Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management

Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management

Yuri Raydugin (Risk Services & Solutions Inc., Canada)
Indexed In: SCOPUS View 1 More Indices
Release Date: November, 2016|Copyright: © 2017 |Pages: 504
ISBN13: 9781522517900|ISBN10: 1522517901|EISBN13: 9781522517917|DOI: 10.4018/978-1-5225-1790-0


The proper understanding and managing of project risks and uncertainties is crucial to any organization. It is of paramount importance at all phases of project development and execution to avoid poor project results from meager economics, overspending, reputation and environmental damage, and even loss of life.

The Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management is a comprehensive reference source for emerging perspectives of managing risks associated with the execution and development of projects. Highlighting innovative coverage written by top industry specialists, such as complexity theory, psychological bias and risk management fallacies, probabilistic risk analysis, and various aspects of project decision making, this book is ideally designed for project and risk managers, project engineers, cost estimators, schedulers, safety and environmental protection specialists, corporate planners, financial and insurance specialists, corporate decision makers, as well as academics and lecturers working in the area of project management and students pursing PMP, PMI-RMP, ISO 31000, etc. certification.

Topics Covered

The many academic areas covered in this publication include, but are not limited to:

  • Deterministic (Scoring) Risk Methodology
  • Implications of Complexity Theory to Project Management
  • Integration of Project Risk Management with Enterprise Risk Management, Estimating, Scheduling, Project Controls, Engineering, Operations, Strategic Bidding, Business Development, Etc.
  • Probabilistic (Monte Carlo) Cost and Schedule Risk Analysis
  • Project Estimating, Scheduling, and Contingency’s Development
  • Project Scoping Based on Deterministic and Probabilistic Risk Methods
  • Psychological Aspects of Risk Management and Project Decision Making
  • Risk-Based and Economic-Based Selection of Project Alternatives
  • Risk-Centric Project Performance Management

Table of Contents and List of Contributors

Search this Book:

Author(s)/Editor(s) Biography

Yuri Raydugin, P.Eng., M.B.A. is an experienced risk management professional who developed and implemented successful risk management systems for several major oil & gas companies and dozens mega and major capital projects in North America, Middle East and Asia. He runs risk management of projects applying a variety of proven deterministic and probabilistic methods. Full and efficient engagement of project teams is a cornerstone of his risk management approach. Dr. Raydugin is an author of several publications on risk management including a best selling book Project Risk Management: Essential Methods for Project Teams and Decision Makers (2013), Hoboken, NJ: John Wiley & Sons. He is a member of Association of Professional Engineers and Geoscientists of Alberta (APEGA), Canada, and Saudi Council of Engineers (SCE), Saudi Arabia