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random number tables, 122-123
ranking of risks, 189-190
reading, 240
regulations, in quality management, 207-208
requirements process, 23-26
reserves
contingency, 62-64, 198, 201, 222-223
management, 10, 62-64, 198-199, 222-223
resistance to change, 166, 167
resource histograms, 96-97, 108-111
responsibility-accountability matrix, 153
results-based project management, 170
retained earnings, defined, 73
return on assets (ROA), 75-76
calculating, 76
defined, 75
return on sales (ROS), 75-76
calculating, 75-76
defined, 75
risk audits, 200
risk avoiders, 191-193
risk control, 177, 199-201
risk-free investment, 69-70
risk identification, 176, 177-181
areas for, 178
methods of, 179-181
risk management, 174-202
importance of, 175
nature of, 174-176
ranking of risks, 189-190
steps in, 176-202
risk quantification, 176-177, 181-190
risk response, 177, 193-199
acceptance of risk, 191-193, 194-195, 198
avoidance of risk, 191-193, 196-198
mitigation of risk, 197, 198
money allocation and, 197-199
transfer of risk, 195-196, 198
risks
contingency reserve and, 62-64, 198, 201, 222-223
defined, 61
expected value of, 61-62
of fixed price contracts, 7-8
identified, 61-62
known, 61-62, 174-176, 198, 199
management reserve and, 10, 62-64, 198-199, 222-223
schedule, 116-119
time value of money and, 69-70
understating, in project estimates, 43
unidentified, 61-62
unknown, 61-62, 174-176, 198-199
risk takers, 191-193
risk tolerance, 191-193
rough order of magnitude estimates, 44
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