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Managing Risk from Every Level of Your Organization

LiquidPlanner

This notion of contingency analysis shows that when planning or budgeting, we must account for foreseeable risk and factor in the optimal route required with the minimum number of possible detours. Any forecast used to establish baseline budgets will be imperfect, whether for reserve fuel supplies or project contingencies. Hillson, D.

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Managing Projects in Education: Specific Challenges and Ways of Addressing Them

Epicflow Blog

These constraints are the project’s scope, budget, and time. So, the art of project management involves successful implementation of a project under conditions of limited time and budget; efficient utilization of available resources, either human or material; managing risks and uncertainty; dealing with stakeholders; supporting the team, etc.

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AI Assistants for Project Managers

Leading Answers

Do you analyze backlogs and scope outlines for potential risks, or review estimates for commonly missed activities? AI has come a long way since Microsoft rolled out the annoying and not so helpful “Clippy” Office Assistant tool in 2003. Like me, do you spend time booking meetings, finding rooms, and distributing information?

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AI Assistants for Project Managers

Leading Answers

Do you analyze backlogs and scope outlines for potential risks, or review estimates for commonly missed activities? AI has come a long way since Microsoft rolled out the annoying and not so helpful “Clippy” Office Assistant tool in 2003. Like me, do you spend time booking meetings, finding rooms, and distributing information?

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Start with Principles, Not Personal Anecdotes

Herding Cats

I've seen estimates abused by bad managers, so let's NOT estimate and that will fix the behavior of Bad Managers." While the human behaviors are real and observable, conjecturing that decisions can be made in the presence of uncertainty without estimating the outcome of those decisions, there is no principle to support that conjecture.

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Risk Management Resources

Herding Cats

requires making estimates) ? Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. 105, 2003. “A Estimation of Long?Term Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006.

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A Compendium of Risk Management Resources

Herding Cats

requires making estimates) ? Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003. 105, 2003. “A Estimation of Long?Term Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006.