Projects need to achieve strategic goals and to that end must work in different levels of uncertainty. Engineers must be aware of methods to operate in ambiguous situations. Project promoters, project managers and consultants should understand the formative stages of each project and the risk and value decisions that have to be made. This book offers one of the first integrated approaches to these three topics based on the views of experts in these disciplines.

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry.

 

This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty.

 

The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects.

 

It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP.  

 

With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry.

 

This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty.

 

The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects.

 

It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP.  

 

With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry.  This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty.  The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects.  It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP.    With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Engineering Project Management provides a clear description of the aims of project management, based on best practice, and discusses the theory and practice in relation to multi-disciplinary engineering projects, both large and small, in the UK and overseas.The Third Edition takes account of the increase in joint ventures, project partnering, special project vehicles and other forms of collaborative working. The text has been extended to give more information on procurement, stakeholders and collaborative provision.For the first time this book now contains a chapter on the UK PRINCE2 project management methodology providing a unique insight into this increasingly popular approach.The expertise of the authors gained from their promotion of effective project management through a combination of professional experience, research, consultancy, education and training should be beneficial to both students of project management and recently appointed or practising project managers. The material is appropriate to support Masters level teaching, MSc, MBA and MEng, either by universities or others, action or distance learning courses and self learning programmes.

Projects need to achieve strategic goals and to that end must work in different levels of uncertainty. Engineers must be aware of methods to operate in ambiguous situations. Project promoters, project managers and consultants should understand the formative stages of each project and the risk and value decisions that have to be made. This book offers one of the first integrated approaches to these three topics based on the views of experts in these disciplines.

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry.

 

This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty.

 

The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects.

 

It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP.  

 

With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry.

 

This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty.

 

The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects.

 

It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP.  

 

With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry.  This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty.  The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects.  It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP.    With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Engineering Project Management provides a clear description of the aims of project management, based on best practice, and discusses the theory and practice in relation to multi-disciplinary engineering projects, both large and small, in the UK and overseas.The Third Edition takes account of the increase in joint ventures, project partnering, special project vehicles and other forms of collaborative working. The text has been extended to give more information on procurement, stakeholders and collaborative provision.For the first time this book now contains a chapter on the UK PRINCE2 project management methodology providing a unique insight into this increasingly popular approach.The expertise of the authors gained from their promotion of effective project management through a combination of professional experience, research, consultancy, education and training should be beneficial to both students of project management and recently appointed or practising project managers. The material is appropriate to support Masters level teaching, MSc, MBA and MEng, either by universities or others, action or distance learning courses and self learning programmes.