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Customer Reviews
Most Helpful Customer Reviews
5 of 5 people found the following review helpful
I got hold of this standard having gained my CAPM qualification and wanting to explore Project Risk Management in greater detail, following the same structure PMBOK communicates on Project Risk Management (PRM).
I was not suprised to see that half of the standard referred to the six Project Risk Management processes mentioned in PMBOK's Chapter 11.
1) Plan Risk Management
2) Identify Risks
3) Perform Qualitative Risk Analysis
4) Perform Quantitative Risk Analysis
5) Plan Risk Responses
6) Monitor and Control Risks
However, the other half of the standard focuses on the presentation of some very interesting examples, templates, tools and techniques regarding the six PRM processes. From the references section of the standard, it is obvious that the standard is influenced not only by PMI's PMBOK but also from British, Canadian, Australian-New Zealand and Japanese Risk Management Standards as well as from IEEE and ISO standards.
The high credibility of information and the thorough explanations presented, make this Standard a must-have, must-read on Project Risk Management.
I was not suprised to see that half of the standard referred to the six Project Risk Management processes mentioned in PMBOK's Chapter 11.
1) Plan Risk Management
2) Identify Risks
3) Perform Qualitative Risk Analysis
4) Perform Quantitative Risk Analysis
5) Plan Risk Responses
6) Monitor and Control Risks
However, the other half of the standard focuses on the presentation of some very interesting examples, templates, tools and techniques regarding the six PRM processes. From the references section of the standard, it is obvious that the standard is influenced not only by PMI's PMBOK but also from British, Canadian, Australian-New Zealand and Japanese Risk Management Standards as well as from IEEE and ISO standards.
The high credibility of information and the thorough explanations presented, make this Standard a must-have, must-read on Project Risk Management.
Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:
2 reviews
18 of 19 people found the following review helpful
Practice Std for Risk Mgmt is readable but complete
13 Oct 2009
As a college prof who teaches Project Risk Management, I'm always alert for a new text to use in class. This slim book is comprehensive, giving good examples of outputs from tools and techniques. Of course, it's closely aligned to the PMBOK Guide, 4th edition, which makes it easy to use in our M.S. Project Management curriculum which is PMI-GAC. The price is right, and it is readable.
It is, however, missing is a good list of potential risk events and a set of templates.
It is, however, missing is a good list of potential risk events and a set of templates.
4 of 4 people found the following review helpful
trite and unnecessary book
11 Dec 2011
This book is NOT worth the $30+ that PMI charges for it. This book rehashes the processes listed in the Risk chapter of the PMBOK, and doesn't add any insights (or examples, or other guidance on application) beyond what the PMBOK covers.
If you are pursuing PMI's RMP certification, do not waste your time and money on this book. You do not need it. Stick with the PMBOK instead.
This 'standard' could have been a lot better if tailoring advice for different sizes of projects, or different industries, had been offered.
If you are pursuing PMI's RMP certification, do not waste your time and money on this book. You do not need it. Stick with the PMBOK instead.
This 'standard' could have been a lot better if tailoring advice for different sizes of projects, or different industries, had been offered.
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