Prompt list vs. creative techniques: how do you balance recycling known-unknowns and uncovering the unknown-unknowns?

Estimating Risk Management Work Breakdown Structures (WBS)

Eric Harter Estimating & Risk Management Team Manager| Siemens Energy - Field Service North America Oviedo, Fl, United States

No one likes a risk database like a busy PM yet, by their very nature every project is unique (at least in some aspect!) How does your team capitalize on risk data without being stifled by it?

Posted: Jun 29, 2016 12:44 PM

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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada

Jul 20, 2016 1:50 PM

Replying to Sergio Luis Conte

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We use 25% for off shore projects and 15% for non-offshore projects. But before to use it we make an intensive analysis to avoid unknown-unknowns searchig for any type of information. The source is passed similar projects and the internet.

The contingency reserve should be set based on the quantitative analysis results.

Posted: Jul 20, 2016 2:05 PM

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Prompt list vs. creative techniques: how do you balance recycling known-unknowns and uncovering the unknown-unknowns?

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