Project Risk Management: Managing Software Development Risk

by Kurt Engemann (editor), Rory O'Connor (Editor)

The objective of the multi-volume book Developments in Managing and ExploitingRisk is to offer a balanced view to enable the reader to better appreciate risk as acounterpart to reward, and to understand how to holistically manage both elements of thisduality. Crises can challenge any organization, and with a seemingly endless stream ofdisruptive and even catastrophic events taking place, there is an increasing emphasis onpreparing for the worst. However, being focused on the negative aspects of risk, withoutgiving consideration to the positive attributes, may be shortsighted. Playing it safe may notalways be the best policy, because great benefits may be missed.Analyzing risk is difficult, in part because it often entails events that have neveroccurred. Organizations, being mindful of undesirable potential events, are often keenlyaverse to risk to the detriment of capitalizing on its potential opportunities. Risk is usuallyperceived as a negative or downside but a commensurate weight should also be given tothe potential rewards or upside, when evaluating new ventures. Even so, too much of agood thing may create unintended consequences of positive risk, which is also anundesirable situation. Developments in Managing and Exploiting Risk provides aprofessional and scholarly venue in the critical field of risk in business with particularemphasis on decision-making using a comprehensive and inclusive approach.

284 pages, Kindle Edition

Published March 8, 2021