice? The Active Threat and Opportunity Management (ATOM) methodology offers a simple, scalable risk process that applies to all projects in all industries and business sectors. For each process step, the authors offer practical advice, hints, and tips on how to get the most out of the risk management process. Risk management really can work in practice. This Project Management Institute award-winning methodology is already used by top corporations. Whether you are someone with no prior knowledge of risk management or someone who simply needs guidance on how to apply risk management successfully, this book will help you tackle the ups and downs of this unpredictable world.
Managing Risk In Projects
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Author : David Hillson
language : en
Publisher: Routledge
Release Date : 2017-05-15
Managing Risk In Projects written by David Hillson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-15 with Business & Economics categories.
Projects are risky undertakings, and modern approaches to managing projects recognise the central need to manage the risk as an integral part of the project management discipline. Managing Risk in Projects places risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries. The generic approach detailed by David Hillson is 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) but David also introduces key developments in the risk management field, ensuring readers are aware of recent thinking, focusing on their relevance to practical application. Throughout, the goal is to offer a concise description of current best practice in project risk management whilst introducing the latest relevant developments, to enable project managers, project sponsors and others responsible for managing risk in projects to do just that - effectively.
Identifying And Managing Project Risk
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Author : Tom Kendrick
language : en
Publisher: AMACOM Div American Mgmt Assn
Release Date : 2003
Identifying And Managing Project Risk written by Tom Kendrick and has been published by AMACOM Div American Mgmt Assn this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
"A guide to help project managers determine risk factors throughout every phase of a project." - dust jacket.
Project Decisions 2nd Edition
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Author : Lev Virine
language : en
Publisher: Berrett-Koehler Publishers
Release Date : 2019-11-05
Project Decisions 2nd Edition written by Lev Virine and has been published by Berrett-Koehler Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-11-05 with Business & Economics categories.
This new edition gives project managers practical methods and tools to make the right decisions while juggling multiple objectives, risks and uncertainties, and stakeholders. Project management requires you to navigate a maze of multiple and complex decisions that are an everyday part of the job. To be effective, you must know how to make rational choices with your projects, what processes can help to improve these choices, and what tools are available to help you with decision-making. An entertaining and easy-to-read guide to a structured project decision-making process, Project Decisions will help you identify risks and perform basic quantitative and qualitative risk and decision analyses. Lev Virine and Michael Trumper use their understanding of basic human psychology to show you how to use event chain methodology, establish creative business environments, and estimate project time and costs. Each phase of the process is described in detail, including a review of both its psychological aspects and quantitative methods.