Effective Risk Management: Some Keys to Success, Second Edition
Contact Information for Co-Distribution and Quantity Discounts
The Second Edition of the highly regarded
"Effective Risk Management: Some Keys to Success," American Institute
of Aeronautics and Astronautics (AIAA), ISBN 1-56347-383-6, is available (July
15, 2003). The text describes highly effective project risk management practices,
not just theory, that can be immediately applied by every level of practitioner
from novice to expert. The reader will learn how to perform risk planning,
identify and analyze risks, develop and implement risk (response) handling
plans, and monitor progress in reducing risks to an acceptable level. The book
will help the reader to develop and implement a suitable risk management
process on their project, and to evaluate an existing risk management process,
identify shortfalls, and develop and implement needed enhancements. The book
also includes comprehensive information, not just outlines, to educate the
reader on why certain project risk management practices are either beneficial
or unhelpful as well as summary information after many of the items to help those
in a hurry quickly get to the "bottom line."
The second edition presents more than 700
project risk management tips to succeed and traps to avoid, including numerous
lessons learned derived from 20+ years work performed on Air Force, Army, Navy,
DoD, NASA, commercial, and other programs that feature hardware-intensive,
software-intensive, and mixed projects. Many of the tips and traps are unique
to this book and not available anywhere else. Multiple approaches are provided
in numerous places to permit the reader to "pick and choose" the
approach best suited for their project. Examples are also provided to help the
reader better understand and immediately apply the material to their project.
The second edition includes 450+ new tips to
succeed and traps to avoid, a "roadmap" guide to the book and
expanded table of contents (11+ pages) and index to enhance access to important
information. Key material includes:
·
An introductory chapter
on risk management and its implementation, plus individual chapters on the
overall risk management process as well as each risk management process step.
·
An extensive and unique
discussion by renowned risk management author and consultant Dr. Robert N.
Charette on risk and opportunity.
·
A discussion of risk
categories and other facets of project risk management that cut across more
than one process step.
·
Detailed information on
human and organizational behavioral considerations for more efficient project
risk management implementation.
·
Guidance on how to
develop a risk management plan (risk planning).
·
A presentation of six
different risk identification approaches--the WBS approach being only one of
six--plus additional tools and techniques for risk identification.
·
The most extensive
discussion anywhere on how to develop, implement, and evaluate
scales used in risk analysis.
·
A unique and detailed
presentation of probability levels and distribution characteristics associated
with 50+ assessment words (e.g., high, medium, low) based upon a comprehensive
survey and statistical analysis.
·
A comprehensive
discussion on the use of risk mapping matrices used to convert probability and
consequence values into risk levels.
·
Information for
developing and implementing Monte Carlo simulations.
·
A discussion of risk
response (handling) approaches and a unique method that helps to select and
implement the best approach for each risk.
·
Guidelines for risk
monitoring.
American
Institute of Aeronautics and Astronautics. To order the Second Edition of
the book directly from the publisher, please visit the following link to the
AIAA on-line bookstore:
AIAA Bookstore Location for Effective Risk Management: Some Keys to Success, Second Edition, 2003
Note: AIAA members receive a 24% discount by
ordering this book through AIAA ($64.95 vs. $84.95). If the above AIAA link no
longer works, go directly to the AIAA on-line store, (http://store.aiaa.org), enter Effective Risk Management in the Search box near the top of the
page (do not use quotes around the words), click GO!, then click on the
returned title (which is a hyperlink to the book page). This will allow you to
directly browse a summary of the book and place an on-line order.
This book
is also available from a number of other quality on-line book sellers. Several, but
not all, of these resources and their links for purchasing the book are listed
below:
Amazon.com, (with a "5
Star" review). The following link will take you to the Amazon.com posting
location for the Second Edition.
Amazon.com Location for Effective Risk Management: Some Keys to Success, Second Edition, 2003
Borders.com,
which is teamed with Amazon.com. The following link will take you to the
Amazon.com posting location through Borders.com for the Second Edition.
Barns&Noble.com. The following link will take you to the
Barnes&Noble.com posting location for the Second Edition.
