Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 31, 2015 12:40 PM
Replying to Steven Zachary
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Such a good question Rami. I've never seen it used....PROPERLY. I get the theory behind it. I've seen it used to cover poor planning and it's always always used improperly in my humble experience.
Exactly, this is why I rasied the question. I need to get some practical feedback and exmaples.
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1 reply by Steven Zachary
Dec 31, 2015 2:35 PM
Steven Zachary
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Interesting. Care to share why you are collecting practical examples?
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Gina AbudiPresident| Abudi Consulting LLCAmherst, Nh, United States
I have used management reserve in cases where the technology that was part of the project was so new we had no idea on all the risks that would be involved nor resources needed and couldn't fully plan out the budget needs. In another situation, we held a reserve for risk management that would only be used if a particular risk came to fruition.
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2 replies by Rami Kaibni and Steven Zachary
Dec 31, 2015 1:35 PM
Rami Kaibni
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Well, new technology and its associated risk is a good example Gina. Thanks a lot.
Dec 31, 2015 2:34 PM
Steven Zachary
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Thanks for the example Gina. I like the implication "use only if a certain scenario occurs". As long as that is enforced, great!
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 31, 2015 1:26 PM
Replying to Gina Abudi
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I have used management reserve in cases where the technology that was part of the project was so new we had no idea on all the risks that would be involved nor resources needed and couldn't fully plan out the budget needs. In another situation, we held a reserve for risk management that would only be used if a particular risk came to fruition.
Well, new technology and its associated risk is a good example Gina. Thanks a lot. Saving Changes...
Product Operations Program ManagerBarcelona, Cataluña, Spain
Dec 31, 2015 11:52 AM
Replying to Rami Kaibni
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Great Input Eduard, thanks a lot. Can you be more specific about the type of unknown risk which occured and forced you to use the MGT Reserve ?
Hi Rami.
The team pull together a URS (User Requirement Specification) for a high speed assembly line, according to the customer's product specification. The product was a plastic dispenser, with a membrane on the tip of the nozzle. The specifications failed to mention that the membrane needed to be cut on a certain manner in order to provide functionality. Adding this feature to the machinery added cost and time - the money needed came out of management reserve.
This is what I meant by poor requirements collection - based on the information provided by the customer, a slit on the membrane was not needed.
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2 replies by Rami Kaibni and Steven Zachary
Dec 31, 2015 2:21 PM
Rami Kaibni
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This is a very interesting example. Thanks a lot Eduard for your valuable input.
Can I ask you what was the root cause behind missing that in the specs. Is it poor planning ?
Dec 31, 2015 2:36 PM
Steven Zachary
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Hi Eduard,
Interesting indeed. I've heard of user requirements, but never a user requirement specification. Can you enlighten me about that? Is it similar to a BRD at a lower level?
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Dec 31, 2015 1:38 PM
Replying to Eduard Hernandez
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Hi Rami.
The team pull together a URS (User Requirement Specification) for a high speed assembly line, according to the customer's product specification. The product was a plastic dispenser, with a membrane on the tip of the nozzle. The specifications failed to mention that the membrane needed to be cut on a certain manner in order to provide functionality. Adding this feature to the machinery added cost and time - the money needed came out of management reserve.
This is what I meant by poor requirements collection - based on the information provided by the customer, a slit on the membrane was not needed.
This is a very interesting example. Thanks a lot Eduard for your valuable input.
Can I ask you what was the root cause behind missing that in the specs. Is it poor planning ?
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1 reply by Eduard Hernandez
Dec 31, 2015 3:02 PM
Eduard Hernandez
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Well, neither the specs nor the drawing mentioned or showed the membrane slit. Who takes the blame? This always depends on who asks :-)
Happy New Year 2016 to everyone!
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Steven ZacharyDirector| Alberta Health ServicesCalgary, Alberta, Canada
Dec 31, 2015 1:26 PM
Replying to Gina Abudi
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I have used management reserve in cases where the technology that was part of the project was so new we had no idea on all the risks that would be involved nor resources needed and couldn't fully plan out the budget needs. In another situation, we held a reserve for risk management that would only be used if a particular risk came to fruition.
Thanks for the example Gina. I like the implication "use only if a certain scenario occurs". As long as that is enforced, great! Saving Changes...
Steven ZacharyDirector| Alberta Health ServicesCalgary, Alberta, Canada
Dec 31, 2015 1:24 PM
Replying to Rami Kaibni
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Exactly, this is why I rasied the question. I need to get some practical feedback and exmaples.
Interesting. Care to share why you are collecting practical examples?
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1 reply by Rami Kaibni
Dec 31, 2015 3:46 PM
Rami Kaibni
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To learn and elighten my knowledge from others professional experience. I value everyone's input. Do you meed a stronger reason ? :D
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Steven ZacharyDirector| Alberta Health ServicesCalgary, Alberta, Canada
Dec 31, 2015 1:38 PM
Replying to Eduard Hernandez
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Hi Rami.
The team pull together a URS (User Requirement Specification) for a high speed assembly line, according to the customer's product specification. The product was a plastic dispenser, with a membrane on the tip of the nozzle. The specifications failed to mention that the membrane needed to be cut on a certain manner in order to provide functionality. Adding this feature to the machinery added cost and time - the money needed came out of management reserve.
This is what I meant by poor requirements collection - based on the information provided by the customer, a slit on the membrane was not needed.
Hi Eduard,
Interesting indeed. I've heard of user requirements, but never a user requirement specification. Can you enlighten me about that? Is it similar to a BRD at a lower level? Saving Changes...
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