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Risk and Systems: With Applications in Infrastructure Project Management by David G. Carmichael 9781032381220

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Description

Risk is related to the magnitude and uncertainty of an output (consequence or outcome); outputs take on different identities in different disciplines and situations. Risk is peculiar to each stakeholder and the measurement scale for risk depends on the stakeholder’s value system. Risk management provides a way of addressing the issues associated with the magnitude and uncertainty of outputs. This book provides a distinctively rational treatment of risk and risk management, based on a systems approach. The book’s treatment applies to all disciplines and sets out the principles of risk and risk management as well as looking at a range of applications and more specialist tools and approaches. The book:

  • Develops a risk framework through a systems approach
  • Offers a challenging and fresh approach for infrastructure engineering, construction and project management in general

The book will suit students and practitioners alike.



Book Information
ISBN 9781032381220
Author David G. Carmichael
Format Hardback
Page Count 190
Imprint Taylor & Francis Ltd
Publisher Taylor & Francis Ltd
Weight(grams) 539g

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