Barns&Noble.com Location for Effective Risk Management: Some Keys to Success, Second Edition, 2003
BooksAMillion.com. The following link will take you to the
BooksAMillion.com posting location for the Second Edition.
BooksAMillion.com Location for Effective Risk Management: Some Keys to Success, Second Edition, 2003
Alibris.com™. The
following link will take you to the Alibris.com ™ posting location for the
Second Edition. (Note: if you order from Alibris.com ™ be sure that
you order the 2003 (date published) Second Edition, not the 2000 (date
published) First Edition since both editions may be listed on the same web
page.)
Albris.com Location for Effective Risk Management: Some Keys to Success
If you have any questions about identifying the 2003 date published Second
Edition of the book (552 pp.), a JPG image of the front book cover is given in
the link below.
Second Edition Conrow Book
Cover.jpg
Back to top
Brief Discussion of the Second Edition (From AIAA Catalog and Web
Site)
Risk management is an important project
management and systems engineering skill that can be applied to a wide variety
of projects. This is particularly important in an era of downsizing,
consolidation, shrinking budgets, increasing technological sophistication, and
shorter development times.
The text describes practices that can be used by both project management and
technical practitioners including those who are unfamiliar with risk
management. The reader will learn to perform risk planning, identify and
analyze risks, develop and implement risk handling plans, and monitor progress
in reducing risks to an acceptable level. The book will help the reader to
develop and implement a suitable risk management process and to evaluate an
existing risk management process, identify shortfalls, and develop and
implement needed enhancements.
The second edition presents more than 700 risk management tips to succeed and
traps to avoid, including numerous lessons learned derived from work performed
on Air Force, Army, Navy, DoD, NASA, commercial and other programs that feature
hardware-intensive and software-intensive projects. The second edition includes
a "roadmap" guide and expanded table of contents and index to enhance
access to key information. A new appendix written by renowned risk management
consultant and author Dr. Robert N. Charette addresses whether or not the
definition of risk should include opportunity.
"Ed Conrow has done it
again! His new second edition is by far the best risk management book in the
market place--comprehensive, easy to read, understandable, and loaded with tips
that make it a must for everyone's bookshelf."
Dr. Harold Kerzner
President, Project Management Associates,
Inc., and Professor of Systems Management, Baldwin-Wallace College
Over 200,000 professionals have attended
Professor Kerzner's lectures on project management. He is the author of the
best-selling book, "Project Management: A Systems Approach to Planning,
Scheduling, and Controlling," currently in its Tenth Edition (2009).
Partial review from the
September 2004 Project Management Institute Project Management Journal,
Vol. 35, No. 3, pg. 62 (Excerpt).
"Edmund Conrow's Effective
Risk Management, Second Edition is a highly original work. As you read it
you have a strong sense that the author really knows what he is talking
about…Overall, however, the book is thoughtful and filled with insights that
you will not encounter in many risk management texts."
Dr. J. Davidson Frame, PMP
Complete review from the
January 2004 International Council on Systems Engineering (INCOSE) journal INSIGHT,
Vol. VI, Issue 2, pg. 44.
"Should You Buy
It?" (Excerpt)
This book is an advanced, journeyman’s
reference on risk management (RM), and will be useful to anyone with major RM
responsibilities. If you (are) extensively involved with RM, or if you aspire
to become the program or company expert on RM, get this book."
The extensive and highly favorable review is
Copyrighted © 2004 by INCOSE, and the complete review us available here as a
PDF file to view, print, download, and distribute (with special permission from
INCOSE):
Conrow_Review_INCOSE_INSIGHT_January_2004_Distribute.pdf
"This is a very
comprehensive and detailed volume. The first two chapters are a good
introduction but a little basic for the typical reader. The rest of the book is
extremely useful and detailed. This second edition contains a new appendix
written by another well known risk management consultant and authority, Dr.
Robert N. Charette, on the role of opportunity in the definition of risk. This
book is essential for individuals doing project management work, especially on
DoD projects, to include the preparation of the proposal in response to the RFP
to win the work."
