Chapter 5

Things rarely turn out as expected

Despite our best efforts, there will always be surprises. This chapter talks about minimising the number and effect of surprises.

Questions

 

True or false?

  1. It’s okay to hide contingency in a plan if that’s the only way you can ensure it stays in.
  2. Risks are threats to your project or venture. In assessing a particular risk, one of the main factors to consider is the likelihood of the risk happening.
  3. In assessing a particular risk, one of the main factors to consider is the impact that risk will have if it should happen.

The rule

‘Life is full of surprises.’ There perhaps isn’t a week goes by that we don’t find ourselves either saying this or being reminded of how true it is. In a sense, a lot ...

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