Foreword to the Third Edition
Newspapers and websites are full of stories about projects that are over time, over budget, and not delivering the scope that was promised. In addition, there are many projects, small and large, that never make the headlines but also suffer from time and cost overruns. We know that the environment in which we execute our projects is full of uncertainties and risks. But apparently we fail to account for the effects of risks that affect our projects, and we keep making promises that cannot be kept.
When studying this a bit deeper, it turns out that there are several reasons for not delivering on our project promises. First, we do not make a clear distinction between uncertainties and risks, where uncertainties are ...
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