Risk Management: Concepts and Guidance, Fourth Edition

by Carl L. Pritchard

Risk is a future phenomenon. As part of our eternal quest to control some small component of our future, it is the focus of many business discussions, thus making it an essential part of decision making. The challenge comes in creating a degree of consistency in managing risk and the risk process.

In his fourth edition of Risk Management: Concepts and Guidance , Carl L. Pritchard, PMP, again addresses this challenge expertly. This comprehensive edition views risk in light of current information, while remaining grounded in the history of risk practice. Updated to reflect the Project Management Institute, Inc.’s PMBOK ® Guide, Fourth Edition , this edition emphasizes greater clarity on risk practice from a pragmatic perspective.

Risk Management uses a holistic approach, examining risk as a blend of environmental, programmatic, and situational concerns. It is an encyclopedia of risk management tools, practices, and protocols. The book’s 35 tool-packed chapters cover the latest perspectives, focusing on a systematic approach to risk management. The author highlights specific techniques to enhance organizational risk identification, assessment, and management, all within the project and program environments. The book is a must-have project management tool for gaining a higher-level perspective on risk management and enhancing organizational risk identification, assessment, and management.

Genres: Nonfiction, Business

448 pages, Paperback

First published January 1, 1997

Reviews

[Miss Julie · Rating 4 out of 5]

It took me a little bit to get into this book and get accustomed to its layout and how it reads. This could be due to the complexity of the subject matter and how the terminology and vocabulary can be a little technical. All in all once I got the hang of it, it was pretty easy to follow.

[Ricardo Vargas · Rating 5 out of 5]

Simple clear and sharp book to understand Risk Management.

Livro simples, claro e preciso para compreender Gerenciamento de Riscos.

[Joe · Rating 4 out of 5]

This is a really good book to keep in your office when you want to look up ways to implement risk management. Each technique is broken down with examples on how to use it. It's more of an overview of risk management, especially as it applies to project managers. However, the concepts are solid, and it's not very technical at all. There are a few examples with formulas, but it's nothing most people haven't seen before.

[Bob Wallner · Rating 4 out of 5]

The course I am taking right now focuses on project risk management and I found this book very useful. The narrator was easy to listen to and the topic flowed nicely. The only problem keeping it from five stars is there is no accompanying pdf with some of the charts and such. This would have been hugely valuable for points of reference.

[Ne Na · Rating 3 out of 5]

It's outdated, but alright when it comes to general terms and concepts. A bit too general for my needs but still helpful in getting the bigger picture when considering risk management in any context.

[Tracy · Rating 4 out of 5]

Great non-textbook class book on Risk Management.

[Ken · Rating 4 out of 5]

Very informative and readable.