There are times when the project manager will be subjected to the long list of potential risks brought to them by their team. Handling these issues rather than summarily dismissing the item being brought to their attention as input from a hypercritical or doom-centric team member is important for project success and team morale. If […]
We perform risk audits on projects to ascertain whether we are deviating from the desired budget, schedule, and quality levels we specified at the start of the project. At the 50,000 foot level, risk auditing looks like the following: Define the problem Choose an audit team leader Choose an audit team or let the leader […]
A contingency in project management is a reaction plan to an untoward event; in short, we plan ahead for the failure of a given task. In order for a trigger to “fire,” we must set a threshold value that activates the trigger; otherwise, the trigger should never fire. Thresholds can be set based on financial, […]
Risks need to be assessed in regard to their business impacts, so that business decisions can be made promptly. Strategies should be built and decided based on the quantitative value of the risk. Managers must decide on whether to spend $500,000 to avoid a delay in a project. How long that delay is impacts the […]
Experience suggests risk management happens after we have already encountered numerous and severe risks. We can see engineers bringing “risks” to the project manager when we are already witnessing the symptoms and the impact to the project is inevitable. To be relevant, risk management has to occur when there is time to plan actions that […]
A qualitative analysis will generally involve a subjective level of assessment. The classic Kastle-Meyer test uses phenolphthalein to check for blood—it is quick and cheap and eliminating expensive and specious DNA testing save times and money. Quantitative analysis, as the name implies, uses measurements to assess the topic of concern. Both have their place in […]
Risk management is often considered a project management function, but that is not necessarily so. For any sort of endeavor we will be well served if we have some consideration of risk and the management. For example, our previous blog posts discussed configuration management. We saw how a wayward configuration management (or lack of configuration […]
Another piece of the configuration management pie is the ability to move backward and forward from revision to revision. To demonstrate the importance of this concept I will relate a story. There once was a developer who was writing in assembly language for a new product. He was incrementally developing the features for the product […]
Configuration control is generally, what first comes to mind when somebody brings up the topic of configuration management (CM). While it lies at the heart of the system, all the components of a CM system are critical. The purpose of this component is to: Maintain and control configuration baselines (known and defined states) Document and […]
Once we are using a configuration management (CM) system, how do we ascertain the status of our engineering change? Configuration status accounting (CSA) is the method by which we accomplish this record tracking. We can get software support by using a dedicated tool or implementing a dedicated database that tracks what we want tracked: Approved/rejected […]