The Rules of Project Risk Management

Reviews / Votes

'This is a well-researched and authoritative book on managing risks in projects. It is written by an acknowledged expert who has devoted his lifetime career to the study and application of risk management. Its approach is aligned with the international standard, "Risk Management Principles and Guidelines", ISO 31000, and it presents key principles for managing project risks. However, the unique feature is its structure, based on 22 practical guidelines, called "rules". The author suggests that, as an alternative to reading the book cover to cover, the reader might prefer to peruse individual rules when time permits. Anyone involved in project or risk management should read this book.'Mike Nichols, Founder and Chairman of The Nichols Group, Chairman of the Association for Project Management and Board Member of the Major Projects Association'Rob Chapman's book is highly unusual but completely invaluable in taking a case study based approach to a subject that often is confused by an excess of jargon and process. Dr Chapman draws on an extensive international range of real projects to demonstrate how things can so easily go wrong, and what project managers can learn from high profile failures. I thoroughly recommend this book to anyone involved in project and programme management.' Steve Fowler, CEO, The Institute of Risk Management, UK 'A unique combination of the foundations of project management and the latest trend in risk management standardisation with clear alignment with the ISO 31000 risk management standard.' Alex Dali, President, The Global Institute for Risk Management Standards, France'More than ever, larger, more complex and more expensive projects are required in a severely constrained global economy. The Rules of Project Risk Management is essential reading, not merely for the project management professional but for all stakeholders who have a keen interest in leveraging better results from project investments. Whether a project is executed for commercial or social benefit, the insights given in this book are invaluable. Chapman shares his vast experience in risk management through practical case studies and pertinent guidance tools. He deals with the factors which have habitually influenced performance but refreshingly provides beneficial insight into the delicate factors of human psyche and behaviour which have been little understood or quantified for the influence they bear in managing project risk. Proactive and sustained risk management is rightly placed at the heart of project success .' Moira Moses, Group Executive, Transnet Capital Projects (2007 - 2012), South Africa'Dr. Chapman's book is extremely timely. All projects are subject to risk, the challenge is identify and effectively manage risk. Project risk management is a rapidly emerging tool, but is often not well understood by executive and senior management. Dr. Chapman's book is a must read for anyone responsible for profit and loss as well as project delivery. The book is structured in a concise effective manner with outstanding case studies that bring life to the concepts and theory through real life examples of success and failure. This is a book that I will keep close by for ready reference.'Thomas Topolski, Senior Vice President and Managing Director, Middle East North Africa, Louis Berger, Qatar'I had the pleasure and privilege of working with Dr Chapman on the Transnet Capital expansion Program in South Africa, one of the largest centrally-managed programs of projects the country has seen. In his capacity as Program Practice Lead for Risk Management, Dr Chapman brought a level of expertise and experience and instituted processes that served us proud. The Program was a major success, and Dr Chapman's oversight of Risk Management at multiple levels was a significant contributor to that. I am delighted that he has authored this book which I know will help us all deliver projects more successfully.;Alan Grey, Managing Director-I ' - a really excellent book with a great deal of highly useful information that would be of immense value not only to project managers, but to other members of a project team or even the stakeholders. A superb read, and a book that some practitioners might find becomes a highly valued reference book.' BCS, The Chartered Institute for IT