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Risk Management for Engineering Projects

Procedures, Methods and Tools

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Covers the entire process of risk management by providing methodologies for determining the sources of engineering project risk, and once threats have been identified, managing them identification and assessment (probability, relative importance, variables, risk breakdown structure, etc.); implementation of measures for their prevention, reduction or mitigation; evaluation of impacts and quantification of risks and establishment of control measures. It also considers sensitivity analysis to determine the influence of uncertain parameters values on different project results, such as completion time, total costs, etc. Case studies and examples across a wide spectrum of engineering projects discuss such diverse factors safety; environmental impacts; societal reactions; time and cost overruns; quality control; legal issues; financial considerations; and political risk, making this suitable for undergraduates and graduates in grasping the fundamentals of risk management.

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Risk Management for Engineering Projects, Nolberto Munier

Language
Released
2014
Binding
(Hardcover)
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Title
Risk Management for Engineering Projects
Subtitle
Procedures, Methods and Tools
Language
English
Publisher
Springer
Released
2014
Format
Hardcover
Pages
230
ISBN10
3319052500
ISBN13
9783319052502
Series
Description
Covers the entire process of risk management by providing methodologies for determining the sources of engineering project risk, and once threats have been identified, managing them identification and assessment (probability, relative importance, variables, risk breakdown structure, etc.); implementation of measures for their prevention, reduction or mitigation; evaluation of impacts and quantification of risks and establishment of control measures. It also considers sensitivity analysis to determine the influence of uncertain parameters values on different project results, such as completion time, total costs, etc. Case studies and examples across a wide spectrum of engineering projects discuss such diverse factors safety; environmental impacts; societal reactions; time and cost overruns; quality control; legal issues; financial considerations; and political risk, making this suitable for undergraduates and graduates in grasping the fundamentals of risk management.