Table of Contents

Foreword to the first edition.
Foreword to the second edition.


Preface.


Acknowledgements.


Part I: Setting the scene.


1. Uncertainty, risk, and their management.


2. The project life cycle.


3. Motives for formal risk management processes.


4. An overview of generic risk management processes.


Part II: Elaborating the generic process framework.


5. Define the project.


6. Focus the process.


7. Identify the issues.


8. Structure the issues.


9. Clarify ownership.


10. Estimate variability.


11. Evaluate overall implications.


12. Harness the plans.


13. Manage implementation.


Part III: Closing the loop.


14. Risk management initiated at different stages in the project
life cycle.


15. Effective and efficient risk management.


16. Ownership issues: a contractor perspective.


17. Organizing for risk management.


References.


Index.

About the Author

Chris Chapman, is a Professor of Management Science in the
School of Management of the University of Southampton. He was the
founding chair of the Association for Project Management Specific
Interest group on Project Risk Management. He is a past president
of the Operational Research Society and the current chai r of the
Committee of Professors in Operational Research. He is an Honourary
Fellow of the Institute of Actuaries. For more tha n 25 years his
research interest has focused on risk and uncertainty management.
Like Stephen, his research is largely consultancy based, and he
writes from a practical but conceptually rigorous perspective. He
has published extensively, including joint authorship of
Management for Engineers, (Wiley 1987), Risk Analysis for
Large Projects: Models, Methods and Cases, (Wiley 1987),
Project Risk Management: Processes, Techniques and Insights,
(Wiley, 1997) and Managing Project Risk and Uncertainty: A
Constructively Simple Approach to Decision Making, (Wiley
2002).
Stephen Ward is a Senior Lecturer in the School of
Management of the University of Southampton. Much of his research
is consultancy based, giving him a broad spectrum of practical
experience across a wide range of organizations over several
decades. He combines this practical perspective with a thorough
conceptual understanding from which to write. He has published
widely, including contributions to Management for Engineers
(Wiley 1987), joint authorship of Project Risk Management:
Processes, Techniques and Insights, (Wiley, 1997), and joint
authorship of Managing Project Risk and Uncertainty: A
Constructively Simple Approach to Decision Making, (Wiley
2002). He is the founding director of Southampton?s MSc in
Risk Management.