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. Risk Management Papers. “A

Risk 45

Risk Management is How Adults Manage Projects

Herding Cats

In a recent exchange in social media, it was clear the notion of risk and the sources of risk, the consequences or risks and managing in the presence of risk was in very unclear, when it was conjectured , we can simply slice the work into small bits and REDUCE risk. .

2003 49

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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 42

Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Now To Risk Management. Risk is the effect of uncertainty of objectives. occurrence, or recurrence of the cause of the risk.

2007 42

What’s in your backlog?

Leading Answers

Risk avoidance and risk reduction activities – Sure, maybe. Here’s a typical backlog showing a combination of features, change requests, bug fixes and a couple of risk reduction activities.   Risks in the Backlog.

2018 85

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Event-Based Scheduling , 10 November 2006. Risk Management. Five Easy Pieces: The Essentials of Managing Programmatic Risk , 10th Annual Rocky Mountain Project Management Symposium, Denver Colorado, April 2008.

2003 59

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Risk Management (#RM). Business, Technical, Systems, Risk, and Project Management. But in fact, risk management is part of the other 4 principles as well. Risk Management .

2003 45

Seven Project Management Influencers to Watch

Project Risk Coach

Elizabeth Harrin is the creator of A Girl’s Guide to Project Management which she started in 2006. His perspective on project and risk management is balanced and practical.

What Is Cloud Storage, and How Are Innovative Companies Using It?

ProjectManager.com

But the elephant in the room is Amazon Web Services, which launched in 2006, and has since become the recognized leader in cloud storage. Some of the disadvantages include the risk to security and the potential of unauthorized access to data. Everybody’s head is in the cloud nowadays.

Cone of Uncertainty - Part Cinq

Herding Cats

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. This is the basis of a risk tolerant plan.

2017 43

Quote of the Day

Herding Cats

It is the lack of needed knowledge of the state of the system in the present or in the future that creates risk. [1], deterministic world, risk management is a critical success factor for increasing the probability of program success. [4] 4] Risk Never Occurs Without a Cause, that Cause is Uncertainty ? Risk is the Outcome of Uncertainty. 212279, February 2006. IT Risk Management. Herding Cats: Risk, Their Sources, and Handling Strategies.

2006 30

Quote of the Day

Herding Cats

It is the lack of needed knowledge of the state of the system in the present or in the future that creates risk. [1], deterministic world, risk management is a critical success factor for increasing the probability of program success. [4] 4] Risk Never Occurs Without a Cause, that Cause is Uncertainty ? Risk is the Outcome of Uncertainty. 212279, February 2006. IT Risk Management. Herding Cats: Risk, Their Sources, and Handling Strategies.

2006 28

Cone of Uncertainty - Part Trois

Herding Cats

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance. This is the basis of a risk tolerant plan.

2007 36

Seven Project Management Influencers to Watch

Project Risk Coach

Elizabeth Harrin is the creator of A Girl’s Guide to Project Management which she started in 2006. His perspective on project and risk management is balanced and practical.

Basis of Estimating Software Development

Herding Cats

Software Sizing, Estimation, and Risk Management: When Performance is Measured Performance Improves , Daniel Galaorath and Michael Evans , Auerbach, 2006. Agile Estimating and Planning , Mike Cohn, Prentice Hall, 2006. IT Risk Management. The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Don't hear one?

Cone of Uncertainty - Part Cinq (Updated)

Herding Cats

Aleatory and Epistemic uncertainties, which create the risk to the success of the project. Other uncertainties that create risk include: Unrealistic performance expectation with missing Measures of Effectiveness and Measures of Performance.

2017 40

Ten Trends in Project Management Recruitment in the UK

Arras People

It comes down to how risky it is to hire someone who doesn’t have that previous sector experience, and how willing an organisation is to take that risk. The Age Regulations that came into effect in 2006 still has little impact.

2016 292

Project Managers Moving from Public to Private Sectors

Arras People

They are risk averse. I joined the organisation in July 2006 on the XXX Programme reporting to the Programme Manager who in turn reported to the Director of Resources as the programme sponsor.

2016 238

Project Management, Performance Measures, and Statistical Decision Making

Herding Cats

What reducible uncertainties and the resulting risks were Not handled? Schedule Estimation and Uncertainty Surrounding the Cone of Uncertainty, Todd Little, IEEE Software , May/June 2006. USAF Cost Risk Uncertainty Handbook.

Software Estimating Resources

Herding Cats

179, 2006. Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc. 123, 2006. “A Monte Carlo Method in risk analysis for investment projects,” Victor Platon and Andreea Constantinescu, Proceedia Economics and Finance, 15 pp. 2006. “A

Cone of Uncertainty - Revisited

Herding Cats

One chapter on the Principles of Risk Management and the second chapter on the Practices of Risk Management. Since reducible and irreducible uncertainties create risk, those uncertainties need to be reduced as the project proceeds for the probability of project success to increase.

