#24 – WHEN 8 WEEKS ISN’T REALLY 8 WEEKS – MARK MOORE

Mark MooreIt’s a tale as old as project management itself.  Somebody works up a very detailed project schedule and even assigns specific resources to tasks.  They even manage to do some basic allocation so Jake from Engineering isn’t working 120 hour weeks for the next five years. 

But in their diligence and detail, they overlook a couple of things.  They forget that everybody on the project has “a day job” they still have to get done and that recurring events like annual quality reviews or year ends or whatever still happen.  In missing them, they put the project at risk of an overly optimistic timeline with unrealistic true allocation. Continue reading

#24 – PERSONAL RISK AND BIG DATA – PAUL KOSTEK

Paul Kostek PixI usually write about risk as related to projects, but several of the comments I received on my article on “Can Your Pacemaker be Hacked” made me realize that we are all faced with risk management in our personal lives.

Continuing on the medical topic, think about how many options you’re faced with when your doctor recommends a procedure, whether adding a pacemaker, replacing a joint or a prescription drug.   Continue reading

#24 – TIPS AND TOOLS FOR MINIMIZING LITIGATION RISK – (C) CAPERS JONES

Capers Jones pix


From working as an expert witness in a number of lawsuits where large software projects were cancelled or did not operate correctly when deployed, five major problems occur repeatedly:

  1. Accurate estimates are not produced or are overruled.
  2. Accurate estimates are not supported by defensible benchmarks.
  3. Requirements changes are not handled effectively;
  4. Quality control is deficient.
  5. Progress tracking fails to alert higher management to the seriousness of the issues.

Continue reading

#24 – AND, IF THERE WERE NO RISK? – UMBERTO TUNESI

Umberto Tunesi pixA wonderland where there would be no risk, where the mere concept of risk would be unknown, where events would be just events, and accidents just accidents.

I once read that Bhakti (or Bhakhti) believers totally submit themselves to their god, which may sound quite crazy to us, but it is their belief: which also means that, once more, truth is in the eyes of the beholder. Continue reading