RAMP is a structured process for evaluating and controlling risk in major projects and this practical, working handbook is for everyone involved in the financial, commercial, legal or engineering aspects of a project. Providing a framework for identifying, analysing and responding to risks and then placing a financial value on them, the RAMP process covers the whole life of the asset involved, including post-completion reviews and methods for controlling any risks that remain, to increase the chances of overall project success. The third edition has been substantially revised to take account of clearer ways of presenting risk to decision-makers through simple scenarios, simpler criteria for determining whether risk responses should be adopted, the latest thinking about the management of uncertainty with a new chapter on this topic and a new chapter on social and environmental responsibility and the methods for coping with these risks in infrastructure projects. There is also a new executive summary with references to more detailed guidance within the guide. Contents: 1. Executive Summary 2. Introduction 3. The management of uncertainty 4. Developing risk responses 5. Other aspects of RAMP 6. Social and environmental risks in major infrastructure projects 7. Go and no-go decisions, and later control of the risks 8. Step-by-step method of applying RAMP 9. Case study: a simple RAMP appraisal process 10. Case study: Applying RAMP to a large project 11. Risk assessment tables 12. Example of mitigation and control of risks 13. Description and flow-chart of the RAMP process 14. Glossary 15. References and selective bibliography 16. Members of RAMP working party 17. Detailed worked example of using RAMP effectively with NEC