Books by David Hillson

"A leading expert on risk management describes how to steer your company through a "risk hurricane"-the extreme risk exposure that can lead to major disruption for your business. Risk management has become a standard part of the strategic tool kit, providing senior leaders with a forward-looking radar to scan the future and give early warnings of approaching threats and opportunities. However, even best-in-class organizations can falter in the face of extreme risk exposure. Special circumstances demand special responses, and extreme risk exposure needs very careful handling. Routine risk management approaches will fall short, but businesses that demonstrate a high degree of flexibility and resilience will have the competitive advantage and the ability to thrive where others fail. The causes and consequences of meteorological hurricanes have parallels in the way uncontrolled risk exposure can develop in organizations. Both are caused largely by predictable factors, but both are characterized by sustained uncertainty and severe impact once they develop. If we can learn to predict a risk hurricane, prepare for it effectively, and survive its effects, then our organizations will be well placed to address the challenge of extreme risk exposure, if and when we are unfortunate enough to face it"--

This second edition of the book reflects the authors' work to continually improve upon the model and to apply the methodology to a broader range of issues. The book includes:* An entirely new chapter on managing risk in programs, which is an important dimension in today's world of ever more complex initiatives* Updated material and methodology more closely aligned with relevant international standards* Emphasis on minimizing the threats and maximizing the opportunities to optimize achievement of your project goalsBased on sound principles and best practices, this book guides any member of the project management team in conducting risk management in a real-world environment.

With more than three decades of experience as a thought-leader and expert practitioner, PMI® Fellow Dr. David Hillson shares practical insights into how positive risks can be identified, assessed, and turned into opportunities.

Risk appetite is a hot topic, driven both by corporate governance requirements and senior managers' need to make risk-based decisions. But despite the high level of interest, there is no consensus on what risk appetite is, how it should be expressed or measured, or how it can be practically used in business or projects.

Offers an approach to the management of project opportunities by expanding the traditional risk management process to address opportunities alongside threats. This work provides tools and techniques that expose and capture opportunities, minimize threats, and deal effectively with the various types of uncertainty in your business and projects.

All businesses face significant levels of uncertainty these days. To succeed you need to exploit future uncertainty, turning it to your advantage by managing risk effectively. This title shows you how. It covers the links between better business and risk-taking, basic risk concepts, making risk management work in practice, people aspects.

Situates risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries.

Despite many years of development, risk management remains problematic for the majority of organizations. This book helps you understand the human aspects of risk management and to manage proactively the influence of human behaviour on the risk process. It is suitable for those involved in implementing risk management.