Remove Influencer Remove Information Technology Remove Risk Remove Strategy

IT Risk Management Strategies and Best Practices

ProjectManager.com

Information technology (IT) is no longer a tucked away department with little impact on day-to-day affairs. It’s big business that’s involved in almost every sector of the economy, and therefore carries some major risks. What is IT Risk Management?

What is Strategy?

Herding Cats

Strategy is a much overused, misused, and abused word. It's tossed around by those who are unfamiliar with Strategy Making roles in businesses. . Strategy is creating fit among a company's activities. The success of a strategy depends on doing many things well - not just a few. If there is no fit among the activities, there is no distinctive strategy and little to sustain the strategic deployment process. The Framework for IT Strategy . Strategy

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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.

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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.

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A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management. Deliverables Based Planning: Providing Actional Information to the Program Manager , 11th Annual Rocky Mountain Project Management Symposium, 2009. Risk Management. Handling Risk on High Technology Programs.

2003 59

Compendium of Works to Increase Probability of Project Success

Herding Cats

Business, Technical, Systems, Risk, and Project Management Briefings and Presentations. Risk Management (#RM). Strategy (#Strategy). Business, Technical, Systems, Risk, and Project Management. But in fact, risk management is part of the other 4 principles as well.

2003 45

Governance and Estimating

Herding Cats

Authority to influence behaviours. A structural component that pertains to the organisation’s information technology activities, the way those activities support the goals of the business, and the people who help manage those activities. Business Strategy - Balanced Scorecard.

The Urge to Strangle(The Strangler Pattern)

Leading Agile

Business agility means having the capability to “turn on a dime” at low cost and with low risk, to drive innovation, respond to market changes, and overcome the competition. Once a technology becomes part of the environment it tends to stay there, even after the shine wears off.

2018 101

Concept of Operations

Herding Cats

The CONOPS facilitates a shared understanding of ideas, challenges, and issues on the possible solution strategies to the problem at hand , without addressing the technical solution or implementation. Johns Hopkins University's Whiting School of Engineering provides an approach to making the decision about what's in the ConOps and its format based on some Systems Engineering analysis of criteria: Program risks - reducible and irreducible uncertainties that create these risks.

2014 34

DDSTOP The Saga Continues

Herding Cats

Define the risks - reducible and irreducible - to each Capability and their Features. Place all the information into some modeling tool. 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.

2019 48

DDSTOP The Saga Continues

Herding Cats

Judgment from experience requires repeatability (experts work best in Complicated or Ordered cynefin domains) The moment you have little-to-no repeatability experts are at best useless, adaptability is a better survival strategy. Irreducible Schedule Risk. Irreducible Cost Risk.

DDSTOP The Saga Continues

Herding Cats

If we take Tim Lister's advice about managing risk while spending other people's money in the presence of uncertainty, where is the adult supervision here? . . They don't care about cost, risk, schedule, the probability that they'll get what they paid you for. Irreducible Cost Risk.

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