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Risk Management: Tricks of the Trade for Project Managers : A Course in a Book Paperback – Sep 2003

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Product details

  • Paperback
  • Publisher: Rmc Pubns Inc (Sep 2003)
  • Language: English
  • ISBN-10: 0971164797
  • ISBN-13: 978-0971164796
  • Product Dimensions: 2.5 x 18.4 x 22.2 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 1,509,218 in Books (See Top 100 in Books)

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First Sentence
1) You are planning a new project that is understood to have very little risk. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most Helpful Customer Reviews

Format: Paperback
This book follows the Risk Management chapter on PMBoK 3rd Edition.
Although it adds a lot of information such as tricks, advices and pitfalls that you cannot find in PMBoK.
Faithful to the true style of Rita.
I recommend this book to anyone keen on Project Management and especially Risk Management.
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Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: 12 reviews
14 of 17 people found the following review helpful
Project Risk Mangement - Demystified 28 Jun 2004
By O. Arivazhagan, PMP - Published on Amazon.com
Format: Paperback
I must admit that this book titled "Risk Management: Tricks of the Trade for Project Managers" by Rita Mulcahy not only demystifies some of the gray areas in Risk management, but also conforms to the Guide to the PMBOK of PMI,USA.
Though I enjoyed reading your entire book in general, I appreciate the following points, in particular, which in my opinion will not only enhance the competency of the PMPs but also, serve as a good reference material in the years to come.
1. A risk can not have probability rating 8 or higher, in which case it is considered a fact and should be included in the WBS as a work item.
2.Over all Project risk score should be less than 50.
3.Risk Probability -Impact matrix ( PI matrix) and risk score tables have been explained in an easy -to- understand style.
4.Tips like "Many risks will not occur simply because they have become known ( to the respective team members) and let as many people appropriate know the risks identified on your project by putting the risk score on the Gantt chart".
5.Response strategies for Opportunities (viz. Exploit,Enhance Accept,and Sharing) which have not been addressed in the guide to PMBOK.
6. Tables in the Appendix giving list of Opportunities and list of Risks in Cause-Risk-Effect format is a unique feature of this book.
Thanks a lot, Rita , for bringing such an easy-to-read book aligned to the guide to PMBOK on such a gray area as Project Risk Management. This book will surly serve as a good source of reference for the practicing Project Managers and a good study material for PMP Certification exam candidates as well.(...)
4 of 4 people found the following review helpful
Good Summary of Risk Management & some useful tricks 28 Jun 2004
By Chad - Published on Amazon.com
Format: Paperback
When I studied to take the PMP test three years ago, I couldn't find much written on risk management that was well organized and reasonably comprehensive. This book contains in one place what I was able to assemble on my own from myriad sources -- enough to get a near-perfect score on the risk management section of the certification exam.
In addition, there are "Tricks of the Trade" that I have already applied to a current project. For instance, a trick from the book is putting risks directly into the project schedule; I turned this around and referenced tasks in the identified risks and was able to make some progress with management for the first time.
You can assemble the pieces yourself or you can buy this book. I know which I would do if I could do it over. The tricks are a plus.
11 of 15 people found the following review helpful
Finally an in-depth text on Risk Management 6 July 2004
By Amazon Customer - Published on Amazon.com
Format: Paperback
Rita Mulcahy, whose PMP Exam Prep book and material has helped many people pass the PMP exam, has come through again -- this time with an in-depth study on Risk Management.
As expected, the book observes PMI standards, but more than that, it shows how risk can be managed effectively in the real world, using specific examples.
Lack of effective risk management is one of the leading causes of project failure, and all too often, risk management is ignored altogether - perceived as an expensive burden. This book takes a realistic approach, examining both full scale risk management (including quantitative methods) and the minimum effective risk management needed for project success. In many industries, that's all that's needed.
Best of all, it offer dozens of examples of real life risks and risk responses across a variety of industries.
All in all, highly recommended for anyone needing to develop risk management processes or trying to improve their risk management skills.
9 of 13 people found the following review helpful
Not what I expected 8 Jun 2004
By Guy G. Arnone - Published on Amazon.com
Format: Paperback
I thought this book would be an excellent guide to Risk Managment based on the other books by Mulcahy. It is certainly not worth $70.00. You can find all this information in other PM books
Excellent book on Risk Management 6 July 2013
By CD music collector - Published on Amazon.com
Format: Paperback Verified Purchase
Great book for the price! This is an excellent way to learn about Risk Management. If you buy book used, you also get a great return on investment. ROI. This is an excellent deal and book has a lot of valuable information for Risk Management!
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