Project Risk Assessment and Decision Support Tools

Search Timer

database

Search content.

Project failure is the inability to achieve project goals and objectives with the strategy and objectives employed. Steven M. Price Consultant Price – Mangin

Quality assurance is a process where an organization satisfies its technical and administrative performance requirements, free of discrepancies, while meeting customer needs.

Human elements addressed. Project manager assigned. Type of organization (weak/strong/matrix office) appropriate. Outputs and activities well defined. Project manager leadership. Flexible alternatives. Good teamwork/morale/ownership. Degree of complexity (software/database concepts/hardware/ ability to easily add functions/ features/teleprocessing, etc). Tasks assigned in right order. Minimal resource conflicts. Effective meetings. Estimated times to complete are reasonable. Line organization must …

SUCCESSFUL PROJECT CHARACTERISTICS Read More »

Risk management is an aspect of project management that entails identifying potential risks and developing ways to mitigate them after they have been identified. Risk management is still both an art and a science.

A project is successful if it accomplishes its stated objectives to the mutual satisfaction of the sponsoring company and the customer. Either the customer or company can declare the project a failure.

Project management is the process of planning, directing, evaluating, implementing and closing a project. There are four major areas that project management is concerned about. They are: Cost Schedule The Customer Quality

Is the systematic process of investigating the cause or nature of a problem in a project? This is accomplished by using a predetermined set of methods, procedures or standards. Although diagnostics can be done using automated means, it is NOT a requirement.  

We know why projects fail. We know how to prevent their failure. So why do they still fail? Martin CobbTreasury Board of CanadaSecretariat  Ottawa, Canada