Category Archives: Projects@Risk™ – Malcolm Peart

#223 – FORECASTING – RECOGNISING THE FUTURE OR IGNORING IT? – MALCOLM PEART

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Picture1It is said that there are two types of forecast…lucky or wrong.  The outcome of a forecast can mean the difference between the success or failure of a venture; predicting the future is fraught with risk and it can be quite literally be a gamble.  Information is typically incomplete, and foretelling requires assumptions and guesses as people spend valuable time preparing plans and schedules, resource estimates, and budgets and cash flows upon which execution will depend. Continue reading →

#222 – HISTORY OR GEOGRAPHY: RISK AND GRIEF – MALCOLM PEART

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Picture1Whatever happens and whatever is decided upon in a project or in business, there will always be some retrospective analysis whether asked for or not.  People will argue as to what happened and why and when, and opine on how it should have happened and, inevitably, who was responsible, or irresponsible.  ‘Shutting the gate after the horse has bolted’; retrospective risk analysis…and it works every time! Continue reading →

#220 – DORIS DAY PROJECT MANAGEMENT – FATALISM OR CRITICAL THINKING – MALCOLM PEART

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Picture1For those of us who remember, or whose parents told them, Doris Day played the ‘bubbly blonde’ of the 1950’s and 60’s and was the effervescent optimist in feel good movies.  She also famously sang “Que Será, Será” in the Hitchcock film “The Man Who Knew Too Much“: Continue reading →

#219 – RISK MANAGEMENT: DELUSION, ILLUSION, AND REALITY – MALCOLM PEART

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Picture1Can we really manage risk, or do we delude ourselves by going through the prescribed activities of ‘risk management’ giving the illusion that it’s happening?  Is risk management merely a hypocritical ritual and applying some science to fate through statistical mumbo-jumbo, decision trees, and quantitative analyses? Continue reading →

#218 – ROCKING THE PROJECT BOAT- MALCOLM PEART

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Picture1ROCKING THE PROJECT BOAT – NOT A CRIME, POSSIBLY A VIRTUE.

The project has hit a bad patch, it’s in a rut and the wheels are spinning; it’s not moving forward, and the rut is getting deeper.  “When you’re in a hole – stop digging!” goes the project management adage because digging only makes the hole deeper and makes it more difficult to get out of both physically and figuratively. Continue reading →