Quantity:

More Buying Choices

16 used & new from �20.63

Have one to sell? Sell yours here

Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making (Hardcover)

by Professor Chris Chapman (Author), Stephen Ward (Author) "'Uncertainty' in the plain English sense of 'lack of certainty' has important implications for what can be achieved by organizations ..." (more)

4.7 out of 5 stars See all reviews (3 customer reviews)

RRP:	�38.99
Price:	�29.49 & this item Delivered FREE in the UK with Super Saver Delivery. See details and conditions
You Save:	�9.50 (24%)
	o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o

In stock.
Dispatched from and sold by Amazon.co.uk. Gift-wrap available.

Only 3 left in stock--order soon (more on the way).

Want guaranteed delivery by Thursday, November 12? Choose Express delivery at checkout. See Details

7 new from �29.49 9 used from �20.63

Frequently Bought Together

Price For All Three: �67.18

Show availability and shipping details

This item: Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making by Professor Chris Chapman
In stock.
Dispatched from and sold by Amazon.co.uk.
This item Delivered FREE in the UK with Super Saver Delivery. See details and conditions
Project Risk Management: Processes, Techniques and Insights, 2nd Edition by Chris Chapman
In stock.
Dispatched from and sold by Amazon.co.uk.
This item Delivered FREE in the UK with Super Saver Delivery. See details and conditions
Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project by Tom Kendrick
In stock.
Dispatched from and sold by Amazon.co.uk.
This item Delivered FREE in the UK with Super Saver Delivery. See details and conditions

Customers Who Bought This Item Also Bought

Project Risk Management: Processes, Techniques and Insights, 2nd Edition

by Chris Chapman

�21.64

Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project

by Tom Kendrick

�16.05

A Guide to the Project Management Body of Knowledge

by Project Management Institute

4.7 out of 5 stars (9) �30.45

The Definitive Guide to Project Management: The Fast Track to Getting the Job Done on Time and on Budget (Financial Times Series)

by Sebastian Nokes

5.0 out of 5 stars (2) �10.99

Project Management

by Dennis Lock

5.0 out of 5 stars (2) �23.27

› Explore similar items

Product details

Hardcover: 512 pages
Publisher: John Wiley & Sons (27 Aug 2002)
Language English
ISBN-10: 0470847905
ISBN-13: 978-0470847909
Product Dimensions: 22.4 x 15.4 x 4 cm

Average Customer Review: 4.7 out of 5 stars See all reviews (3 customer reviews)

Amazon.co.uk Sales Rank: 412,772 in Books (See Bestsellers in Books)

Would you like to update product info or give feedback on images?

See Complete Table of Contents

Customers Viewing This Page May Be Interested in These Sponsored Links

(What is this?)

GRC Software Free Trial opens new browser window

www.easy2comply.com/GRC-Software - Start GRC Risk Mgmt S/W Free Trial Optimize Your Business Processes!

Team Project Management opens new browser window

www.CentralDesktop.com - Online Project Management. Track Files. Web-Based. Free Trial.

Manage Construction Risk opens new browser window

www.aconex.com/Manage-Project-Risk - Control Risk in Construction using our Document Collaboration software

Product Description

This title confidently puts forward a practical, new approach to decision making in an uncertain business world.

Many variables are accounted for and the authors are innovative in integrating previous types of decision–making approaches with a more fluid, and therefore realistic model that can be applied across a wide range of contexts and decisions.

A new title on a important topic that not only stands well on its own, but also complements Chapman and Ward′s previous title Project Risk Management. This book is practical and rigorous yet written in an engaging way.

It is perfect for courses, or to be used by practitioners.

From the Inside Flap

Rigorously grounded conceptually but developed to meet practical concerns, this book underpins and extends the scope and power of current approaches to the management of risk and uncertainty in projects and related operational and strategic management decision making.

Ten tales, based on real cases, explore a range of project related problems, including: cost estimation, pricing competitive bids, risk allocation and incentive contract design, evaluation of threats and opportunities, buffer management in a supply chain, investment appraisal, portfolio management, and strategy formulation. Each tale provides practical guidance on achieving effective and efficient uncertainty management through simple analysis and discussion of emergent issues.

Using a ′constructively simple′ approach to model building and the associated decision support processes, the authors show the reader how to take the guesswork out of managing risk and uncertainty. Keeping formal analysis simple, without being simplistic, and adding complexity only when it facilitates additional insights, they provide a framework for ′constructive simplicity′ which can be used to enhance risk and uncertainty management in any area of managerial decision making, whether in a project, operational, or strategic context.

See all Product Description

Inside This Book (Learn More)

First Sentence
'Uncertainty' in the plain English sense of 'lack of certainty' has important implications for what can be achieved by organizations. Read the first page

Explore More
Concordance

Tag this product

(What's this?)

