Troubleshooting /
Risk Management
Projects will have problems. The skills needed
to handle problems falls into the area of risk
management. Managing risk in advance - during
the planning time - involves:
- Identifying/listing risks, uncertainties,
potential problems, threats
- Risk Quantifying - possible results
- Prioritization - includes using the risk
quadrant which combines likelihood of occurance
with significance of event.
- Action Plans - determining appropriate responses
The saying "an ounce of prevention is
worth a pound of cure" applies to projects
- double! Identifying a potential problem in
the requirements part of the project is much
easier and less expensive to fix than in the
planning part. But finding and correcting during
the planning part is much easier still than
correcting during the execution/buildout/construction
(main) part of the project.
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