Books – Page 2 – Global Risk Guard. Resources for Risk Professionals

[ReviewAZON asin=”0787965189″]Managing Risk in Organizations offers a proven framework for handling risks across all types of organizations. In this comprehensive resource, David Frame— a leading expert in risk management— examines the risks routinely encountered in business, offers prescriptions to assess the effects of various risks, and shows how to develop effective strategies to cope with risks. In addition, the book is filled with practical tools and techniques used by professional risk practitioners that can be readily applied by project managers, financial managers, and any manager or consultant who deals with risk within an organization. Managing Risk in Organizations is filled with illustrative case studies and

Outlines the various types of riskpure, operational, project, technical, business, and political
Reveals what risk management can and cannot accomplish
Shows how to organize risk management efforts to conduct risk assessments, manage crises, and recover from disasters
Includes a systematic risk management processrisk management planning, risk identification, qualitative impact analysis, quantitative impact analysis, risk response planning, and monitoring control
Provides quantitative and qualitative tools to identify and handle risks

This much-needed book will enable organizations to take risk seriously and act proactively.

[/ReviewAZON]

Books

January 14 GRG

Integrating Corporate Risk Management

[ReviewAZON asin=”158799061X”]Integrating Corporate Risk Management, by Prakash Shimpi and several colleagues at the Swiss Reinsurance Company, is a decidedly forward-thinking and practical resource for any manager seeking innovative ways to boost shareholder return. Based on the increasingly harmonious relationship between corporate finance, risk management, and insurance, it shows how concepts from each discipline can be effectively combined for superior overall results. The first section explains why a solid risk-management strategy is critical to earnings growth and corporate reputation–“because it reduces a firm’s chances of experiencing financial distress and shields it against events that might thwart or distort its agenda”–and how a tightly coordinated effort can produce maximum payoff with minimal cost. The second section lays out specific products and procedures from both the insurance and capital markets (such as double-trigger options and credit derivatives) that, taken together, provide “a formidable addition to the conventional techniques currently employed.” The final part looks at future prospects and challenges in the U.S., Europe, and Asia, and ways that companies can prepare for this new environment. In all, the total presents a surprisingly accessible framework that could certainly help committed readers decrease their corporate risk and increase their bottom line. —Howard Rothman[/ReviewAZON]

Books

January 14 GRG

Effective Risk Management: Some Keys to Success

[ReviewAZON asin=”1563473836″]Risk management is an important skill that can be applied to a wide variety of projects. In an era of downsizing, consolidation, shrinking budgets, increasing technological sophistication, and shorter development times, risk management can provide valuable insights to help key project personnel plan for risks, alert them of potential risk issues, analyze these issues, and develop, implement, and monitor plans to address the issues long before the issues surface as problems and adversely project cost, performance, and schedule.

This important new text defines the steps to effective risk management and helps the reader create a viable risk management process and implement it on their specific project. It will also allow you to better evaluate an existing risk management process, find some of the shortfalls, and develop and implement needed enhancements.

The book helps fill a void that exists in the project risk management literature on desirable risk management process characteristics and considerations for tailoring and implementing the process on a particular project. The material illustrates attributes and practices of sound risk management that can readily be used by both project management and technical practitioners, as well as others that are less familiar with the subject.

Conrow presents more than 200 lessons learned and clearly stated tips that will help you successfully implement risk management, including things to do and traps to avoid, taken from his extensive experience working on a wide variety of projects over 20 years. This includes work performed as a risk management specialist and consultant on Air Force, Army, Navy, DoD, NASA, other government organization, and commercial projects; on hardware-intensive, software-intensive, and mixed projects, with life cycle dollar ranges from several million dollars to many billion dollars. Examples of erroneous risk management practices are given, along with insights to help the reader understand why the practice is flawed and improve their ability to detect other issues that may also be problematic.

Includes 200+ Tips for Sound Project Risk Management

Author: Dr. Edmund H. Conrow CMC, CPCM, PMP, email info@risk-services.com.[/ReviewAZON]

Books

January 14 GRG

Dynamic Scheduling with Microsoft Office Project 2007: The Book by and for Professionals

[ReviewAZON asin=”1932159878″]Designed for the busy, practicing project manager, Dynamic Scheduling With Microsoft Office Project 2007 will help you get up to speed quickly with Project 2007 and enable you to create effective schedules more efficiently. Through the use of helpful screen shots, hands-on exercises, illustrations, and review questions, this guide instructs you on how to build dynamic schedules that will allow you to explore what-if scenarios and dramatically decrease the time you spend making static scheduling changes.

Key Features:

–Fully aligned with the PMBOK Guide – Third Edition, published by Project Management Institute
–Captures the best practices and insights gained from thousands of real-life schedules and years of consulting and training project managers across all industries
–Includes two new chapters on Enterprise Project Management and Earned Value Management
— WAV offers downloadable exercise files, certified real-life schedules, filters to check your own project and a solutions manual for college professors available from the Web Added Value Download Resource Center at jrosspub.com[/ReviewAZON]

Books

January 14 GRG

Decisions Involving Uncertainty : An @RISK Tutorial for the Petroleum Industry

[ReviewAZON asin=”1893281027″]A great extension of Dr. Murtha’s highly successful seminars on the use of @RISK in the petroleum industry. You start with 2 chapters to get up to speed on the philosophy of risk analysis and the requisite principles in probability, statistics, and Monte Carlo simulation. Following are the basic steps you’d take to actually build, run, and interpret results for a real risk analysis model in @RISK. To make it as hands-on as possible, Dr. Murtha includes lots of petroleum examples – an accompanying CD includes all these examples pre-built in Excel worksheets. Volumetric reserves, exponential decline, porosity and water saturation, waterflood prospect, and competitive bidding are some of the examples. This is a rare offering in that you’ll learn about the concepts of risk analysis while also getting some very solid hands-on experience with risk analysis modelling in @RISK 4.0. A trial version of @RISK 4.0 is also included![/ReviewAZON]

Books

January 14 GRG

Statistical Distributions

[ReviewAZON asin=”0471371246″]From the reviews:

“Concise and useful summaries of the salient facts and formulas relating to [various] distributions.” -Journal of the American Statistical Association

“A worthwhile reference.” -Journal of Quality Technology

Since the previous edition of this popular guide to the most commonly used statistical distributions was published in 1993, statistical methods have found many new applications in science, medicine, engineering, business/finance, and the social sciences. To keep pace with these developments and to highlight the growing influence of statistical software and data management techniques, this new edition is now thoroughly updated and revised. Through clear, concise, easy-to-follow presentations, the authors discuss the key facts and formulas for 40 major probability distributions, fine-tune all existing material, and continue to offer ready access to vital information gleaned from hard-to-find places across the literature. Highly useful both as an introduction to basic principles and as a quick reference guide, Statistical Distributions, Third Edition:
* Presents the 40 distributions in alphabetical order
* Provides all key formulas for each distribution
* Adds a new chapter on the Empirical Distribution Function
* Expands the Weibull Distribution to cover the 3 and 5 parameter versions
* Incorporates diagrams and tables illustrating the characteristics of each distribution
* Discusses the types of application for which distributions are used
* Features references to relevant software packages[/ReviewAZON]