RSMeans

2 primary works

Risk Management Design Constru

by Ovidiu Cretu, Robert B. Stewart, and Terry Berends

Published 11 August 2011

Risk Management for Design and Construction

by Ovidiu Cretu, Professor Robert B Stewart, and Terry Berends

Published 1 January 2011

The essential risk assessment guide for civil engineering, design, and construction

Risk management allows construction professionals to identify the risks inherent in all projects, and to provide the tools for evaluating the probabilities and impacts to minimize the risk potential. This book introduces risk as a central pillar of project management and shows how a project manager can be prepared for dealing with uncertainty. Written by experts in the field, Risk Management for Design and Construction uses clear, straightforward terminology to demystify the concepts of project uncertainty and risk.

Highlights include:

Integrated cost and schedule risk analysisAn introduction to a ready-to-use system of analyzing a project's risks and tools to proactively manage risksA methodology that was developed and used by the Washington State Department of TransportationCase studies and examples on the proper application of principlesInformation about combining value analysis with risk analysis

"This book is a must for professionals who are seeking to move towards a proactive risk-centric management style. It is a valuable resource for students who are discovering the intricacies of uncertainties and risks within value estimation. For professionals, the book advocates for identifying and analyzing 'only' risks whose impact are of consequence to a project's performance."
JOHN MILTON, PHD, PE
Director of Enterprise Risk Management, Washington State Department of Transportation