Mastering Risk and Procurement in Project Management: A Guide to Planning, Controlling, and Resolving Unexpected Problems

by Randal Wilson

Overview

Master the crucial risk management and procurement tasks that are indispensable to project success! In Mastering Risk and Procurement in Project Management, expert project manager and seasoned professor Wilson addresses every stage of the project where risk management and procurement are relevant, especially planning, monitoring, and control. Teaching through relevant examples and case studies, Wilson explains:

• Why risk management and procurement are so crucial to achieving your project's goals
• The deep and surprising linkages that exist across risk management and procurement
• How to avoid common pitfalls
• How to integrate best-practice risk management and procurement throughout your PMBOK processes.

Drawing on his own extensive experience, he offers in-depth coverage of topics ranging from contracting and risk monitoring to project close-out, and gives readers practical knowledge of critical processes and tasks in project management.

Product Details

ISBN-13:	9780133838497
Publisher:	Pearson Education
Publication date:	08/21/2014
Series:	FT Press Operations Management
Sold by:	Barnes & Noble
Format:	eBook
Pages:	256
Sales rank:	387,650
File size:	1 MB
Age Range:	18 Years

About the Author

Randal Wilson, MBA, PMP, serves as Visiting Professor of Project Management, Keller Graduate School of Management, at the Elk Grove, CA DeVry University campus. His teaching style is one of addressing Project Management concepts using not only academic course guidelines and text, but includes in-depth discussions in lectures using practical application from industry experience.

 

Mr. Wilson is currently Operations and Project Manager at Parker Hose and Fittings. He is responsible for five locations across Northern California and Nevada, as well as project management of redesigns/renovation of existing facilities and construction of new facilities.

 

Mr. Wilson was formally in the telecommunications industry as Senior New Product Introduction Engineer at REMEC, Inc., Senior New Product Introduction Engineer with Spectrian Corp., and Associate Design Engineer with American Microwave Technology. He also served as Senior Manufacturing Engineer at Hewlett Packard.

 

He is a certified Project Management Professional (PMP) of the Project Management Institute. He acquired an MBA with a concentration in General Operations Management from Keller Graduate School of Management of DeVry University in Fremont, California, and a Bachelor of Science in Technical Management with a concentration in Project Management from DeVry University in Fremont. 

 

Table of Contents

Introduction    1

Part I: Risk and Procurement Planning

Chapter 1: Risk Strategy and Planning    19
Chapter 2: Identifying Risk    39
Chapter 3: Risk Analysis    71
Chapter 4: Plan Procurement Strategy    93

Part II: Project Execution
Chapter 5: Risk Response Strategies    127
Chapter 6: Procurement Execution Strategies    141

Part III: Integrated Monitoring and Control

Chapter 7: Risk Monitoring and Control    181
Chapter 8: Procurement Monitoring and Control    213

Part IV: Project Closer

Chapter 9: Close Risk Events    235
Chapter 10: Close Procurements    249
Bibliography    263

Index    265