Lack of Risk Management and an affected project
A classic example would be the project my company executed before the formal PM processes were implemented. The project’s core requirement was to generate reporting...
Managing the Managers – Showing importance of Risk Management
Suppose you called a meeting with your project team, various experts and the stakeholders, to start the risk planning process. One of the senior people...
Decision Tree / Expected Monetary Value model for risk analysis
EMV is a statistical concept (with a defined formula) which calculates average outcome when there is uncertainty in the final outcome (more than one possible...
Project size driving Project risk
Project size and Project Risk: Another interesting topic in Project Management world. From my experience with software development, I think that project risk increases with...
Addressing risk due to interpersonal issues and incorrect project communication
Interesting question as I wonder this situation (Risk of failure due to interpersonal issues) is often less addressed anywhere. I shall address the situation using formal...