Preston G. Smith, Guy M. Merritt
Published June 17, 2002
Reference - 250 Pages
ISBN 9781563272653 - CAT# PP7265
Published July 27, 2017
ISBN 9781138438743 - CAT# K37404
For Instructors Request Inspection Copy
Listed as one of the 30 Best Business Books of 2002 by Executive Book Summaries
Proactive Risk Management's unique approach provides a model of risk that is scalable to any size project or program and easily deployable into any product development or project management life cycle. It offers methods for identifying drivers (causes) of risks so you can manage root causes rather than the symptoms of risks.
Providing you with an appropriate quantification of the key factors of a risk allows you to prioritize those risks without introducing errors that render the numbers meaningless. This book stands apart from much of the literature on project risk management in its practical, easy-to-use, fact-based approach to managing all of the risks associated with a project. The depth of actual how-to information and techniques provided here is not available anywhere else.
Chapter 1: What Is Risk And How Is It Managed?
Chapter 2: Using Project Risk Models
Chapter 3: The Risk Management Process
Chapter 4: Step 1 - Identifying Project Risks
Chapter 5: Step 2 - Analyzing Risks
Chapter 6: Step 3 - Prioritizing and Mapping Risks
Chapter 7: Step 4 - Planning Resolution of Targeted Risks
Chapter 8: Step 5 - Monitoring Project Risks
Chapter 9: Risk Management Toolkit
Chapter 10: Risk Management Approaches and Strategies
Chapter 11: Implementing a Project Risk Management Program Successfully
Chapter 12: Case Studies from Allied Fields
"The authors present an easy-to-understand model and an easy-to-implement set of steps to successful risk management. This book should be required reading for project and product managers. I believe you can read it one day, implement it the next, and begin seeing results immediately. The model and approach presented here navigates the knife-edge between the obvious babbling and the philosophical musing that seems to dominate the risk management literature."
"In our fast-paced environment, there is ever-increasing pressure to bring successful new products and services to market faster than before. This means that risk management is strategically important to the success of your project or venture. Proactive Risk Management provides proven techniques for assessing and avoiding risks before they hinder the results of your project. This excellent manual will be my standard reference on the subject from now on."
"Successfully managing complex product development projects - and keeping effected customers, stakeholders and team members connected - requires clear communication. In my experience as a leader of projects and project managers in Defense, Aerospace, Commercial Consumer Electronics and Medical Devices/Bio Pharmaceuticals the most effective basis for that communication is risk identification and management. Proactive Risk Management provides an extremely practical guide to the tools, techniques and strategies that best enable that risk-based communication. It is clear that identifying and accepting the "right" risks within a project can be a powerful competitive edge. Keep a copy of this book on your desk and in the hands of your teams I will."
"This book clearly communicates the challenges of risk management in product development and provides simple, proven methods for addressing them. The authors' experience with managing risk in product development is clearly evidenced in their practical treatment of the subject. They take a holistic view of product development and illuminate the cross-functional nature of risk in product development. They then offer a straightforward procedure for managing risk and suggestions for implementing techniques in the real world."