Project RIsk and Mitigations

Monday, 13 July 2015 15:13

Rescue the Problem Project

Rescue the Problem Project: A Complete Guide to Identifying, Preventing, and Recovering from Project Failure

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Author: Todd C. Williams
Publisher: AMACOM
Released: March 20, 2011
Type: Hardcover
Pages: 277
ISBN: 978-0201835953

Back from the brink... the first fail-safe recovery plan for turning around troubled projects and keeping the problems from reoccurring.

When budgets are dwindling, deadlines passing, and tempers flaring, the usual response is to browbeat the project team and point fingers of blame. Not helpful. For these situations, what is needed is an objective process for accurately assessing what is wrong and a clear plan of action for fixing the problem.

In Rescue the Problem Project Todd Williams, President of eCameron, describes how projects go wrong and what to do to fix them. It focuses on people first, then process , and finally technology. By doing this it helps you find the root cause of the failure and helps you prevent it from happening again.

Published in Suggested Books
Effective Opportunity Management for Projects: Exploiting Positive Risk

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Author:David Hillson
Publisher: CRC Press
Released: November 19, 2003
Type: Hardcover
Pages: 340

This book is currently under review, more details will be added when available

The publisher says:
Do you want to gain business benefits, achieve project objectives, and maximize opportunities? With step-by-step guidelines, this book unveils a revolutionary approach to the management of project opportunities by expanding the traditional risk management process to address opportunities alongside threats-offering valuable tools and techniques that expose and capture opportunities, minimize threats, and deal effectively with all types of uncertainty in your business and projects.

Published in Suggested Books
Identifying and Managing Project Risk

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Author Tom Kendrick
Publisher: American Management Association
Publication date 1st Ed. February 2003
2nd Ed. January 2009
3rd Ed. March 2015
Pages 400
ISBN 978-0814436080

As the title implies, this book discusses identifying and managing risks on projects. Although the book is written in a very generic manner, it has a decidedly high-tech flavor. This partly due to the fact that the author worked at Hewlett-Packard for twelve years.

Kendrick's coverage of risk, or more correctly uncertainty, is complete in a general sense focusing a majority of his discussion on risk in projects due to poor planning and change management processes. Two chapters of the book deal with quantifying risk, but the math is kept simple as he recommends using commercial products to the brunt of the work.

Published in Suggested Books
Sunday, 03 January 2010 00:00

One More Team Member to Manage: The Doctor

CCU, No Hugs HereA few years ago, we had a run in with the healthcare industry. I think of it this way since is sounds like a run in with the law. Doctors are the law, or so they think. Do as they say, or else. The problem was that my wife, at 46, was having a heart attack and had a hidden... oops... I almost spoiled the story. Unbeknownst to me, Doctors rarely think about two things being wrong; they only work on one issue at a time. Those of us who live in project work realize this assumption can have grave consequences. What the doctors in this case needed was an anal-retentive, tenacious, asshole of a Project Manager whose objective was a successful project. As Gene Kranz so aptly said, "Failure is not an option," the product, service or end result of this project was a life—my wife's. However, I am getting ahead of myself. Let me take a few minutes to set the stage to show my mistakes and how years of project recovery experience helped. I will keep it brief.

Published in Project Rescue
Project Risk Management

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Author:Bruce T. Barkley
Publisher: McGraw-Hill Education
Released: July 2004
Type: Softcover
Pages: 229

This book is currently under review, more details will be added when available

The publisher says:
"Risk Management—A Clear and Uncomplicated Approach to Business and Project Risk—Here is risk, simply put, with practical stories and cases.

"Barkley's approach to project risk management includes and enhances the current Project Management Institute Body of Knowledge on risk. Clearly spelling out simplified steps and useable risk matrix format, making risk management a team-based art as well as a science, Project Risk Management shows you why do risk and how to:

Published in Suggested Books
Monday, 26 October 2009 00:00

Keep Failed Projects Running

Stop Sign

Red project recovery is a four-step process. One must, however, determine a short-term plan for the project. It takes time to get to a resolution and it is nonsensical to continue spending money at the current rate. Other than doing nothing, there are two remaining options:

Published in Project Rescue
The Mythical Man-Month: Essays on Software Engineering, Anniversary Edition

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Author:Frederick P. Brooks Jr.
Publisher: Addison-Wesley Professional
Released: August 1995
Type: Softcover
Pages: 336

Not too long ago I had coffee with fellow tweep, Peter Kretzman, at the Zeitgeist Coffee in Seattle. We had a wonderful conversation and shared stories, philosophies, and impressions. In the process we stumbled upon a common literary love—The Mythical Man-Month by Frederick Brooks. I read it for the first time last summer and Peter reads every few years. We both extolled the virtues of the book and lamented at the fact that so many of the items Brooks brings up continue to plague us today.

Published in Suggested Books

Trust relationships, certifications, and standards sound like such a safe harbor. These sound like such great words in a proposal or statement of work. How could you possibly go wrong building a trusted relationship with a customer by committing to follow a standard? In fact, this can burn you… in court.

No one ever starts a project with the goal of ending up in court. In fact, litigation may never cross your mind; after all, you have built a trusted partner relationship. Taking a few cautionary steps, however, will make your life easier if you end up in that ill-fated litigious position. Your best chances for success come long before you enter the courtroom—even before the project starts.

Published in Project Rescue
Sunday, 17 April 2011 00:00

Management Versus Innovation

Innovation Thought Bubble

Months ago, maybe over a year, now, I was blasted for talking about innovation in the context of information technology (IT) projects. The gist of the complaint was that all IT folks think they are building some new groundbreaking, revolutionary application that requires the latest in technology's tools. I agreed with his argument, qualifying that although this seems to be a pervasive theme, IT is a discipline that needs to keep one-foot in the pioneering frontier. Regardless, I had to concede that many innovative initiatives are more about a technician playing with some new toy. Jobs like implementing ERP interfaces to manufacturing execution systems (MES) only sound new. Unfortunately, I must say, "been there done that." Most IT is neither new of innovative. To avoid squandering funds, executives must understand and direct what needs to be innovative and permeate the company's culture with that knowledge. Otherwise, the wasted time and expense will suck a company dry.

Published in Strategy

Risk is in everything we do in life, from going to the store to managing our projects. If we understand the risks associated with something we are doing, we can address the risks better and in many cases avoid them all together. Unfortunately, risk often scares us and as a result, we ignore it. This course identifies types of risks on projects and ways to lessen their effects. What you will cover:

Published in College Classes
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