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project risk

3 articles
project risk

The Butterfly Effect and How It Will Impact Your Project

Previously, we have discussed how schedule pressure and various schedule compression techniques may manifest themselves unpredictably and with adverse effect on the project. When pondering this correlation it might be comforting to recall the age old adage of, “haste makes waste”; my grandfather wou

8 Nov 2016 · Michael Bensussen · 2 min read

project risk

Distributed -v- Consolidated Contingencies

Distributed contingencies are normal in most aspects of project management but often result in sub-optimal use of resources. Typical examples include allowing some safety margin in each CPM duration estimate (eg, setting the durations at an 80% probability), allowing contingencies on a project by pr

6 Jan 2013 · Patrick Weaver · 2 min read