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Understanding Risk Breakdown Structure

Wrike

When it comes to risk management , a risk breakdown structure is a powerful tool in a project manager’s toolkit. According to the Project Management Institute (PMI), a project risk is defined as “an uncertain event that, if it occurred, has an effect on at least one project objective.” . What is RBS in project management? .

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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.

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In-Depth: How To Create Better Work Agreements For Your Team

Scrum.org

We know from research in teams that even light conflict has a negative effect on team productivity (De Dreu & Weingart, 2003). Psychological safety is “a shared belief held by members of a team that the team is safe for interpersonal risk-taking” (Edmondson, 1999). Each person has their own style of responding to conflict.

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Project Innovation and “Crossing the Chasm”

Tony Adams

Plenty has been written on innovation thinking – the classical distinction between incremental (evolutionary) and radical (revolutionary) innovation is well covered, with different variations including architectural vs modular , organic vs mechanistic and sustaining vs. disruptive.

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Project Innovation and “Crossing the Chasm”

Tony Adams

Plenty has been written on innovation thinking – the classical distinction between incremental (evolutionary) and radical (revolutionary) innovation is well covered, with different variations including architectural vs modular , organic vs mechanistic and sustaining vs. disruptive.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

The risk is created when we have not accounted for this natural variances in our management plan for the project. Dealing with Aleatory (irreducible) uncertainty and the resulting risk requires we have margin. An aleatory risk is expressed as a relation to a value. One starting point is the value at risk.

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