John Richards, Principal Member of the
Technical Staff, SRA International
American Society
for Quality, On-Line Resource Reviews, 7-2, Excerpt
To view the full, highly favorable review,
please visit:
American
Society for Quality Review of Conrow Risk Management Book
then go to pg. 7 of the 10 page PDF file that
is opened (review of Conrow book is on pp. 7-8).
"At last – a reference
with all the practical tools for a project or program manager to perform the
full range of risk management! Written in simple-to-understand, common- sense
language, but conveying powerful and sophisticated risk concepts, Conrow is
again dead center on target with this second edition."
Bill Bahnmaier, Colonel, USMC (Ret)
Former Program Manager, Marine Corps Assault
Amphibian Program and recent Professor, Defense Acquisition University
"The greatly expanded
content and added usability features have transformed the 2nd Edition into an
advanced risk management handbook that will be a repeatedly useful, must have
resource for any large, complex program."
Dr. Lawrence D. Pohlman
Strategics Consulting
"Finally, there exists a
risk management book on the marketplace that is easy to read, practical, and
comprehensive. All facets of risk management are covered without the use of
complex mathematics. Dr. Conrow’s lessons learned situations and his more than
250 tips for successful risk management are applicable to any project in any
industry. Given that risk management is regarded as one of the primary
management skills for the first decade of the 21st century, this
book is a must for every manager’s library."
Dr. Harold Kerzner
Professor of Systems Management,
Baldwin-Wallace College
Over 200,000 professionals have attended
Professor Kerzner's lectures on project management. He is the author of the
best-selling book, "Project Management: A Systems Approach to Planning,
Scheduling, and Controlling," currently in its Ninth Edition (2006).
"If you are directly involved
with risk management (RM) planning and/or implementation on a large, complex
(government or commercial) system program, this book will help. If you are
involved with RM process definition and improvement, this book will help. If
you aspire to become the company expert in RM, get this
book."…"Conrow’s breadth and depth of RM treatment are extensive.
This book is easily a journeyman’s reference on RM – and will be useful to
anyone with major RM responsibilities."
Dr. Lawrence D. Pohlman
Strategics Consulting. Written for the
October 2001 issue of INCOSE (International Council on Systems
Engineering) Insight, Vol. 4, Issue 3, pp. 49-50.
"Dr. Conrow's experiences
are palpable as he explains every nuance of the risk management process. Program
Managers would be well advised to read, mark, learn, inwardly digest, then
apply his lessons learned so that they may minimize the risks to their own
careers."
Dr. Gordon A. Smith
Former Deputy Director, Strategic Defense
Initiative Organization. Former Assistant Secretary of Defense, Command,
Control, Communication and Intelligence
Dr. Smith has also held executive management
positions with several commercial companies.
"Dr. Conrow has given the
risk management community a much needed reference. In his thoughtful work, he
accurately describes the Office of the Secretary of Defense's approach to risk
management and offers some processes and methods for implementing it. In
creating this bridge between policy and practice, he tells us what we must do to
have an effective risk management program and, just as important, tells us the
pitfalls to avoid. This book is a necessary reference for all managers."
Louis L. Simpleman,
Institute for Defense Analyses
Mr. Simpleman is the Technical Leader of the
Office of the Secretary of Defense Risk Management Working Group
"I think it is well
written, comprehensive, and addresses many of the major problems that are found
in applying risk management in practice. It is one of the best books regarding
risk management I have read in the past 5 years. It is a noteworthy addition to
the risk management literature, and is useful to those who want to do risk
management right. I will be citing it in my future books and articles."
Dr. Robert Charette
Dr. Charette is a highly respected risk
management consultant. He has also authored two books and numerous articles and
presentations on risk management
"A comprehensive
guide to the field, the book is not a cookbook for risk management and even
much less a cure for all project deficiencies. Almost every consideration and
recommendation of it must be tailored to a specific project or program. In
addition, the knowledge base documented by Conrow has to be coupled with the
desire to learn and practical experience to yield the wisdom of how to
implement risk management to the project, recognize problems and take decisive
actions to resolve them. The volume is highly recommended to all those
interested in the area of risk management and/or responsible for successful
project implementation and evading crisis."
