The Owner's Role in Project Risk Management
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 102 |
Release | : 2005-03-25 |
ISBN-10 | : 9780309095181 |
ISBN-13 | : 0309095182 |
Rating | : 4/5 (182 Downloads) |
Download or read book The Owner's Role in Project Risk Management written by National Research Council and published by National Academies Press. This book was released on 2005-03-25 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective risk management is essential for the success of large projects built and operated by the Department of Energy (DOE), particularly for the one-of-a-kind projects that characterize much of its mission. To enhance DOE's risk management efforts, the department asked the NRC to prepare a summary of the most effective practices used by leading owner organizations. The study's primary objective was to provide DOE project managers with a basic understanding of both the project owner's risk management role and effective oversight of those risk management activities delegated to contractors.