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Risk Management Resources

Herding Cats

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. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

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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. reducible and irreducible

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Uncertainty is related to three aspects of the management of projects: The external world - the activities of the project itself. The naturally occurring work effort in the development of a software feature - even if we've built the feature before - is an irreducible uncertainty. One starting point is the value at risk.

2003 46
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Without a Root Cause Analysis, No Corrective or Preventive Action is Credible - Part 1

Herding Cats

But before going further, let's establish the definitions we need to understand and apply Root Cause Analysis needed to discover the corrective and preventive actions to increase the probability of project success - especially Software Project Success. Why Do Information Technology Projects Fail?” All for the want of a nail.

2014 45
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Black Swans

Herding Cats

This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. 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.

2002 34
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Black Swans

Herding Cats

This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development. 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.

2002 28
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Cone of Uncertainty - Part Cinq

Herding Cats

The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). This is due to many reasons. Aleatory and Epistemic uncertainties, which create the risk to the success of the project.