Project Risk Assessment and Decision Support Tools

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ADVANTAGES OF FAILURE

  • Forces reflection – Makes the team think.
  • Allows you to learn from your and others mistakes.
  • Humbles the ostentatious.
  • Trains everyone how to recognize and avoid pitfalls.
  • Reduces re-occurrences on future projects.
  • Shows a willingness to experiment.
  • Makes planners focus on the “big picture.”
  • Failures will occur. Those who fail faster and recover faster will ultimately win! (Tom Peters – 1997)