Project Risk Management Fundamentals

  • Ivan Damnjanovic
  • Kenneth Reinschmidt
Part of the Risk, Systems and Decisions book series (RSD)


In this chapter we present the fundamentals of project risk management. We provide an overview of the overall process including risk identification, qualitative and quantitative risk assessment, and risk mitigation/treatment. We discuss different approaches to modeling project risks and provide a context for the materials we cover in the following chapters.


Project uncertainty and risks Risk management framework Representation methods 


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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Ivan Damnjanovic
    • 1
  • Kenneth Reinschmidt
    • 2
  1. 1.Texas A&M UniversityCollege StationUSA
  2. 2.College StationUSA

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