The Owner's Role in Project Risk Management

Committee for Oversight and Assessment of U.S. Department of Energy Project Management,National Research Council,National Academy of Sciences

The Owner's Role in Project Risk Management
Format
Paperback
Publisher
National Academies Press
Country
United States
Published
15 August 2005
Pages
102
ISBN
9780309095181

The Owner’s Role in Project Risk Management

Committee for Oversight and Assessment of U.S. Department of Energy Project Management,National Research Council,National Academy of Sciences

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.

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