Managing Risk: In Construction Projects
- ISBN-10
- 1405172746
- ISBN-13
- 9781405172745
- Series
- Managing Risk
- Category
- Technology & Engineering
- Pages
- 256
- Language
- English
- Published
- 2009-02-18
- Publisher
- John Wiley & Sons
- Authors
- Paul Jobling, Tony Merna, Nigel J. Smith
Description
Written by a group of academics and practitioners, this guide isfor construction practitioners having to manage real projects. Itshows how the risk management process improves decision making inconditions of uncertainty. This new edition includes the input of the Turnbull report, as wellas to introduce the concept of corporate, strategic business, andproject level risk. The authors cover: * a description of risk management and decision making in thecontext of a construction project * the human dimension * tools and techniques available to the risk analyst * the problems of procurement and finance * the practical application of risk analysis, including theprinciples of risk modelling and simulation, together wit casestudies. A thorough understanding of these concepts will provide the projectmanager with the basis for effective decision making. From the reviews of the first edition: 'This book should be compulsory reading for all concerned with themanagement of risk in construction - whether academics orpractitioners.' Chartered Surveyor Monthly 'A valuable addition to the literature ... which helps condense,simplify and provide practical advice on how to implement riskmanagement on construction projects.'
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