Managing Risk in Construction Projects 2nd Edition by Nigel J Smith, Tony Merna, Paul Jobling – Ebook PDF Instant Download/Delivery: 1405172746, 9781405172745
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Product details:
ISBN 10: 1405172746
ISBN 13: 9781405172745
Author: Nigel J Smith, Tony Merna, Paul Jobling
Managing Risk in Construction Projects 2nd Table of contents:
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Chapter 1: Projects and Risk
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Construction projects
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Decision making
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Risk management strategy
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Project planning
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Summary
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Chapter 2: The Project Environment
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Projects
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The project constitution
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Project organisation
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Project phases
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Effect of project phase on risk
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Project appraisal
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Summary
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Chapter 3: Understanding the Human Aspects
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Risk management – people
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Risk management – organisations
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The risk management process
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Some guidelines to the risk management process
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Preparing a group for a risk session – Risk identification
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Communication
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Summary
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Chapter 4: Risk and Value Management
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Introduction
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The standard risk management model
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Applying risk and value management
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Value management processes
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Understanding the project risk
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Applying value and risk management
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Iteration of the process
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Summary
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Chapter 5: Qualitative Methods and Soft Systems Methodology
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Qualitative risk assessment
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Review of project programmes and budgets
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The risk log
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Using a risk log to formulate risk management strategy
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Qualitative methodologies
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Soft systems methodology
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Case study: SSM in the use of the placement of construction projects
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Summary
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Chapter 6: Quantitative Methods for Risk Analysis
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Sanction
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Project appraisal and selection
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Project evaluation
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Engineering risks
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Risk management
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Probabilistic analysis
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Response to risks
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Successful risk management
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Principles of contingency fund estimation
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Chapter 7: The Contribution of Information Technology to Risk Modelling and Simulation
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Purpose of RMS
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When to use RMS
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Requirements of the analyst
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Modelling and simulation
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Modelling using RMS
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Data management
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Analytical mechanisms
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Classification of RMS
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Selection of RMS
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Modelling a project for risk management
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Data requirements for realistic modelling
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Choice of variable distribution
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Case study
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Case study simulations
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Analysis of the result
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Discussion of findings
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Summary
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Chapter 8: Risk Allocation in the Contracting and Procurement Cycle
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Typical contracting and procurement processes
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Value planning case study
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Known and unknown risks in contracts
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Risk allocation strategies
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Risk allocation according to payment mechanism
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Contract award
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Summary
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Chapter 9: Managing Financial Risks in Major Construction and PFI Projects
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Project financing
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Types of finance
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Appraisal and validity of financing projects
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Typical financial risks
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Promoter
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Financial risk in concession contracts
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Global and elemental risks in concession contracts
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Summary
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Chapter 10: Risk Management at Corporate, Strategic Business Unit and Project Levels
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Introduction
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Risk management
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The risk management process
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Benefits of risk management
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Recognising risks
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Why risk management is used
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Model for risk management at corporate, strategic business and project levels
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Summary
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Chapter 11: Case Studies
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Introduction
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Case study – cruise ship design and fabrication programme risk assessment
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Risk identification
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The Channel Tunnel Rail Link (CTRL)
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Brief history of the CTRL
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The risk management process
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Risk assessment, analysis and response
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Summary of the preliminary schedule risk analysis results
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Chapter 12: Guidance in Practical Risk Management
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Decision making
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Preparation for risk management
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Risk identification
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Risk analysis
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Risk outputs
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Models
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Communication
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Summary
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Tags: Nigel J Smith, Tony Merna, Paul Jobling, Risk, Construction