Risk Management - interesting book: Risk Management: Concepts and Guidance, by Carl L. Pritchard

Risk Management: Concepts and Guidance, by Carl L. Pritchard

In my research for "working solutions" I read recently Carl Pritchard's "Risk Management: Concepts and Guidance". The book was recommended as blueprint for Risk management by practitioners not only related to PMI.
And I need to say that I wasn't disappointed. One notice that book is really ready to read and understand. Just after PMBOK and having the picture of books related to PMI as difficult to "digest" it was nice surprise to find the author who describes the methodology and tools in easy to read way. You can get impression that main objective of the book is become the day-to-day support for Risk management.

Personally I like the practical approach presented in the book. Inline with description of numerous mitigation strategies but put the focus on the way hot to use it intelligent way. There is balance between being a cookbook (giving ready-to-use answers) and description of ingredients (how to mix it later on). It forces you to think before use a specific technique.. .
The book is divided into two major sections: :
- risk processes and practices
- risk management techniques.
That includes tens of figures, well done statistical and econometrics models for risk basements and several templates you got good theoretical and practical background for day to day risk management.
Pritchard's adds several useful appendixes including information on contractor risk management, list of risk sources, basic probability concepts, quantifying expert judgment.

So if you look for not over-sophisticated book for risk management for any methodology I can recommend it. Applying to Agile requires thinking.