Project risk and opportunity management : an owner's perspective /: an owner's perspective. (2019)

• Record Type: Book
• Further Information: Note: Agnar Johansen, Nils Olsson, George Jergeas and Asbjørn Rolstadås.
• Authors: Johansen, Agnar
• Contents: PREFACE * CONTENTS * LIST OF FIGURES * LIST OF TABLES * Part I – WHY CHASE OPPORTUNITIES? * 1. PROJECT BUSINESS * 1.1. The lost opportunities * 1.2. Current industry practice * 1.3. From project delivery to value creation * 1.4. Type of projects * 1.5. Major stakeholders * 1.6. Unpredictability in projects * 2. HOW PROJECTS ARE DELIVERED * 2.1. Stage gate models in projects * 2.2. Project phases * 2.3. Planning a project * 2.4. Implementing a project * 3. THE OWNER AND HIS ROLE * 3.1. Project ownership * 3.2. Project sponsor, asset owner and PEO * 3.3. Governance * 3.4. Users * 3.5. Project owners and success * 3.6. Financing of projects * 3.7. Project owners and uncertainty management * 4. RISKS AND OPPORTUNITIES * 4.1. Uncertainty versus risk and opportunity * 4.2. Uncertainty categories * 4.3. Risk and opportunity categories * 4.4. Risk and opportunity from the perspective of time * 4.5. Risk management * 4.6. Project complexity * 4.7. Reflections on project uncertainty in an owner perspective * 5. RISK AND OPPORTUNITY MANAGEMENT APPROACH * 5.1. The management process * 5.2. Identifying and quantifying risks and opportunities * 5.3. Tools and techniques: how to find opportunities * 5.4. Opportunities as reaction and iterations for opportunity management * 5.5. Benefits * Part II – HOW TO CHASE OPPORTUNITIES? * 6. PRACTICAL RISK AND OPPORTUNITY MANAGEMENT * 6.1. Opportunities in projects * 6.2. Cost and schedule * 6.3. Quality * 6.4. Real options * 6.5. Lean thinking * 6.6. Last responsible moment integrated planning * 6.7. Project flexibility can provide opportunities * 6.8. Exploiting opportunities * 7. CONTINGENCY CALCULATIONS * 7.1. Cost contingency * 7.2. Schedule contingency * 7.3. Generic contingency calculation methods * 7.4. Cost contingency calculations * 7.5. Schedule contingency calculations * 8. CONTRACTUAL PRACTICES AND COLLABORATIVE RELATIONSHIPS * 8.1. Contracts and risk * 8.2. Risk allocation in contracts * 8.3. Contractual arrangements and types * 8.3.1. Design–Bid–Build or General Contractor Concept * 8.3.2. Design–Build or EPC * 8.3.3. Construction Management * 8.4. Contract price arrangements or payment structures * 8.4.1. Fixed Price Contracts * 8.4.2. Cost Reimbursable Contracts * 8.4.3. Guaranteed Maximum Price Contracts * 8.4.4. Convertible Contracts * 8.4.5. Frequent disputes and claims * 8.5. The collaborative construction model * 8.5.1. What is the mission of the systems integrator? * 8.5.2. What does the systems integrator do? * 8.5.3. Where does the systems integrator reside? * 8.5.4. Who should staff the systems integrator? * 8.5.5. Critical success factors for the collaborative construction model * 9. CASE STUDY – RAIL IN MEDIUM SIZE CITY * 9.1. The business case for railway projects * 9.2. Commercial perspective, revenues and costs * 9.3. Socio-economic perspective * 9.4. The case study * 9.5. Uncertainty development * 9.6. Chasing opportunities in the case * 9.6.1. Reducing investment cost * 9.6.2. Reducing operational cost * 9.6.3. Reducing inconveniences * 9.6.4. Increasing benefits * PART III – CHANGED MINDSET * 10. CHANGED INDUSTRY MINDSET * 10.1. Industry best practices * 10.2. Shifts in mindset * 10.3. The change process * ABBREVIATIONS * REFERENCES * INDEX *
• Publisher Details: Abingdon, Oxon New York, NY : Routledge is an imprint of the Taylor & Francis Group, an Informa Business
• Publication Date: 2019
• Extent: 1 online resource
• Subjects: 658.4/04; Project management; Construction projects -- Management; Project management; BUSINESS & ECONOMICS / Project Management; TECHNOLOGY / Construction / General; Electronic books; Electronic books
• Languages: English
• ISBNs: 9780429430589; 0429430582; 9780429773402; 0429773404; 9780429773396; 0429773390; 9780429773419; 0429773412
• Related ISBNs: 9781138365810; 1138365815; 9781138365827; 1138365823
• Notes: Note: Includes bibliographical references and index.; Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.