Project Risk: Pragmatism vs. Theory - Softcover

Lefley, Frank

Softcover

ISBN 10: 6139979900 ISBN 13: 9786139979905

Verlag: LAP LAMBERT Academic Publishing, 2018

Inhaltsangabe

This book, which reports on research undertaken by the author, explores some of the wide literature on the analysis, measurement, and perception of risk, in particular project risk, and then focuses on a very narrow area of that research - the relationship between the probability of risk occurrence and its possible impact if it did occur. In theory, risk is measured as the product of its probability of occurrence multiplied by its impact (R = P x I) and has a strong base in probability theory and mathematics through "expected values". This theory is well established in the literature. Through a case study approach, this current research, however, concludes that the linear relationship between risk "probability" and "impact" producing a "risk value" is perceived by some practitioners not to be correct and that the relationship is in fact exponentially influenced - pragmatism vs. theory. A second case study reports on the detailed application of this pragmatic approach in arriving at a risk profile for a given capital project.

Über diesen Titel

Über die Autorin bzw. den Autor

O Dr. Lefley é Professor Honorário de Investigação na Universidade de Hradec Králové, República Checa. Recebeu um MSc em sistemas e ciências de gestão pela Universidade de Hull, um MPhil em contabilidade e gestão financeira pela Universidade de Buckingham, e um PhD em finanças e economia pela Universidade de Londres.

Details zur Ausgabe

• Verlag: LAP LAMBERT Academic Publishing
• Erscheinungsdatum: 2018
• Sprache: Englisch
• ISBN 10: 6139979900
• ISBN 13: 9786139979905
• Einband: Taschenbuch
• Anzahl der Seiten: 112
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Betascript Publishing; customerservice@vdm-vsg.de; ; Brivibas gatve 197; Riga; 1039; Lettland