They will discover the principles of project schedule risk analysis based on Monte Carlo simulation, beginning with 3-point estimates of duration and simple one-path schedules and progressing to more advanced techniques (e.g., correlation and probabilistic branching). We will also touch on the issues and techniques for collecting high-quality quantitative schedule risk analysis data
How do I identify risks for my project schedule?
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Identifying the root causes of project schedule and cost risk requires that the risk to the project schedule is clearly and directly driven by identified and quantified risks
Agile teams are asked to be agile, flexible, and adaptive, but then are told to conform to planned scope, schedule, and cost goals. They are asked to adapt, but inside a very small box. If we are to scale agility to large projects and bring agile values to organizations, then we must change performance measures. To mirror the Agile Manifesto, it's not that scope, schedule, and cost are unimportant, but that value and quality are more important. This talk explores the necessity for and the rationale behind moving to this new set of agile performance measures
A consistent risk analysis and management process will mitigate the effect of human cognitive biases. Project risk analysis can be complex, but this webinar focuses on few simple techniques that will help demystify project risk analysis.