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.

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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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Project Management Guidelines (Part 1) - What We Can Learn From Project Failures


Another reason can be the influence of the project environment or a high number of stakeholders. " Probably the most famous of all management laws is attributed to American military pilot and aerospace engineer Edward Aloysius Murphy, Jr. Projects are becoming increasingly complex.

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A History of PMI & Its Role in Project Management


Given its vast influence, it’s important to have a basic understanding of PMI and its history. It goes back to the 1960s, when project management became a discipline in aerospace, construction and defense industries. Decisions like these can lead to dilemmas and even risks, which can leave a project manager puzzled over the right course of action. Every trade has its trade association, an organization that represents the industry and offers training or networking.

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9 Inspirational Teamwork Examples


Their music is the soundtrack of an era and continues to influence musicians to this day. This included teams of scientists, engineers and technicians, many who had not worked in aerospace before. That doesn’t mean it shouldn’t be read and appreciated on many levels, including what it can tell us, in the most dramatic ways, about teamwork and the importance of not acting selfishly and risking the loyalty of the team.

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The Impact of Technology on Project Management: Pre-1950s to the Modern Age


The algorithm, which schedules a set of project activities, can be adapted to any type of project, including construction, aerospace, defence, software development, product development and engineering. The catastrophe involving the Challenger space shuttle focused attention on risk management, group dynamics and quality management. Focus during this time was on the internet and the influence it had on how businesses carried out their work.

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6 Top Project Management Books for Engineers and Manufacturers


The book covers a wide array of industries, including medical and pharmaceutical, aerospace, manufacturing, and more. What sets it apart from other PM books is the focus on applying PM techniques and principles to the beginning stages of a project to influence the budget, scope, and timeline as early as possible. Every month, project management expert Elizabeth Harrin fields readers’ questions about the challenges, risks, and rewards of project work on the LiquidPlanner blog.

DDSTOP The Saga Continues

Herding Cats

If you're not an expert, you're not going to recognize the possible solutions, risks, impediments, and opportunities for the problems you'll encounter in developing a solution that has never been developed before. In our domain of aerospace and defense, we have reference class for cost, schedule, architecture (DODAF), risk and other attributes of every system ever built in the DOD ( CAPE , CADE ) and NASA ( CARDe/Once ). Irreducible Schedule Risk.

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DDSTOP The Saga Continues

Herding Cats

Define the risks - reducible and irreducible - to each Capability and their Features. For each risk define the probability of occurrence, the probability of impact, the probabilities of duration or cost impacts from that impact, the probability of success for the corrective or preventive actions, and the probability of any residual risk. What is the Value at Risk for your Project? If your Value at Risk is low, then all this is not likely to be of concern.

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Software Estimating Resources

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Bool, CrossLink: The Aerospace Corporation, Winter, 2000/2001, pp. 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. Quantifying IT Estimation Risks,” G.P.

2021 Defense Industry Challenges and Trends: the United States

Epicflow Blog

What are the consequences of the COVID-19 pandemic for the aerospace and Defense realms? We know first-hand the risk that climate change poses to national security because it affects the work we do every day,” said Secretary of Defense Lloyd J.

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Estimating is a Learned Skill

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The Influence of Selection Bias on Effort Overruns in Software Development Projects,” Magne Jørgensen, Simula Research Laboratory & Institute of Informatics , University of Oslo. Estimates, Uncertainty, and Risk,” Barbara Kitchenham and Stephen Linkman, University of Keele, IEEE Software , May / June, 1997, “Software Project Scheduling under Uncertainties,” Intaver Institute Inc. “A Could Social Factors Influence the Effort Software Estimation?”