Risk Monetization: Converting Threats and Opportunities into Impact on Project Value

Suitable for readers in any organization or area of expertise, this practical book addresses the organizational, political, cultural, and technical issues related to implementing a successful risk assessment, management, and monetization process. It gives examples of risk-monetization techniques applied in a variety of settings and discusses the typical risk situation for most projects and the shortcomings of conventional processes. It also describes how risk identification, assessment, management, and monetization processes are set up in an ideal environment as well as in imperfect situations.