Simplifying Schedule Risk Analysis Using Microsoft Project Custom Fields – Transcription

MPUG

Please find below a transcription of the audio portion of John Owen’s session, Simplifying Schedule Risk Analysis Using Microsoft Project Custom Fields, being provided by MPUG for the convenience of our members. Well, thank you everybody for joining this webinar, we’re just going to talk about some simple ways of performing Schedule Risk Analysis basically just using Microsoft Project with an add in that we sell called Full Monte. I’m using those to model risk.

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. 255, April 2010.

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What Is Risk?

Herding Cats

Risk is the effect of uncertainty of objectives. In the context of risk management, uncertainty exists whenever the knowledge or understanding of an event, consequence, or likelihood is inadequate or incomplete ? ISO 31000:2009, ISO 17666:2016 and ISO 11231:2010 Risk is Uncertainty that Matters. Risk can be the potential consequence of a specific outcome that affects the system's ability to meet cost, schedule, and/or technical objectives. IT Risk Management.

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. 255, April 2010. 1, 2010.

2012 33

Vendor Showcase Recap: Making Light Work of Schedule Risk Analysis – By Barbecana

MPUG

Please find below a transcription of the audio portion of John Owen’s showcase session, Making Light Work of Schedule Risk Analysis, being provided by MPUG for the convenience of our members. I’m going to talk about schedule risk analysis. This is the contingency for risk.

Vendor Showcase Recap: Making Light Work of Schedule Risk Analysis – By Barbecana

MPUG

Please find below a transcription of the audio portion of John Owen’s showcase session, Making Light Work of Schedule Risk Analysis, being provided by MPUG for the convenience of our members. I’m going to talk about schedule risk analysis. This is the contingency for risk.

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Applying Deliverables Based Planning ® To Increase Our Probability of Success , PMI Fort Worth, Chapter Meeting, 15 July 2010. Risk Management. Five Easy Pieces: The Essentials of Managing Programmatic Risk , 10th Annual Rocky Mountain Project Management Symposium, Denver Colorado, April 2008. Managing in the Presence of Uncertainty and Resulting Risk. Handling Risk on High Technology Programs.

2008 45

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Risk Management (#RM). Business, Technical, Systems, Risk, and Project Management. Managing projects in the presence of uncertainty means making decisions about cost, schedule, and technical performance all risk-adjusted , from the uncertainties that create risk. But in fact, risk management is part of the other 4 principles as well. Risk Management .

2015 37

Conducting Project Management Interviews

Arras People

Expect answers which include mention of; situation analysis; success criteria; stakeholder and sponsor management; change management; re-establishing baselines; risk management; communications and relationship management; conflict management; negotiation and influence. Answers can range from the critical documentation like the project plan, risk register, business case or contract depending on the nature of the project being managed.

2016 233

Why Johnny Can't Do The Math

Herding Cats

In a previous post, Why Johnny Can't Estimate , mentioned some resources for estimating, the principles of business and technical management that demand estimates be made to make decisions, and background on the sources of uncertainty, that create risk, that require estimating to increase the probability of project success. For any system to be ergodic it has to be closed, with no outside influences. 3] Black Swans in Risk, Myth, Reality and Bad Metaphors . [4]

Software Estimating Resources

Herding Cats

Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc. 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. 15, The Institute of Cost and Works Accountants of India, 2010. December 2010. Quantifying IT Estimation Risks,” G.P. 4, November 2010. 4, November 2010.

Estimating is a Learned Skill

Herding Cats

The Influence of Selection Bias on Effort Overruns in Software Development Projects,” Magne Jørgensen, Simula Research Laboratory & Institute of Informatics , University of Oslo. Andreou, 3rd Artificial Intelligence Techniques in Software Engineering Workshop , 7 October, 2010, Larnaca, Cyprus. 3, 2010, “Empirical Estimation of Hybrid Model: A Controlled Case Study,” Sadaf Un Nisa and M. Johnson, STC 2010. 3, 2010.

Are You A Workplace Bully?

Girl's Guide to PM

Do you really understand the risks of leading with bullying tactics? The Risks of Being A Workplace Bully. Do you really understand the risks of leading with bullying tactics? Whether project managers are bullies themselves or promote organisational influencers that are, the risks are high. These risks could result in self-destructive, unanticipated consequences – ruining their career, reputation, and taking their beloved businesses down with them.

2016 160

In-Depth: What a Social Systems Perspective Teaches us About Change

Scrum.org

Recognize how much of your thinking is still subtly influenced by a mechanical perspective in organizations . like network patterning, mood, safety, social contact and social influence?—?than social influence is that much stronger. Change, resistance, and social influence.

2006 52

Are You A Workplace Bully?

Girl's Guide to PM

Do you really understand the risks of leading with bullying tactics? The Risks of Being A Workplace Bully. Do you really understand the risks of leading with bullying tactics? Whether project managers are bullies themselves or promote organisational influencers that are, the risks are high. These risks could result in self-destructive, unanticipated consequences – ruining their career, reputation, and taking their beloved businesses down with them.

2016 150

How to Use nTask for Waterfall Project Management – A Practical Guide for First Timers

nTask

We did an extensive analysis of various factors that influence waterfall project management. Dr. Royce was attempting to explain how in his experience the Waterfall Model comes attached with risks of failure. . This might also require that the team understands the client’s business model and analyze potential risks involved with the project. Ability to take risks. Supporting high risk projects.

2019 85

Agile Unplugged: EP01 | Mike Cottmeyer and Brian Sondergaard

Leading Agile

Poppendieck was an influence for me, no doubt, and several others in those days. But sure, it was heavily influenced by Mary Poppendieck. Started LeadingAgile in 2010. – [Brian] 2009, 2010? Listen to the SoundNotes Podcast on the go!

2020 90

The Agile Squad: The Organizational Model of the Future?

Runrun.it

And since the teams are largely self-managed, members are free from the stifling influence of micromanagers and have much more leeway to develop their own solutions and discover new things that can help not only the completion of the task at hand, but could also potentially positively affect the organization in a larger context down the road. Cuts down on personnel risk and knowledge risk. In addition, Bank of America also wanted to cut down on key-person risks.

Webinar Recap: How Innovation & Portfolio Management Office Underpins Corporate Success

MPUG

During the 2010, 2013, and all of those other fun launches as we’ve gone through and continued to advance Microsoft Project, Project Online, and all of the good Project for the web stuff. External trends in the business environment are unprecedented, and people and organizations that can’t change are at severe risk. Tad: Often, external influences in trends are not being evaluated across the enterprise. This has a lot to do with risk.

Webinar Recap: Agile Series Part 1 – Understanding & Incorporating Agile Project Management

MPUG

There is a lot, even if you look at PMI or you look at Prince2, there’s a lot that you go through in defining requirements, creating risk plans. And while this isn’t something you necessarily want to throw out the window, in many cases, what you’ll find is that the self leveling that happens, whether it’s issues or risks, these things happen, the teams need to be focused on making sure they’re producing those values.