Sat.Mar 26, 2016

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Evaluating Project Schedules Utilizing Quantitative Risk Analysis

Project Risk Coach

Do you remember the first time you missed a project deadline? I do. I recall the embarrassment for me and my team. I promised myself I would take proactive steps to mitigate this outcome for future projects. Why do projects take longer than expected? Often times, risks occur and project managers lack adequate schedule reserves. Once burned, many project managers start a bad habit – padding their project schedules.

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Program success probability

Musings on Project Management

Glen Alleman has a posting that links to John Higbee's presentation about "Program Success Probability". On page 5 of Higbee's slides, you'll find this image: I find this cognitively satisfying: all is in order as my German friends would say. It's a risk register of sorts. On the right are all the external factors/metrics that have material impact; on the left side are the internal risks.

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