Published here June 2004.

Introduction | Pragmatic Methods to Control Risk
Employ Strategic Planning Techniques | Build in a Reasonable Time Contingency
Use Accomplishment Value to Supplement Float Analysis | Alphabet Soup? A Better Idea …
Build in a Managed Cost Contingency | Managing Technical Risk

Employ Strategic Planning Techniques

Here are some of the major components of the Risk Management for Sigmaphobics approach:

  • Identify objectives and constraints
  • Probe opportunities, threats, and issues
  • Perform stakeholder analysis
  • Gather project team early
  • Gather widespread inputs and gain stakeholder buy-in to strategies

Murphy's Law

Remember Murphy's Law … Everything that can go wrong, will go wrong. So, consider all undesirable risks … and evaluate the consequences

  • Identify reasonable defenses
  • How can they be avoided
  • How can damage be minimized
  • Compute allowances (time, resources, costs, quality) for the above
Pragmatic Methods to Control Risk  Pragmatic Methods to Control Risk

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