OVERVIEW Generally, every effort is made to reduce risks in software development projects to ensure achieving functionality, time and cost goals. One common risk-mitigation practice…
OVERVIEW In the previous post, I discussed an approach to valuing projects using Discounted Cash Flow (DCF) analysis. In this post, I will use the…
OVERVIEWIn the process of gaining approval for and initiating projects, many companies create a major risk of failure by committing to a scope, schedule and…
In the previous posts in this thread we looked at various types and classes of uncertainties and discussed how and when they are likely to…
In the first two posts in this thread we looked at two classes of project uncertainties—‘macro’ uncertainties, whose impacts are felt at the project level,…
In the previous post we looked at some approaches to identifying uncertainties during the Initiation process group. During Initiation, the project is dealt with more…
Much has been written about the use of the terms “risks” and “opportunities” with respect to the process that PMI refers to as “Manage Risk.” …