Mastering Risk and Procurement in Project Management

Randal Wilson, MBA, PMP, serves as Visiting Professor of Project Management, Keller Graduate School of Management, at the Elk Grove, CA DeVry University campus. His teaching style is one of addressing Project Management concepts using not only academic course guidelines and text, but includes in-depth discussions in lectures using practical application from industry experience.   Mr. Wilson is currently Operations and Project Manager at Parker Hose and Fittings. He is responsible for five locations across Northern California and Nevada, as well as project management of redesigns/renovation of existing facilities and construction of new facilities.   Mr. Wilson was formally in the telecommunications industry as Senior New Product Introduction Engineer at REMEC, Inc., Senior New Product Introduction Engineer with Spectrian Corp., and Associate Design Engineer with American Microwave Technology. He also served as Senior Manufacturing Engineer at Hewlett Packard.   He is a certified Project Management Professional (PMP) of the Project Management Institute. He acquired an MBA with a concentration in General Operations Management from Keller Graduate School of Management of DeVry University in Fremont, California, and a Bachelor of Science in Technical Management with a concentration in Project Management from DeVry University in Fremont.   

Introduction 1




Part I: Risk and Procurement Planning


Chapter 1: Risk Strategy and Planning 19
Chapter 2: Identifying Risk 39
Chapter 3: Risk Analysis 71
Chapter 4: Plan Procurement Strategy 93


Part II: Project Execution
Chapter 5: Risk Response Strategies 127
Chapter 6: Procurement Execution Strategies 141




Part III: Integrated Monitoring and Control


Chapter 7: Risk Monitoring and Control 181
Chapter 8: Procurement Monitoring and Control 213




Part IV: Project Closer


Chapter 9: Close Risk Events 235
Chapter 10: Close Procurements 249
Bibliography 263


Index 265