February 2011
Beginner
261 pages
3h 14m
English
Content preview from What You Need to Know about Project ManagementBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 4. MANAGING RISK
WHAT IT'S ALL ABOUT
What contingency is and how to use it
What risk analysis is
The way to assess a project in five minutes
How to use the Probability of Success Indicator (PSI)
CONTINGENCY AND RISK ANALYSIS
As mentioned in the previous section you're going to have to toughen up your plan to get it ready to go out into the world. You're going to do that using two related, but different techniques – a belt and braces approach.
The first one, contingency, is a blunt instrument. Its view of the world is that of the Project Manager's Prayer mentioned in Chapter 1. Here it is again:
'Unexpected stuff happens on projects.
Most of it is bad unexpected stuff.
Sometimes I get a lucky break,
But mostly, it is bad unexpected stuff.
For this ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.