Managing Risk: In Construction Projects - Softcover

Smith, Nigel J.; Merna, Tony; Jobling, Paul

Softcover

ISBN 10: 1405130121 ISBN 13: 9781405130127

Publisher: Wiley–Blackwell, 2006

Synopsis

Written by a group of academics and practitioners, this guide is for construction practitioners having to manage real projects. It shows how the risk management process improves decision making in conditions of uncertainty. This new edition includes the input of the Turnbull report, as well as to introduce the concept of corporate, strategic business, and project level risk. The authors cover: a description of risk management and decision making in the context 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 the principles of risk modelling and simulation, together wit case studies.A thorough understanding of these concepts will provide the project manager with the basis for effective decision making. From the reviews of the first edition: 'This book should be compulsory reading for all concerned with the management of risk in construction - whether academics or practitioners' - "Chartered Surveyor Monthly". 'A valuable addition to the literature ...which helps condense, simplify and provide practical advice on how to implement risk management on construction projects. '

About this title

Review:

An excellent book for practitioners, academics and students with an interest in construction risk. -- Building Engineer April 2006

From the Publisher:

* offers sound practical guidance on identifying, assessing and managing risk
* helpful blend of theory and practice
* lively use of case study material
* new edition covers PFL and PPP, risk registers, corporate risk and uncertainty management

About this edition

• Publisher: Wiley–Blackwell
• Publication date: 2006
• ISBN 10: 1405130121
• ISBN 13: 9781405130127
• Binding: Paperback
• Edition number: 2
• Number of pages: 256