Drawing on examples from a variety of business activities as well as on their own extensive experience, the authors propose a systematic approach to dealing with risk. They provide both a conceptual framework and the practical techniques for identifying, analysing and controlling risks of any type. Among other things you will learn: * how to carry out an objective review of the factors involved * how to recognize the warning signs so that you can head off trouble before it strikes * how to take care of the 'people side' of project management.... given probabilities are called a#39;stochastic processesa#39;. A tree diagram is used to describe these processes and in computing the probability of an occurrence. To illustrate this we can analyse a schedule slippage of activities on the critical path.
|Title||:||Reducing Project Risk|
|Author||:||Ralph L. Kliem, Irwin S. Ludin|
|Publisher||:||Gower Publishing, Ltd. - 1997-01-01|