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Polaris: Lessons in Risk Management, by John J. Byrne
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Risk management is one of the most important practices that a manager can employ to help drive a successful outcome from a project. Good risk management allows organizations to proactively respond to risks. Unfortunately, many managers believe risk management to be too time consuming or too complicated. Some find it to be shrouded in mystery. This book is designed to demystify risk management, explaining introductory and advanced risk management approaches in simple language. To illustrate the risk management concepts and techniques, this book uses real-life examples from a very influential project that helped change the course of world history -- the project that designed and built the Polaris missile and accompanying submarine launch system that became a key deterrent to a Soviet nuclear attack during the Cold War. The Polaris design and construction project employed many risk management approaches, inventing one that is still widely used today. Containing a foreword by James R. Snyder, one of the founders of the Project Management Institute (PMI), this book is structured to align with the risk management approach described in PMI's the Project Management Body of Knowledge (PMBOK Guide).
- Sales Rank: #1781905 in Books
- Brand: Brand: Multi-Media Publications Inc.
- Published on: 2011-01-01
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x .46" w x 5.51" l, .56 pounds
- Binding: Paperback
- 216 pages
- Used Book in Good Condition
Most helpful customer reviews
2 of 2 people found the following review helpful.
Excellent step-by-step guide to proper risk management
By Satisfied buyer
I met Dr. Byrne in Sept 2009 and have worked with him occasionally since that time. When he mentioned he was writing a book on risk management, I was intrigued. Since I teach a seminar on proper project management procedures and methodologies, I was very keen to get a copy, partly because John is a very interesting person and also I was hoping to get some good ideas how to teach risk management better.
Dr. Bryne makes information interesting to learn and it translated very nicely into this clear approach to proper risk management. I have learned alot about the subject, as well as, placing with a very historic project from the past. The combination helps solidify the concepts and certainly have given me great examples from which to teach.
I'd highly recommend getting a copy for a lucid, step-by-step procedure for risk management.
1 of 1 people found the following review helpful.
Avoid project failure
By William E. Wagner III
Almost everyone is involved in projects either at work, around the house, or as part of social groups. Many of these projects will fail resulting in lost money and time because no one bothered to consider the risks. This book will help you achieve success in your projects. The book is short and easy to read and the author carefully explains how risk management fits into the rest of the project. Unlike many other experts, John Byrne does not advocate spending all your resources in his area but rather analyzing where it will help.
The Polaris was a very important project for the United States and serves as a good backdrop. I was hoping for more information about that accomplishment since it is interesting, but I think it was left out to keep the book to keep it short and too the point. You will want to read this book and refer to it often as your project advances through the different stages.
1 of 1 people found the following review helpful.
Very Informative
By Terence
This is a great book. It is really informative on the subject of risk management in Project Management. You will learn what is commonly done, and what could be done to improve your risk management skills. The good thing about this book is to realize that risk management skills are not just made for project management, but can also be applied in our everyday life. Therefore, I totally recommend this book to everybody.
"The book you don't Read won't help you." Jim Rohn
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