Project Risk Assessment and Decision Support Tools

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● Critical parts/ components were improperly ordered/ inspected and are unusable ● Product’s performance results are inconsistent and too variable and unreliable ● Many action items on the to-do list are far from complete ● Components are being separated from their paperwork (possible quality issue) ● Operating employees/ inspectors have expressed safety concerns/ potentially risky […]

PROJECT TROUBLE SIGNS (Part 5 of 6) Read More »

components are being delivered late and are not working. ● Revenues are falling far short of predictions. ● Critical tests were/ have been postponed/cancelled. ● Delayed project start/multiple false starts. ● Vendors are straying away from the project’s requirements. ● Vendors are supplying poor quality items to the client, such as: ● Code ● Products

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● The contractor and client have no understanding of each others: ● Technology ● Culture ● Business plan ● Lack of coordination between people/various departments. ● Complaints of a lack of skills on the project team. ● Serious technology considerations have surfaced after the project began. ● People/ departments refuse to cooperate with each other

PROJECT TROUBLE SIGNS (Part 3 of 6) Read More »

● Required reports arrive late. Requested for documentation is: ● Not sent/ provided ● Not located. ● Challenged by the group asked to provide it/ Report providers being interfered with by their bosses. ● Vital sign information does not exist. ● Incomplete. Not fully disclosed. Declined to answer specific questions. ● Illegible. ● Non-existent. ●

PROJECT TROUBLE SIGNS (Part 2 of 6) Read More »

● User/customer rejection/alienation. ● Initial goals and objectives are not being met. ● The business case is not understood or non-existent. ● Poor documentation. ● Large cost overruns/ delays possibly without explanation. ● Infrequent meetings or too many meetings (e.g., for morale building, trivial rewards). ● Key stakeholders are left in the dark about project

PROJECT TROUBLE SIGNS (Pa 1 of 6) Read More »

Uses models to simulate the performance of real operations. Evaluates all elements of a process, their interdependence and interaction.  

THE SYSTEMS APPROACH Read More »

A system is a set of procedures, ideas, principles or equipment usually intended to explain the arrangement or working of a systematic whole.

SYSTEM DEFINED Read More »

Systems Thinking is the art and science of making reliable inferences about the behavior of systems by developing an increasingly deep understanding of the underlying structure.

SYSTEMS THINKING DEFINED Read More »

Consider pre-committing to a “stopping rule.” Do not maintain the status quo. Ask, “Would I continue this project if someone else had started it?” Professor John Hershey Wharton Business School University of PA August 5, 1998

STRATEGIES TO AVOID PROJECT OVER COMMITMENT Read More »

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

ADVANTAGES OF FAILURE Read More »