2012 37

Route to Enterprise Scale Agility

Digite

What are the key risks in the adoption and scaling of Kanban to drive enterprise agility? It is a truly a low risk, high impact approach to improving business performance. It was replicated at Robert Bosch’s South Bend, Indiana facility in 2006.

Agile 103

Estimating is a Learned Skill

Herding Cats

Software effort estimation terminology: The tower of Babel,” Stein Grimstad, Magne Jørgensen, Kjetil Moløkken-Østvold, Information and Software Technology 48 (2006) 302–310. Software effort estimation terminology: The tower of Babel,” Stein Grimstad, Magne Jørgensen, Kjetil Moløkken-Østvold, Information and Software Technology , 48 (2006) 302–310. “A Agile Estimating and Planning , Mike Cohn, Prentice Hall, 2006. ” Haugen, Proceedings of AGILE 2006 Conference (AGILE’06). “A

The 5 Best Free Smartsheet Alternatives of 2019

nTask

Introduced in 2006, with a major redesign in 2010, the platform serves as a single systematic and flexible solution for all the task management needs of a team. Issues and risks management. Issues and Risks management to tackle their occurrence likelihood.

2019 78

Build Awesome: RoR Devs Wanted

LiquidPlanner

In 2006 I left a great gig at Expedia to start LiquidPlanner with a fellow Expedia colleague, Charles Seybold. Humble Beginnings.

2016 90

Project Portfolio Management Works for More Than Just IT

Meisterplan

In 2006, Anand Sanwal, CEO of CB Insights, and former VP of American Express, said, “I remain amazed at how the entire portfolio management discipline has become largely focused on enabling corporate portfolio management for IT investments. You have to decide what criteria makes the most sense for your organization (for example, criteria based on strategic objectives, revenue, ROI, or risk).

Reading List for the Cone of Uncertainty

Herding Cats

Schedule Estimation and Uncertainty Surrounding the Cone of Uncertainty," Todd Little, IEEE Software , May/June 2006. IT Risk Management. The Cone of Uncertainty is a useful approach to defining the expected range of uncertainty at specific stages in a project.

2012 54

Wrike Review- 10 facts you should know

Binfire

Wrike was funded in 2006 by Andrew Filev and has locations in California, Ireland, and Russia. . Risk management is another important feature found in LiquidPlanner and not Wrike. Wrike is a popular project management application.

2018 95

Time for Action – Off-Payroll Working April 2020 is Coming!

Arras People

They have also removed their direct risk associated with scoping decisions, though some indirect risk may remain in their supply chain should it fail to pay HMRC.

2020 52

Resources for Cone of Uncertainty

Herding Cats

The planned uncertainty not only needs to decrease over time passing, but this reduction diminishes any impacts of risk on the decision-making processes. Remember Risk Management is How Adults Manage Projects - Tim Lister. IT Risk Management.

2007 42

Don’t over-work yourself: Key to reducing stress at work

Proofhub

It completely destroys our health goal: stores huge fat, depleting your energy, lurks in the shadow, more risk of heart stroke, kicking out your concentration, and other undesirable things.

2018 78

DDSTOP The Saga Continues

Herding Cats

If you're not an expert, you're not going to recognize the possible solutions, risks, impediments, and opportunities for the problems you'll encounter in developing a solution that has never been developed before. 2] " Wronger than Wrong ," Scientific American, November 2006. [3]

DDSTOP The Saga Continues

Herding Cats

Define the risks - reducible and irreducible - to each Capability and their Features. What is the Value at Risk for your Project? If your Value at Risk is low, then all this is not likely to be of concern. Apply margin for the irreducible uncertainties that create the risk.

DDSTOP The Saga Continues

Herding Cats

If we take Tim Lister's advice about managing risk while spending other people's money in the presence of uncertainty, where is the adult supervision here? . . They don't care about cost, risk, schedule, the probability that they'll get what they paid you for. Irreducible Cost Risk.

The Trouble with Charts

Herding Cats

Hard Facts, Dangerous Half-Truths & Total Nonsense: Profiting from Evidence-Based Management , Jeffrey Pfeffer and Rober Sutton, Harvard Business School Press, 2006. The Flaw of Averages : Why We Underestimate Risk in the Face of Uncertainty , Sam L.

2017 44

Deconstructing The Cone of Uncertainty

Herding Cats

Don't toss out the notion that reducing risk and uncertanty and all other performance measures doesn't follow the plan. . Carol Brennan, John Wiley & Sons, 2006. The paper on the Cone of Uncertainty is used by many in the No Estimates community as an example of why estimates are of little use. Let's deconstruct the essence of the paper.

2007 37

Modeling the Future is the Basis of Project Success

Herding Cats

In ISO 15288 this is the role of the Risk Management Processes. A second Critical Success Factor is the ability to predict what will happen in the future given the model of the project's activities and risks and the alternative designed as well as emerging designs and external processes. .