In June, you saw Context Matters When Discussing Risks in which I outlined four risk category descriptions to use with your stakeholders and teams. Here we will drill down a bit on the first category, Decision Risk. Continue reading
In the previous post, I discussed how employing accelerated delivery strategies, specifically generative software engineering, can reduce overall project risks. This post recounts the history of a project in which generative methods were employed to great benefit. Continue reading
This year, the top challenge for CEOs according to The Conference Board’s 2013 CEO Challenge, is Human Capital. But Human Resources (HR) can’t save you. CEOs are looking for methods to improve productivity and reduce cost. HR is regurgitating employee engagement and training and development as though those same traditional methods will suddenly produce the results CEOs need. HR continues to sing the same song that has been heard for decades and seldom produces the desired results. Continue reading
Anything we do is a process. The more we acknowledge our processes and start the journey of managing and improving them, the lower the risk in overall operations.
The first step in managing processes is to understand all their components and a simple tool that could be used is SIPOC (suppliers, inputs, process, outpus customers). Continue reading
In the process of gaining approval for and initiating projects, many companies create a major risk of failure by committing to a scope, schedule and budget prematurely. This often comes about because project sponsors are disinclined or disincentivized to navigate the internal funding process more than once so they take a rough project definition and attach a heavily padded estimate to it. Continue reading