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    Project Risk Management: Simplified!
    Project Risk Management: Simplified!
    Project Risk Management: Simplified!
    Ebook55 pages53 minutes

    Project Risk Management: Simplified!

    By Michael Bender

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    About this ebook

    Perhaps the most misunderstood of the project management disciplines, project risk management is simple to master and is one of the most powerful tools for both novice and advanced project managers.

    Whatever concerns your project may offer: political, technical, resource or inexperienced team, project risk management can reduce or eliminate them.

    You'll learn how to use risk management to:
    •manage stakeholder expectations
    •retain resources
    •control scope
    •manage clients
    •maintain project schedules

    Offering a simplified methodology, this book offers pragmatic and easy-to-understand techniques, tools, methods, forms and checklists for managing risks. You’ll find step-by-step instructions for applying Nominal Group Technique, Delphi Technique, Brainstorming Light and other methods to help you manage your project risks.

    Finally, you’ll see how to use the cause-effect relationship of risks to manage high-level stakeholders, senior management and clients.

    LanguageEnglish
    PublisherMichael Bender
    Release dateJul 15, 2013
    ISBN9781940441016
    Project Risk Management: Simplified!
    Author

    Michael Bender

    Mr. Bender is president and CEO of Ally Strategic Partners, Ltd., trading as Ally Business Developers. He is a public speaker, seminar leader and has authored three books on project management. In addition to speaking for Ally, Mr. Bender is a frequent speaker for the American Management Association, Global Knowledge, and is a frequent quest speaker for DePaul University business programs. Mr. Bender has directed the development of all of Ally's project and business process mangement curriculurm, covering all aspects of business management, from basic work management through project, program, business process, portfolio management and strategic planning. Through the years, Mr. Bender has worked on such projects as: Hubbell Space Telescope; air traffic control systems in the US, the UK and Taiwan; NEXRAD project developing dopplar weather radar; communications systems; chip design and manufacturing; pharaceutical projects and processes; city/state governments; IT departments; computer systems development; and many others. Specialties: Keynote speaker, business consultant, and seminar leader in developing value-based business models, strategic planning, project and business process management training and consulting. Publications: . Setting Goals and Expectations . A Managers Guide to Project Management . Project Risk Management - Simplified!

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      Book preview

      Project Risk Management - Michael Bender

      The Project Management Mini-Series

      Project Risk Management – Simplified!

      Michael B Bender

      Copyright Michael B Bender 2013

      Published by Ally Publishing Group at Smashwords

      The Project Management Mini-Series

      Project Risk Management - Simplified!

      1st Edition: July 2013

      2nd Edition: November 2013

      Copyright © 2013 Michael B Bender. All rights reserved.

      Published by: Ally Publishing Group, Sugar Grove, IL 60554

      Please forward comments and suggestions to:

      AllyPublishingGroup@AllyBusiness.com

      PMI, PMP and PMBOK are registered trademarks of the Project Management Institute, Newtown Square, PA.

      Company and product names mentioned herein are the trademarks or registered trademarks of their respective owners.

      Printed in the United States of America. No part of this work may be reproduced or transmitted in any form or by any means, electronic, manual, photocopying, recording, or by any information storage and retrieval system, without prior written permission of the publisher.

      ISBN-10: 1-940441-01-3

      ISBN-13: 978-1-940441-01-6

      Dedication

      To my mother, for all her love, support and wisdom throughout the years … one of the last of the Great Generation!

      Preface

      About the Series

      I specifically designed the Project Management Mini-Series for busy project managers. Project management is a vast topic. While no particular aspect of project management is difficult, mastering all the necessary skills to make a project successful just takes time.

      You’ll face many issues in your journey to master the discipline; some you’ll handle nicely, but some will involve skills that may be new to you. You’ll want professional-level answers to specific project management questions quickly. I designed the Project Management Mini-Series for just such occasions.

      The books are short, inexpensive, written for professional project managers and designed to be easy-to-read. They get to the point, demonstrate how to apply the skill, they offer tools and techniques and then allow you to get on your way.

      The series is not just for new project managers. I include three levels of books, color-coding the levels for quick recognition:

      - Simplified! (Hunter Green) for new or novice project managers

      - Skilled (Royal Blue) for novice to moderate skill levels

      - Advanced (Gold) for more advanced techniques

      Some key features I included in the books:

      · Templates, forms, charts and checklists with descriptions on how to use them.

      · You can download electronic copies of the templates and forms on my company’s web site: www.AllyBusiness.com/PMTools/, adjust them for your own style and use them.

      · Tricks of the Trade is a section I include in each book. This section offers specific techniques I and many of my colleagues used to accomplish the goals and tasks involved in the topic.

      I hope you find the series useful. Please feel free to e-mail me with comments and suggestions. I set up a special e-mail address for this series: PM-Mini-Series@AllyBusiness.com.

      About the Book

      Project risk management is one of the most misunderstood of the project management disciplines. Perhaps it’s because we’re not comfortable thinking about the bad things that can happen; or perhaps the reason is the concepts are new to us; or maybe it’s the constant bombardment from higher-level

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