Boris Porfiriev
Journal of
Contingencies and Crisis Management, Vol. 11, Issue 4, pg. 185, December 2003, Excerpt
To view the full, highly favorable review,
please visit:
Journal of Contingencies and Crisis
Management Review of Conrow Risk Management Book
"Overall this is
one of the best books on risk management that I own because it goes into deep
detail and coves advanced topics. It also is practical instead of theoretical,
which sets it apart from most risk management books. "
Mike Tarrani
Amazon.com on-line
review, 4 May 2002, Excerpt
To view the full, highly favorable review,
please visit:
Amazon.com Review of Conrow Risk Management Book
"Practitioners, including both
project management personnel and technical analysts will find that the material
illustrates sound risk management attributes
and practices.
Non-practitioners will find information they can use to do an initial diagnosis
of some aspects of risk management process prior to bringing a more
knowledgeable person into the program."
Risk Management
Specific Interest Group
Risk Management
Newsletter,
Risk Management Specific Interest Group, Project Management Institute, Vol. 1,
No. 4, pg. 3, December 1999, Excerpt
To view the full, highly favorable review,
please visit:
Risk SIG Review of Conrow Risk Management
Book
then go to pg. 3 of the 9 page PDF file that
is opened (review of Conrow book is on pg. 3).
"Dr. Conrow's book lays
out a well-defined and logical risk management process which should be adopted
as the standard for all industrial sectors. Each step is clearly described and
includes a number of examples. The author does not stop at presenting the mechanics
of risk management-he also covers the need for organizational culture changes
that call for both top-down (program manager to "trenches") and
bottom-up ("trenches" to program manager) involvement in the process.
The book also includes an excellent presentation on the pitfalls of performing
risk assessments using mathematical operations on results derived from ordinal
probability and consequence scales to achieve risk rating scores. But the
author does not just leave you 'twisting slowly in the wind' on this subject;
he provides simple yet effective methods of assessing risk that are practical
and theoretically sound."
A former DoD major defense system program
manager
Preface
Acknowledgements
Chapter 1--Introduction and Need for Risk Management
Chapter 2--Risk Management Overview
Chapter 3--Some Risk Management Implementation Considerations
Chapter 4--Some Risk Planning Considerations
Chapter 5--Some Risk Identification Considerations
Chapter 6--Some Risk Analysis Considerations
Chapter 7--Some Risk Handling Considerations
Chapter 8--Some Risk Monitoring Considerations
Appendix A--A Comparison of Risk Management for Commercial and Defense Programs
Appendix B--DoD Program Phases and Milestones
Appendix C--Comparison of the Microeconomic Framework to Actual DoD Program
Outcomes
Appendix D--Some Characteristics of the Cost-Performance Slice of the Technical
Possibility Surface
Appendix E-- Changing the Definition of Risk — Why Risk It? (by Dr. Robert N.
Charette)
Appendix F--Program Structure Models
Appendix G--Sample Language for Including Risk Management in an RFP and
Evaluating It During Source Selection
Appendix H--Some Characteristics and Limitations of Ordinal Scales in Risk Analysis
Appendix I--Estimative Probability Values for Subjective Probability Statements
Appendix J--Development of Ordinal Probability Scales from Cardinal Data
Typeset page length is 552 pages (including front material)
Back to top
Contact Information for Co-Distribution and Quantity Discounts
Dr. Conrow's book is published with
permission by AIAA. Please contact Ms. Zuhur Abdi of AIAA for information on
co-distribution and quantity pricing discounts.
Ms. Zuhur Abdi
AIAA Publications Development
1801 Alexander Bell Drive, Suite 500
Reston, VA 20191-4344
(703) 264-7505
zuhura@aiaa.org
|
Links to Project Risk Management Services |
||
|
Second Edition of Dr. Conrow's Risk Management Book with Reviews |
||
|
Risk Management e-Interview with International
Council on Systems Engineering |
||
|
Links to Other Services |
||
This web site owned and operated by:
|
Dr. Edmund H. Conrow, CMC, CRM, PMP |
|
Reproduction or any other use of this material is prohibited without written permission. |
This
material is Copyright © 2000-2014 by Edmund H. Conrow, All Rights Reserved
|
