Sat, 20 Jul 2019 17:40:00 GMT Risk & Reward https://www.ProjectManagement.com/blogs/479402/Risk---Reward I'm a risk enthusiast who likes to discuss techniques, tools and models-and use risk as a practical means to make better decisions in project environments. Join me on the ride! (mis)Understanding Contingency https://www.ProjectManagement.com/blog-post/51439/-mis-Understanding-Contingency Fri, 08 Feb 2019 16:26:24 GMT   Level of Safey required       # of projects 50% 60% 70% 80% 90% 95% 1 100,0 105,1 110,5 116,8 125,6 132,9 2 100,0 103,6 107,5 111,9 118,1 123,3 ... Monty Hall for Projects: To Switch or Not to Switch? https://www.ProjectManagement.com/blog-post/51084/Monty-Hall-for-Projects--To-Switch-or-Not-to-Switch- Tue, 29 Jan 2019 16:01:30 GMT I was wondering about the internet and I found yet another discussion about the Monty Hall problem. For those who are not following, a quick recap. There is a game show where you can choose between three doors. One has a prize, the others do not. After you make your choice, the host opens a door (wi... 10 Wishes for your Project Risk Management adventures in 2019! https://www.ProjectManagement.com/blog-post/50270/10-Wishes-for-your-Project-Risk-Management-adventures-in-2019- Wed, 02 Jan 2019 14:21:23 GMT Hello, and happy new year, everybody! It's time for new beginnings and, of course, wishes! I made a list for 2019, with what I wish for you this year, regarding project risk management: Communicate through risk: It is a great way to bridge gaps in communication and to expose points where peopl... The Curse of the Moving Mountain https://www.ProjectManagement.com/blog-post/48335/The-Curse-of-the-Moving-Mountain Mon, 05 Nov 2018 17:37:55 GMT When we undertake risk analyses, we are subject to our curses and nightmares. I would like to highlight one of them: the moving steep mountain! In general, our projects (at least the ones I've been working on) have some characteristics: They are challenging on cost and schedule (and that's oka... A Template for Setting Up Your Qualitative Risk Analyses https://www.ProjectManagement.com/blog-post/46931/A-Template-for-Setting-Up-Your-Qualitative-Risk-Analyses Mon, 01 Oct 2018 17:03:02 GMT Hey everybody! just posting to let you know my first template upload is available on Projectmanagement.com. It is located here and it is a tool intended for us to conceive a risk register and structure a probability scale, an impact scale and an overall qualitative mapping. Begin by stablishin... Preparing for a Schedule Risk Analysis https://www.ProjectManagement.com/blog-post/46511/Preparing-for-a-Schedule-Risk-Analysis Tue, 18 Sep 2018 19:19:46 GMT Recently I posted a poll right here in projectmanagement.com (here) concerning how you prepare a schedule to undertake a schedule risks analysis. My idea was to understand how you out there see the question of getting a schedule ready for the simulation exercise. I gave you five possible answers:... The GIGO factor https://www.ProjectManagement.com/blog-post/45588/The-GIGO-factor Wed, 22 Aug 2018 20:11:52 GMT Normal 0 21 false false false PT-BR JA X-NONE Hello again! Today I am covering what I think is a top five threat in a Schedule Risk Analysis or any simulation / numerical exercise: the destructive pow... Reward and Risk - why not? https://www.ProjectManagement.com/blog-post/45113/Reward-and-Risk---why-not- Wed, 08 Aug 2018 13:38:05 GMT Is that expression common for you? Have you ever heard it like that? I have not and I guess you haven't either. Risk is seen as a negative matter, as a downside, as a hurdle, as a problem to be dealt with. Let us look this question a little closer on this post. We are constantly warned of the... First Things First https://www.ProjectManagement.com/blog-post/44761/First-Things-First Tue, 31 Jul 2018 15:52:21 GMT Hi everybody! This is my first post, so I think I should introduce myself and some of the topics I’d like to discuss in this blog. My name is Guilherme Calôba and I am from Rio de Janeiro, Brazil. I am an Industrial Engineer, a multi-purpose kind of professional that, as we say in Brazil...