Mastering Risk and Procurement in Project Management A Guide to Planning, Controlling, and Resolving Unexpected Problems

Master the crucial risk management and procurement tasks that are indispensable to project success! In Mastering Risk and Procurement in Project Management, expert project manager and seasoned professor Wilson addresses every stage of the project where risk management and procurement are relevant, especially planning, monitoring, and control. Teaching through relevant examples and case studies, Wilson explains:

• Why risk management and procurement are so crucial to achieving your project's goals
• The deep and surprising linkages that exist across risk management and procurement
• How to avoid common pitfalls
• How to integrate best-practice risk management and procurement throughout your PMBOK processes.

Drawing on his own extensive experience, he offers in-depth coverage of topics ranging from contracting and risk monitoring to project close-out, and gives readers practical knowledge of critical processes and tasks in project management.

RANDAL WILSON, MBA, PMP (Elk Grove, CA) serves as Adjunct Professor of Operations Management, Keller Graduate School of Management, Devry University. He is currently Operations Manager at Parker Hose and Fittings, and was previously Senior New Product Introduction Engineer at REMEC. His books include Project Schedule and Cost Control Basics and The Operations Manager's Toolbox: Using the Best Project Management Techniques to Improve Processes and Maximize Efficiency.

Part I: Planning Process Group

1. Plan Risk Management

2. Identify Risks

3. Perform Qualitative Risk Analysis

4. Perform Quantitative Risk Analysis

5. Plan Risk Response

6. Plan Procurement Management

Part II: Executing Process Group

7. Conduct Procurements

Part III: Monitoring and Controlling Process Group

8. Control Risks

9. Control Procurements

Part IV: Closing Process Group

10. Close Procurements

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