Models are not new, and neither models in the employ of product development. Product development has always had some basis in discovery and always will. If everything had such a high degree of certainty, likely the product or endeavor has already been done. Developing new things ceaselessly brings questions. To be effective, we want to answer these questions as quickly and as certainly as possible.

Risk Management the Best ‘Fire’ Insurance for Your Project Risk management training day announced by the NC Piedmont Triad Chapter of the Project Management Institute in conjunction with Value Transformation. Greensboro, NC — The NC Piedmont Triad Chapter of the Project Management Institute together with Value Transformation are pleased to announce a risk management training […]

What is severity? We have been spending considerable time on risk in preparation for our up coming Piedmont Triad PMI Risk Management event.  Our last specific risk blog we discussed risk and probability.  That is only a part of the equation.  We are interested in probability, but we also need to know the severity.  Severity […]

Cell phones and Laptops, Tools – or the Distraction to Success Ever think your not getting the most out of your team due to distraction.  The greatest invention perhaps is the smart phone.  Now it is easy to check all of our email accounts, text message our friends, post on Facebook, blurt on Twitter, connect […]

Risk Reduction Via Outsourcing? Perhaps. Many times it seems that companies believe they minimize risks to their project simply by outsourcing. There is a kernel of truth in that approach with a caveat.  Consider the implications on the project if the outsourced work package is not delivered on time or at the right cost and […]

by Kim H. Pries and Jon M. Quigley When you step onto an airplane, you hope it will not crash. You, as a passenger, have no control over what happens during the flight. Statistics indicate flying is relatively safe, which is due to vehicle mechanics, pilot training and competence, flight crew and tower teamwork, and […]

I have to profess before I go too far into this blog, that I am a great fan of book, The Hitchhiker’s Guide to the Galaxy by the great Douglas Adams.  I remember watching this on public television on the olden days, the special effects were not so grand but everything else about the program was […]

A discussion of risk would not be completed without a discussion of probability and severity.  When we are looking at risky event, we are in essence establishing or assessing the probability of some undesired event coming to fruition.  However, even our desired events, for example the completion of a task on the critical path at […]

Check lists are a time honored way of keeping track of breaking down an objective and monitoring progress.  There are a number of benefits to using check lists.  Check lists should not be confused with a Work Breakdown Structure (WBS).  A WBS is a form of a check list of all of the tasks required […]

What are we trying to accomplish with a communications plan?  Effective project management is the efficient achieving of an organization’s objectives.  To do that, we have to keep our project team informed and working toward the target.  That includes our project sponsor and other stakeholders.  Ultimately our plan should be able to quickly answer the […]