- Requirements (high level)
(see embedded excel list in the map)
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Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Given that assumption are low-severity risks, should we treat them as such and capture risk-associated elements such as contingency and fallback?
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1 reply by Markus Kopko
Jan 02, 2017 6:52 AM
Markus Kopko
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Hi Stephane,
a happy new year for you and thanks again for your contribution on our MP4PM initiative!
Regarding your posting i would respond that we have an additional section for "risk assessment" in the SOW map (somewhat similar to the business analysis map")also.
Assuming s related to already identified risk can be linked within the map (i will demonstrate that in the related upcoming webinar).
Since not every assuming is necessarily also a risk there should be still a separate section for assuming s, i guess.
What do you think?
Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
Dec 23, 2016 8:18 AM
Replying to Stéphane Parent
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Given that assumption are low-severity risks, should we treat them as such and capture risk-associated elements such as contingency and fallback?
Hi Stephane,
a happy new year for you and thanks again for your contribution on our MP4PM initiative!
Regarding your posting i would respond that we have an additional section for "risk assessment" in the SOW map (somewhat similar to the business analysis map")also.
Assuming s related to already identified risk can be linked within the map (i will demonstrate that in the related upcoming webinar).
Since not every assuming is necessarily also a risk there should be still a separate section for assuming s, i guess.
What do you think? Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
Each assumption carries a risk (possibility) of being false.If it cannot be false, it should be a constraint, not an assumption.
Since assumptions are low risks, we would probably not deal with them on the risk register. They would normally be put on a watch list, instead.
I think it would be appropriate to designate a due diligence effort that would include review of assumptions, thus removing, or at least reducing, the need for contingency or fallback planning.
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1 reply by Markus Kopko
Jan 05, 2017 5:45 AM
Markus Kopko
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Hi Stephane,
got it, thanks.
The PMBoK Guide 6th edition will introduce the "assumption log" as an seperate output in the "develop project charter" process.
I guess this log is something similar like the "watch list" mentioned above, right?
The version of the map/MP4PM which will be aligned to the PMBoK Guide 6th Edition will consider this of course.
Actually we do not have this as an specific output/document (in the PMBoK Guide 5th edition) only in a more general way (project logs).
However, assumptions made should be documented in the project charter (at least on a high level) and the SOW is an Input to the charter,.
This is the reason why we have them here as a specific branch (call it the watch list if you want).
Like i understand you now we are not disagreeing here, right?
Otherwise please let me know.
Regards,
Markus
Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
btw:
The first webinar (out of a hopefully huge series) is terminated already; please have a look here:
I hope many of you will opt in to the live webinar.
See you there!
Regards,
Markus
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1 reply by Rami Kaibni
Jan 05, 2017 11:27 AM
Rami Kaibni
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Congratulations Markus - I've already registered and will due my best to attend as the time difference might not allow me to attend but if I did not, I will definitely check it in the on demand webinars. Good Luck and Great Job.
Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
Jan 03, 2017 9:21 AM
Replying to Stéphane Parent
...
Each assumption carries a risk (possibility) of being false.If it cannot be false, it should be a constraint, not an assumption.
Since assumptions are low risks, we would probably not deal with them on the risk register. They would normally be put on a watch list, instead.
I think it would be appropriate to designate a due diligence effort that would include review of assumptions, thus removing, or at least reducing, the need for contingency or fallback planning.
Hi Stephane,
got it, thanks.
The PMBoK Guide 6th edition will introduce the "assumption log" as an seperate output in the "develop project charter" process.
I guess this log is something similar like the "watch list" mentioned above, right?
The version of the map/MP4PM which will be aligned to the PMBoK Guide 6th Edition will consider this of course.
Actually we do not have this as an specific output/document (in the PMBoK Guide 5th edition) only in a more general way (project logs).
However, assumptions made should be documented in the project charter (at least on a high level) and the SOW is an Input to the charter,.
This is the reason why we have them here as a specific branch (call it the watch list if you want).
Like i understand you now we are not disagreeing here, right?
Otherwise please let me know.
Regards,
Markus Saving Changes...
Stéphane ParentSelf Employed / Semi-retired| Leader MakerPrince Edward Island, Canada
I would agree, Markus, that the assumption log acts in a similar fashion as the low-severity risks watch list.(I usually make an assumption that low-severity risks won't happen.)
I suspect that they probably have different attributes that are tracked but these should overlap. (Assumptions tend to not be treated with the same rigour as risks, even low-severity risks.)
I hope many of you will opt in to the live webinar.
See you there!
Regards,
Markus
Congratulations Markus - I've already registered and will due my best to attend as the time difference might not allow me to attend but if I did not, I will definitely check it in the on demand webinars. Good Luck and Great Job.
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1 reply by Markus Kopko
Jan 06, 2017 8:27 AM
Markus Kopko
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Thank you Rami,
i am glad to have you in the audience.
Well, i guess many people outside Europe will have this time issue, cause i have to do it in the afternoon CET.
Nevertheless i heard this morning that we have already about 200 registrations and the newsletter announcement wasn't even released yet. That sounds really good and i am already excited and also a bit nervous too. ;)
Regards,
Markus
Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
Jan 05, 2017 7:28 AM
Replying to Stéphane Parent
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I would agree, Markus, that the assumption log acts in a similar fashion as the low-severity risks watch list.(I usually make an assumption that low-severity risks won't happen.)
I suspect that they probably have different attributes that are tracked but these should overlap. (Assumptions tend to not be treated with the same rigour as risks, even low-severity risks.)
100% agreed, Stephane ... thanks again Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
Jan 05, 2017 11:27 AM
Replying to Rami Kaibni
...
Congratulations Markus - I've already registered and will due my best to attend as the time difference might not allow me to attend but if I did not, I will definitely check it in the on demand webinars. Good Luck and Great Job.
Thank you Rami,
i am glad to have you in the audience.
Well, i guess many people outside Europe will have this time issue, cause i have to do it in the afternoon CET.
Nevertheless i heard this morning that we have already about 200 registrations and the newsletter announcement wasn't even released yet. That sounds really good and i am already excited and also a bit nervous too. ;)
Regards,
Markus
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1 reply by Rami Kaibni
Jan 06, 2017 11:15 AM
Rami Kaibni
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This is good news. Good Luck Markus - You will do great :-)
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
Jan 06, 2017 8:27 AM
Replying to Markus Kopko
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Thank you Rami,
i am glad to have you in the audience.
Well, i guess many people outside Europe will have this time issue, cause i have to do it in the afternoon CET.
Nevertheless i heard this morning that we have already about 200 registrations and the newsletter announcement wasn't even released yet. That sounds really good and i am already excited and also a bit nervous too. ;)
Regards,
Markus
This is good news. Good Luck Markus - You will do great :-) Saving Changes...
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