Managing Risk in Organizations: A Guide for Managers

RISK MANAGEMENT Managing Risk in Organizations: A Guide for Managers By J. Davidson Frame. Published by Jossey-Bass. Available from ASSE, phone [phone]; www.asse.org. 2003, hardcover, 264 pp.; $45.00 members; $49.95 list. ISBN 0-78-796518-9. Order #10601.

A Guide for Managers is a practical book that describes the risk management process in understandable terms for those not in the risk management business. J. Davidson Frame is the academic dean at the University of Management and Technology, Arlington, VA, where he runs graduate programs in project management. He has written several books, many of which focus on project management. Given his background, it is not surprising that Frame frequently uses project management examples to relate risk management concepts.

Frame clearly asserts that the world is a risky place. We experience risk in everything we...