Think of a tag as a keyword or label you consider is strongly related to this product.
Tags will help all customers organize and find favorite items.

What Do Customers Ultimately Buy After Viewing This Item?

	49% buy the item featured on this page: Managing Project Risk and Uncertainty: A Constructively Simple Approach to Decision Making 4.7 out of 5 stars (3) �29.49
	24% buy Project Risk Management: Processes, Techniques and Insights, 2nd Edition �21.64
	18% buy Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project �16.05
	5% buy The Essentials of Risk Management: The Definitive Guide for the Non-risk Professional 5.0 out of 5 stars (1) �16.49

Explore similar items

Customer Reviews

3 Reviews

5 star:		(2)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(0)

Average Customer Review

4.7 out of 5 stars (3 customer reviews)

Share your thoughts with other customers:

Create your own review

Most Helpful Customer Reviews

4 of 4 people found the following review helpful:

4.0 out of 5 stars The power in this book is in its combination., 27 Aug 2003

By A Customer

On its own this book is useful in allowing the reader to think about making decisions under risk. On its own it does not tell you how to manage risks, yet helps you think about them. In combination with the book by the same author 'Project risk management' is where the power of this book lies. If used together there are tools for manageing risks in projects.

If there is any critisism of this book and its relative, it is that they are only really practical to large projects due to the effort required to implement its management process.

However professionals in risk management will find that it is a very useful source of reference without being an overly academic book. This book is easy to read, unlike some other books on risk management.

Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)

2 of 2 people found the following review helpful:

5.0 out of 5 stars Constructive simplicity is a great approach that should be used more often, 27 Feb 2008

By	Matthew Leitch (Epsom, Surrey, England) - See all my reviews

This is one of my favourite books on understanding and managing risk and uncertainty and 'constructive simplicity' is the idea that makes it such an important contribution.

The process is iterative. You start with a very, very simple quantitive model (your choice to suit the situation) but make sure it explicitly includes uncertainty. You then use that model to help identify the areas of uncertainty that most need better understanding and refine your model accordingly at the next iteration.

You don't have to have a big project to benefit from this. Small projects benefit too, and the constructive simplicity approach helps you stop modelling at the right level of sophistication, depending on the project and your skills.

I think this is one of the best ideas yet for encouraging people to use explicit models to manage risk because it emphasizes starting in an easy way.

The book illustrates 'constructive simplicity' in a variety of situations, not all of them projects.

The illustrations are long and can be hard going at times. However, when I have dug into them I have usually found clever ideas that I can use.

Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)

1 of 1 people found the following review helpful:

5.0 out of 5 stars Owning this book should be a constructively simple decision , 30 Nov 2008

By	M. HOPKINSON (Hampshire, England) - See all my reviews (REAL NAME)

Out of all the books on my project risk management shelf, this is the one that I turn to most. Each chapter uses a real-life worked example to illustrate how different risk management techniques can be chosen and applied according the the key questions that need to be addressed by the project concerned. In doing so, the book provides a welcome antidote to a a number of sources of standard guidance that can be interpreted as suggesting that a simplistic uniform approach (e.g. risk analysis based on a probability-impact matrix) can be applied to all projects.

The book's core theme is that you need to start by understanding what drives risk and uncertainty at a high level rather that diving it at the detail. Hence the idea of starting with a constructively simple model. Some of the many benefits of this approach include:

1. Making sure that all fundamentally important sources of uncertainty are included in the process.
2. Being able to operate an effective risk management process during the earliest (strategic planning) stages of a project.
3. Making rapid early progress by avoiding getting bogged down in detail.
4. Being able to respond to different risk-related decisions with appropriate techniques.
5. Being able to develop rational quantitative models by building up detail in a top-down iterative fashion.

The principle of developing a progressively more detailed risk management approach on projects by using a multi-pass process is recommended in the Association for Project Management (APM) PRAM Guide (2nd Issue 2004). This book provides multiple examples of what this can mean in practice.

Highly recommended to anyone who is serious about project risk management.

Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)

Share your thoughts with other customers: Create your own review

› See all 3 customer reviews...

.jsOffDisplayBlock { display: block; } .jsOffDisplayInline { display: inline; } .jsOffVisibility { visibility: visible; } .jsOnDisplayBlock { display: none; } .jsOnDisplayNoneBlock { display: block; } .jsOnDisplayNoneInline { display: inline; } .jsOnDisplayInline { display: none; } .jsOnVisibility { visibility: hidden; } .jqOnDisplayBlock { display: none; } .jqOnDisplayInline { display: none; } .jqOnVisibility { visibility: hidden; } .jqOnDisplayNoneBlock { display: block; } .jqOnDisplayNoneInline { display: inline; }