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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

This quote demonstrates a lack of understanding of making decisions in the presence of uncertainty and the processes and events that create uncertainty. 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.

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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. How to Deal with Project Risk Management Effectively In Your Organization?,” Scale Project Management Is Risk Management, “Robert N. Maxime Le Bras, “Large?Scale 117, July 1998.

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. How to Deal with Project Risk Management Effectively In Your Organization?,”

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The Complete Glossary of 614 Project Management Terms

Workamajig

Acquisition Process: The process for acquiring the resources and people needed to complete a project. Events and milestones are represented as nodes. As Late as Possible (ALAP): In project management terms, ALAP is any activity that should be started as late as possible as long as it doesn't delay any of its successor activities.

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a state of resource allocation performed by a project manager. is an external factor or event capable of influencing the project’s success. . is a process of examining and determining risks of project failure as a result of improper assumption estimation. Control Costs . Cost Management . Project team .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a state of resource allocation performed by a project manager. is an external factor or event capable of influencing the project’s success. . is a process of examining and determining risks of project failure as a result of improper assumption estimation. Control Costs . Cost Management . Project team .