Article ID: | iaor19942189 |
Country: | United Kingdom |
Volume: | 12 |
Issue: | 1 |
Start Page Number: | 17 |
End Page Number: | 22 |
Publication Date: | Feb 1994 |
Journal: | International Journal of Project Management |
Authors: | Williams Terry M. |
Keywords: | risk |
Risk analysis and management forms a vital part of the early stages of a project, and, in particular, the mandatory project-definition phase in defence projects. Recently, the centrality of the risk register in risk-management infra-structures was noted. The paper describes a complete, integrated risk-analysis and management scheme based around the register that assists in time, cost and technical analysis, helps in the devising of a risk-managment plan, and prompts decisions on risk transfer.