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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 AND 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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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. An increasing proportion of power for all these homes and facilities may well be solar and wind that, due to innovation, is now 90% cheaper to install than 10 years ago.

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A Digital Service Canvas for Government and Enterprise

Scrum.org

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. Two variations are most commonly encountered.

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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. Proactively Experiment to Improve. Not improving fast enough. Forces on proactive improvement. Understanding.

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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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