Project Risk Analysis Made Ridiculously Simple

Front Cover
Imperial College Press, Jan 5, 2017 - Business & Economics - 284 pages
2 Reviews

 Project management is the art of analyzing and managing risks. Without risk, there is little need for project management. Project Risk Analysis Made Ridiculously Simple offers a step-by-step guide on how to perform project risk analysis and risk management for a wide range of readers: students, project schedulers not exposed to project risk analysis before, and to project risk experts. With this book, you will learn how to:

Identify and manage risks over the course of a projectPerform qualitative and quantitative risk analysisPerform project risk analysis using Monte Carlo simulationsUse event chain methodology to improve project risk analysisPerform risk analysis of project portfolios.

Easily recognizable real-life stories and projects provide a compelling narrative while imparting valuable information on both the theory and practice of project risk management. You will not only understand why project risk management is important to the success of their projects, but you will also know how it can be implemented in your organization and the appropriate tools to use.


What people are saying - Write a review

User Review - Flag as inappropriate

This is a good guide for project risk analysis from novice to advanced. While the title might suggest that it is a knock of the popular "xxx for Dummies" series, it brings with it a wider range of information that provide the beginner basic step by step procedures to perform project risk analysis, but also provides a lot of theory and advanced techniques that experienced practitioners will appreciate. For example, once you understand how risk events can be analyzed, you are invited into a discussion on Event Chains that while not ridiculously simple, will be of interest to those looking for more advanced techniques to improve project predictability. While the title suggests that it's target audience are novices, I would also recommend it for experienced managers who want to catch up on some of the latest methods in managing project risk. 

User Review - Flag as inappropriate

Full of interesting examples that keep you on your toes and just want to make you keep reading! This is a must have book for all project and risk professionals. The book is full of practical illustrations, charts and tables. It's all you need to know about project risk and how to apply it the right way!  


Part II Quantitative Project Risk Analysis
Part III Advanced Quantitative Project Risk Analysis
Part IV Portfolio Risk Analysis
Further Reading

Other editions - View all

Common terms and phrases

About the author (2017)

 Lev Virine (Project Decisions, Calgary, Canada), Michael Trumper (Project Decisions, Calgary, Canada)

Bibliographic information