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Managing Project Assumptions and Risks

The IIL Blog

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Until we validate them, they are risks.

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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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5 Notorious Failed Projects & What We Can Learn from Them

ProjectManager.com

Surprisingly, Sony continued to produce Betamax all the way into 2016. But soon the market had options that were cheaper and better than Betamax, making it a failed project. When you’re dealing with highly complex and dangerous projects like NASA, there’s always tremendous risk that needs to be tracked. The Lesson.

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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. Making these decisions in the presence Uncertainty ?

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Analogous and Parametric Estimating

MPUG

Microsoft Project, in its various releases (i.e., Online desktop, 2019, 2016, etc.), 2 – Summary tasks from the parametric schedule are scaled by analogy, enabling negotiation of project cost, resources, and product delivery date. Unknown risks are treated as issues as they arise.

Estimate 105
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2020 Challenges and Trends in Construction

Epicflow Blog

Many of you have heard about a $140,000 3D printed house in China in 2016 and probably read the news about the popularity of this approach for constructing buildings in Dubai. At the same time, despite its acceptance and demand, the global introduction of this technology is associated with some challenges and risks. .

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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. If we do not have a sufficient buffer to protect the plan from these naturally occurring variances, our project will be impacted in unfavorable ways. An aleatory risk is expressed as a relation to a value.

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