Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Risk Management Professional (PMBOK6 alligned): A Practical Guide

Risk Management Professional (PMBOK6 alligned): A Practical Guide

Dumitrascu, Sorin

Paperback

Series: Business, Book 1

Business General

ISBN10: 1983300454
ISBN13: 9781983300455
Publisher: Independently Published
Published: Jul 1 2018
Pages: 226
Weight: 0.74
Height: 0.52 Width: 6.00 Depth: 9.00
Language: English

Risk management is essential in any project, big or small. And Sorin Dumitrascu's book, Risk Management Professional: A Practical Guide, is your ultimate resource for effectively handling project risks aligned with PMBOK6.

The book emphasizes the two types of risks a project manager must watch out for: negative and positive risks. Negative risks are threats to a project's objectives, while positive risks or opportunities can benefit the same objectives.

Every project that aims to introduce innovation into the process is a perfect example of risks and opportunities in action. Dumitrascu affirms that innovation increases project risk, but it also opens possibilities.

In the book, he provides an example scenario of upgrading a gym with state-of-the-art equipment and facilities, where they face technical, regulatory, and marketing risks.

Dumitrascu explains that to address risks in any project, managers need to identify, analyze, and monitor these risks at every stage of the project. Additionally, good risk management entails planning for risks and risk responses.

The book adheres to PMBOK6 aligning the best practices for reducing risk for adaptive project environments. For instance, the book recommends introducing frequent reviews at incremental stages to catch issues before they escalate. He also advocates using cross-functional teams to increase knowledge sharing and risk understanding.

Risk Management Professional: A Practical Guide is your go-to resource to manage risks efficiently and effectively. It's a comprehensive guide that outlines and discusses in detail the best practices and strategies for planning and responding to risks aligned with PMBOK6.

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