Project risk analysis and management - PRAM the generic process

Chapman, Chris (1997) Project risk analysis and management - PRAM the generic process. International Journal of Project Management, 15, (5), 273-281. (doi:10.1016/S0263-7863(96)00079-8).


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This paper provides an overview of a project risk management process developed by a working party of the Association of Project Managers. It is a synthesis of methods developed by a number of individuals and organizations over an extended period. All aspects of it have been tested and developed in the context of successful practice (and difficulties associated with achieving success). The process of synthesis has provided a number of new insights. These include: a more detailed phase structure based on objectives, tasks and deliverables; a more formal process of defining the project to be assessed; treating the risk management process as a project in its own right; and treating the resolution of ownership-contractual issues as a project in its own right.

Item Type: Article
Digital Object Identifier (DOI): doi:10.1016/S0263-7863(96)00079-8
ISSNs: 0263-7863 (print)
Related URLs:
Keywords: risk analysis, risk management, generic processor
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions : University Structure - Pre August 2011 > School of Management
ePrint ID: 35681
Accepted Date and Publication Date:
Date Deposited: 01 Aug 2006
Last Modified: 31 Mar 2016 12:03

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