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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Poor estimating. Sometimes the estimates are just rubbish. More and more, estimating is getting harder (in my opinion). Sometimes the estimates are wrong; other times something else happens to disrupt your estimate. Either way, estimating issues are a risk to your schedule. Governance risk.

Risk 320
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Beware of the Unintended Consequences of Incentive Plans.

Scrum.org

More examples of poorly aligned incentives that contributed to the boom then bust financial crisis of 2008-2009: Fannie Mae and Freddie Mac using their implicit government backing to take on significant mortgage risk with little capital backing.

Planning 190
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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Project Governance. Agile Software Development for Government Software Intensive System of Systems (SISoS) , Boulder Agile Meetup, 27 July 2016. Product & Process Development Kaizen , LPPDE, Denver, Colorado, April 21-23, 2008. How to Develop Credible Cost & Schedule Estimate. Basis of Estimate Process.

2003 54
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When projects go wrong and it's the worst possible moment

Susanne Madsen

Just consider the most important techniques we use as project managers: we define scope, analyse requirements, plan and estimate work, add contingency, manage risks, track changes and check the quality. At the time of opening in March 2008, only 85% of project deliverables had been completed. It’s a way to control the unknown.

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Cone of Uncertainty Bibliography

Herding Cats

I work in a domain where the CoU is baked into the Integrated Program Performance Management (IPPM) processes flowed down from the buyer, in this case, the Federal Government. This can be the confidence in the estimate for any variable. Olagbemiro, Naval Postgraduate School Dissertation, December 2008.

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. All estimates have precision and accuracy. Deciding how much precision and accuracy is needed for a credible estimate is critical to the success of that decision.

2003 46
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Risk Management Resources

Herding Cats

requires making estimates) ? 79, 2008. “`,” Stephen Ward and Chris Chapman , International Journal of Project Management , 21, pp. Estimation of Long?Term ius, KSI Transactions on Knowledge Society, Volume 1, Number 3, 2008. Making these decisions in the presence Uncertainty ? reducible and irreducible ? 1994): 707-712.