Studies show most projects fail due to poor management of known risks. The known risks on a project are:
How to minimize the schedule risk on a project is addressed in this paper. The approach to do this is based on my 30 years of project and project risk management experience and knowledge. Continue reading
Little by little, we are learning more about Coronavirus SARS-CoV-2, and the disease it causes, Covid-19. What we are learning is clearing up some of the misconceptions we had initially.
Lord Horatio Nelson’s famous message “England expects that every man will do his duty”, signalled from HMS Victory to the fleet before the Battle of Trafalgar in 1805, is just as relevant in today’s COVID 19 and other planetary crises including global warming, the toxic pollution of our environment, and the genetic modification of our food threatening our health and consciousness. Nelson’s message is now applicable to everyone on Earth irrespective of race or creed or whatever roles they may perform. Continue reading
Effective execution is a matter of dealing with scarcity: a scarcity of time, a scarcity of resources, and scarcity of information (although too much information can also cause problems). Tools like a risk assessment help manage this scarcity by prioritizing things to allow you to better allocate resources on what’s most important. Continue reading
Employees are often referred to as the greatest asset. Many authors and organisations have considered people as their most valuable asset. And there are good reasons for doing so.
Yet, there is mounting evidence to show that employees are also the greatest liability or risk for employers. They are not engaged in the workplace, are incompetent at their work, conduct employee theft, and are involved in political manoeuvring. When these occur, employees will more likely be making self-interest decisions that will not benefit their employer. Their actions can also cause financial and reputational damage. Continue reading