Risk Management: Concepts and Guidance

Taking a holistic approach, Risk Management: Concepts and Guidance gives us a look at the risk of the current information covering the history of risk practice. This book observes the risk as a combination of environmental, pragmatic, and situational concerns providing us with tools, practices, and protocols.

Explaining the importance of risk practice, Risk Management offers comprehensive coverage to powerful methods that can improve risk identification, assessment, and management. Analyzing various systems that are used for risk management, it also gives us fundamental insights into the basics of certain techniques to clarify the crucial concepts of risk and how they can be applied in projects. Finally, Risk Management adopts PMI’s viewpoint that risk can be seen as a threat, but also as an opportunity and any effective risk management practice must cover the potential positive as well as negative events that may occur to a project.