Riskmanagement

17.G Introduction 651

17.1 Definition of Risk 653

17.2 Tolerance for Risk 654

17.3 Definition of Risk Management 655

17.4 Certainty, Risk, and Uncertainty 656

17.5 Risk Management Process 661

17.6 Risk Planning 662

17.7 Risk Assessment 663

17.8 Risk Identification 664

17.9 Risk Analysis 668

17.1G The Monte Carlo Process 675

17.11 Risk Handling 681

17.12 Selecting the Appropriate Response Mechanism 685

17.13 Risk Monitoring 686

17.14 Some Implementation Considerations 687

17.15 The Use of Lessons Learned 688

17.16 Dependencies between Risks 692

17.17 The Impact of Risk Handling Measures 696

17.18 Risk and Concurrent Engineering 699

Problems 703 Case Studies

Teloxy Engineering (A) 709 Teloxy Engineering (B) 710

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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