A key project function is cost management. A major challenge is how much to allow for contingency (the cost of carrying risks). This video explains how any project manager can easily manage this critical aspect of cost management.
A risk management tool is essential to efficiency and individual effectiveness. A... read more
Objectives drive a risk/time relationship that is not widely understood. This video... read more
In my last post I suggested using project management as a potential... read more
There are many techniques for identifying risks but we have found the... read more
Estimates by their nature are uncertain. Would being able to model estimate variables,... read more
Integration is a requirement of ISO 31000, but what does this mean... read more
What does “the effect of uncertainty on objectives” (ISO 31000 definition) mean... read more
In my last posting I used the term brown cygnets to describe... read more
Shortly after the draft ISO31000 was released a worldwide group discussed some... read more
In my last insight I reflected on how an organisation’s management of... read more
