The project management body of knowledge generally focuses on scope management, time management and cost management. Risk management generally comes in at about 8th place out of the ten.
However risk management is potentially the biggest part of the project management planning process. Continue reading
Negligence is conduct that falls below the standard of behaviour for the protection of others against unreasonable risk of harm. From a risk management perspective if one neglects to do something, and allows that something to happen, then risks have been ignored and there has been negligence. Continue reading
There is a great scene in the film version of World War Z where Brad Pitt’s character, Gerry Lane, goes to Jerusalem to learn how the Israelis had the foresight to build large walls around the city to keep the zombie hordes out while no other nation had taken similar measures. The explanation provided by the Mossad agent he meets is that since the Yom Kippur war, Israeli intelligence had established the equivalent of a devil’s advocate office to reduce the risk that group think wouldn’t lead to very minor but highly critical data being ignored with resulting major impacts to the country’s security. Continue reading
We have talked with a number of companies that are standing up risk programs.
Many companies are driven by ISO 9001:2015 and Risk Based Thinking. Others are driven by US Federal risk requirements. Some are driven by Ebola contagion fears. Some are driven by cyber security and homeland security requirements. Continue reading
RELIABILITY PROBLEMS
Boeing representatives explained the Dreamliner would need an additional 6 months of work to bring the aircraft’s reliability in par with the existing 777 model. They made the announcement at the start of the Dubai air show. Not a good start to a week of showing off the features of the aircraft.
http://www.ainonline.com/aviation-news/dubai-air-show/2013-11-17/boeing-sees-six-month-horizon-787-fixes Continue reading