Can the Words “Innovation” and “Project Management” Be Used In The Same Sentence?

The IIL Blog

Companies are recognizing that brand loyalty accompanied by a higher level of quality does not always equate to customer retention unless supported by some innovations. According to management guru Peter Drucker, there are only two sources for growth: marketing and innovation [Drucker, 2008]. Innovation is often viewed as the Holy Grail of business and the primary driver for growth. The question, of course, is “How do we manage innovation needs?”. 2008).

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. Risk Management is Project Management for Adults - Tim Lister. Risk Management Papers. “A Risk a Feelings,” George F. 3, 2008.

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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. Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003. Risk a Feelings,” George F. Hammonds, Risk Analysis 14.5

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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. Most post-mortems of these software disaster projects have shown that their problems would have been avoided or strongly reduced if there had been an explicit early concern with identifying and resolving their high-risk elements. Now To Risk Management. Risk is the effect of uncertainty of objectives.

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10 Startups With The Best Company Culture in 2021


the popular social media management platform that was founded in 2008, defines their culture as ‘a passionate egoless team having fun building something bigger than itself’.The The company’s culture inspires creativity, positivity and innovation and is nothing like the average.

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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. Epistemic uncertainty can also occur when there is a subjective evaluation of the system - a risk from a rare event or an event with little or no empirical data. One starting point is the value at risk.

The Perfect Storm for The Project Economy

Leading Answers

Eric Ries documented his lean startup methodology in 2008 as a way for organizations to adapt and experiment with new ideas and perform market tests. As more people get connected and information becomes more freely available, innovation accelerates in a virtuous cycle.

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

Susanne Madsen

​A project is a unique undertaking that’s full of risk and uncertainty, because it has never been done before in that exact way. 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.

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Basis of Estimating Software Development

Small Business CEO

Software Sizing, Estimation, and Risk Management: When Performance is Measured Performance Improves , Daniel Galaorath and Michael Evans , Auerbach, 2006. Scaling Lean & Agle Development: Thinking and Organizational Tools for Large-Scale Scrum , Craig Larman and Bas Voode, Addison Wesley, 2008. Agile Project Management: Creating Innovative Products , Jim Highsmith, Addison Wesley, 2004. IT Risk Management.

How To Help Teams Make Group Decisions

Girl's Guide to PM

About the author: Edoardo Binda Zane is an innovation trainer and creativity consultant. Snap decisions One Saturday in 2008 I made Monica Enand, CEO and Founder of Zapproved, get up extra early to demo her new software for me. It’s an edited extract from his book Risk Happens! This is a guest article by author Edoardo Binda Zane. If you are a project manager, making tough calls and decisions is part of your everyday life.

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The Agile Cannon

Herding Cats

Loss of control creates risk of failure. Quest for control (in manufacturing sense) makes innovation harder [2]. Innovation causes variability. Compensate for cost variation by including risk reduction metrics. Alleman, "Product & Process Development Kaizen for Software Development, Project, and Program Management, LPPDE, Denver Colorado, April 2008. [5]

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The 23 Best Project Management Books For Upgrading Your Career in 2020


Risk Up Front: Managing Projects in a Complex World. Published date: 2008 (revised edition). However, The Culture Code teaches what you need to know to maximize your team’s performance, create clear and open lines of communication, and challenge your team to be creative and innovative.

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Software Estimating Resources

Herding Cats

Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc. Effort Estimation for Mobile Applications Using Use Case Point (UCP),” Anureet Kaur and Kulwant Kaur, Smart Innovations in Communication and Computational Sciences. What the Data Say About IT project Risk in the Public Sector,” Alexander Budzier and Bent Flyvbjerg, in Commonwealth Governance Handbook, 2012/2013: Democracy, development, and Public Administration, Commonwealth Secretariat, December 2012. 245, 2008.

Estimating is a Learned Skill

Herding Cats

Sjøberg1, and Magne Jørgensen, IEEE Software , Volume 25, Issues 3, May-June, 2008. Estimates, Uncertainty, and Risk,” Barbara Kitchenham and Stephen Linkman, University of Keele, IEEE Software , May / June, 1997, “Software Project Scheduling under Uncertainties,” Intaver Institute Inc. “A Protecting Software Development Projects Against Underestimation,” Eduardo Miranda and Alain Abran, Project Management Journal , Volume 39, Issue 3, Pages 75-85, September, 2008.

30 Simpler Asana Alternatives For Creative Teams


Asana was founded in 2008 by ex-Google and ex-Facebook engineers with the aim to make team collaboration better. Quire is another free Asana alternative that offers plenty of innovative features. Creative work involves a lot of collaboration and needs a lot of flexibility.

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Product Discovery Anti-Patterns Leading to Failure

To prevail in today’s game of an accelerated innovation-based competition—software is eating the world—, every organization needs to acquire a holistic understanding of an agile product creation process: A vision leads to a strategy that (probably) results in a portfolio of products (and services).

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Monte Carlo Simulation

Herding Cats

Monte Carlo simulation on projects examines all paths through the network of activities or all possible states of the project for the duration, cost, and risk that create impacts on duration and cost. It provides an accurate estimate (within the confidence intervals) for the overall duration of the project schedule for that work and the impact of risk on that cost and schedule. 7] "Fuzzy Monte Carlo Simulation and Risk Assessment in Construction," N.

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A Digital Service Canvas for Government and Enterprise

The original is Alex Osterwalder’s Business Model Canvas , proposed in 2008. It tells us something about how innovators think, and the disarming candor with which they can set about their aims…at least in comparison to certain other business minds. In fact, most organizations only pay lip service to agility and they are not very innovative to begin with. “The important thing is to remember what most impressed you and to put it on canvas as fast as possible.” - Pierre Bonnard.