Project Risk and Cost Analysis

Project Risk and Cost Analysis
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By:"Michael S. Dobson PMP","Deborah Singer Dobson M.Ed."
"Business & Economics"
Published on 2011-08-15 by AMACOM Div American Mgmt Assn

Clearly, a big \u003cb\u003easteroid impact\u003c/b\u003e would be a very bad thing, but the probability \u003cbr\u003e\nappears to be approximately 1 / 65,000,000. ... We could spend trillions of dollars \u003cbr\u003e\nto put a nuclear-armed \u003cb\u003espace\u003c/b\u003e armada into orbit to shoot down any marauding \u003cbr\u003e\n\u003cb\u003easteroids\u003c/b\u003e that ... The 99942 Apophis \u003cb\u003easteroid\u003c/b\u003e, for example, has a chance of \u003cbr\u003e\n\u003cb\u003ecolliding\u003c/b\u003e with the Earth in the year 2036. ... it's important to consider both sides of \u003cbr\u003e\nthe risk equation (\u003cb\u003ethreat\u003c/b\u003e and opportunity) in developing your strategy The three \u003cbr\u003e\nbasic strategies ...

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Project Risk and Cost Analysis focuses on risk in the context of project management, primarily in the area of risk’s effects on project costs, with emphasis on the many modern tools that help you and your organization quantify and manage project risk. You will learn how to perform a formal risk and cost analysis, apply the Earned Value Method to risk management, and adjust schedule and budget reserves appropriately for your project conditions. The book follows the basic project risk management approach as laid out in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), 4th Edition, popularly known as the PMBOK® Guide, along with other sources listed in the bibliography and suggested reading. This is an ebook version of the AMA Self-Study course. If you want to take the course for credit you need to either purchase a hard copy of the course through amaselfstudy.org or purchase an online version of the course through www.flexstudy.com.

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