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Probabilistic Branching and Analysis in Risk Management

Management Yogi

It is scheduled with a hard start, meaning you can’t have delays, but as you start traveling, you notice that your vehicle is running low on gasoline. A few options come to mind:Continue driving because you think your available gasoline will suffice.Fill-up your gasoline tank at a nearby gas station and then continue

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Probabilistic Branching and Analysis in Risk Management

MPUG

These questions lead to a concept called probabilistic branching and analysis , which is used in quantitative risk analysis and management. These questions lead to a concept called probabilistic branching and analysis , which is used in quantitative risk analysis and management.

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Top Frustration #2: End to End Risk Management

MPUG

Imagine you are managing a large project, which is strategically important and complex. At the outset, you realize there will be a number of risks, which if not managed well, could paralyze the outcome and have negative impacts on the project objectives. Will a software tool for only project management meet your needs?

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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Economics is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. Economics has two basis branches: Macroeconomics is the study of how people make decisions in resource-limited situations on a national or global scale. Boehm, Barry W.

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Webinar Recap: Risk Management Life Cycle in the Context of Project, Program, and Portfolio

MPUG

Please find below a transcription of the audio portion of Satya N Dash’ session, Risk Management Life Cycle in the Context of Project, Program, and Portfolio, being provided by MPUG for the convenience of our members. Kyle: Satya is a management professional, speaker, coach, and the author of six books.

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Strategic Risk Management and Projects

Strategy Execution | PMO Perspectives

Experienced managers know the value of the ‘elevator view’, that is, knowing when to press the button for the top floor to look down at the bigger picture, and when to descend to the ground floor to get down ‘amongst the weeds’. Strategic Risk Management. Can we ever achieve this ideal world?

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Deconstruction the #NoEstimates Conjecture

Herding Cats

This is simply good process development and management. Have you done a Root Cause Analysis? Yes, this is the basis of any closed loop control system from keeping the room temperature at a specific setting, to the speed control on your car, to managing software development projects in the presence of uncertainty.