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The Project Management Tool Kit: 100 Tips and Techniques for Getting the Job Done Right by Tom Kendrick

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Recovery

When risk prevention is impossible or not cost effective, plan for response. Responses are either determined in advance (contingency planning) or coincident with the risk event (passive acceptance).

For most significant risks you cannot prevent, prepare contingency plans. Use your project plan development process to create a plan for recovering from each risk. Ideas include:

  • General: Using schedule or resource reserve, negotiating project changes

  • Schedule: Postponing noncritical activities, shifting staff, rescheduling work

  • Resources: Using overtime, outsourcing, getting staff from lower priority projects

  • Scope: Relaxing some specifications, reprioritizing features

For each contingency plan, identify triggers and owners. Assign an owner ...

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