Risk Management Resources

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Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. 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. 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

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The primary economic driver of the life-cycle structure is the significantly increasing cost of making a software change or fixing a software problem, as a function of the phase in which the change or fix is made. By the way, the pure conjecture that agile enables late changing requirements to not have a significant impact on the cost and schedule of the development project is completely lacking any testable evidence outside of personal anecdotes of agile advocates.

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Compendium of Works to Increase Probability of Project Success

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Here's a collection of presentations, briefings, papers, essays, book content used to increase the Probability of Project Success (PoPS) I've written and applied over my career in the software-intensive system of systems and other domains. Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Project Performance Management (#PPM). Agile Project Management (#APM). Risk Management (#RM). Project Performance Management.

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Misunderstanding Making Decisions in the Presence of Uncertainty

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All project work has uncertainty. Uncertainty comes from the lack of precision and accuracy about the possible values of a measurement of a project attribute. If your project has no uncertainty, there is no need to estimate. Turns out in the real world there is no such project. Uncertainty is related to three aspects of the management of projects: The external world - the activities of the project itself. One starting point is the value at risk.

Software Estimating Resources

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Effort Distribution to Estimate Cost in Small to Medium Software Development Project with Use Case Points,” Putu Linda Primandari and Sholiq, The Third Information Systems International Conference, Procedia Computer Science, 72, pp. Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp. Estimating Probable System Cost,” Stephen A. 11, November 2008. 245, 2008.

Black Swans

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Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. All is good so far until he mentions these concepts are applicable to the management of projects. What struck me was how disconnected Taleb is from the profession of project management. The critical success factor of managing projects in the presence of uncertainty is to determine which models are useful.

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Black Swans

Herding Cats

Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. All is good so far until he mentions these concepts are applicable to the management of projects. What struck me was how disconnected Taleb is from the profession of project management. The critical success factor of managing projects in the presence of uncertainty is to determine which models are useful.

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