(Ebook) Practical risk management for EPC/design-build projects: manage risks effectively - stop the losses by Salmon, Walter A ISBN 9781119596172, 1119596173

(Ebook) Practical risk management for EPC/design-build projects: manage risks effectively - stop the losses by Salmon, Walter A ISBN 9781119596172, 1119596173

"The idea for me to write this book came about from the many questions I received from colleagues when I was assisting Project Managers in the compilation and updating of the Risks Registers for the primary risks particular to their Engineering, Procurement & Construction (EPC) Projects. At the same time, I was often involved in chairing the Risk Management Meetings on behalf of those Project Managers, and then following up the required actions with my colleagues. My participation in those tasks came about despite my principal role having been to undertake the contract administration functions for the mega EPC Projects I had been allocated to. This was simply because most other managers seemed to believe that risk management was more suited to my line of work than theirs. In the course of undertaking those tasks, some of my co-workers from whom input was required told me that the concept of risk management was a mystery to them, and it was therefore a subject that they shied away from. I had a fair degree of sympathy for them, largely because, when I first embarked on studying the subject of project risk management in the mid 1980's (as part of a project management course I was undertaking in pre-Internet days), I was overwhelmed by the almost pure academic treatment of the subject (as compared to the practical application I had been looking for). Sadly, I find that this is still the case today, as researching on the Internet would soon reveal"--