Risk Analysis and Management for Projects (RAMP) 2nd Edition

Risk surrounds every human activity and influences everything we do. RAMP (Risk Analysis and Management for Projects) is a simple and straightforward process for evaluating and controlling risk in major projects, which has been developed by a joint working party of the actuarial and civil engineering professions. This handbook shows how RAMP can enable one to identify, analyse and respond to risks, and place financial values on them. Allied with sound judgement, RAMP should reduce the chance of the resources committed to a project being wasted or the project being a failure. It should also lead to better financial returns for sponsors, investors and lenders, and help to improve the consequences of projects for the wider community.