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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Monitoring the project’s finances and cost throughout the project lifecycle is a key responsibility. Project stakeholders are particularly sensitive to cost and potential overruns, especially is the project’s results impact their budget. Here is a list of common project cost risks.

Risk 330
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Compendium of Works to Increase Probability of Project Success

Herding Cats

Cost, Schedule, and Technical Performance Management (#CSTPM). Governance (#Governance). Six Business System Rule - defines the assessment of the integrated business systems for Federal procurement and their integrity in providing information to the Government contracting office. . Product Development (#ProdDev).

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Misunderstanding Making Decisions in the Presence of Uncertainty

Herding Cats

Information about key project cost, performance, and schedule attributes is often uncertain or unknown until late in the program. Analyse Changing Risk of Organizational Factors in Agile Project Management,” Shi Tong, Chen Jianbin, and Fang DeYing, The 1st International Conference on Information Science and Engineering (ICISE2009). “An

2003 46
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Black Swans

Herding Cats

Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development.

2002 34
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Microeconomics and Risk Management in Decision Making for Software Development

Herding Cats

A recent survey of 600 firms indicated that 35% of them had at least one "runaway' software project. Research clearly shows the root causes of most software projects cost and schedule overruns and technical shortfalls comes from poor risk management. Flyvbjerg, B., 3, August 2006, pp. Galway, L. and Rechtin, E., DePasquale, D.

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Black Swans

Herding Cats

Here's a book review from 2008, about Black Swans and Fooled By Randomness in the context of managing software development in the presence of uncertainty. This advocate continually confuses Macroeconomics of financial markets and sovereign finance with Microeconomics of software development.

2002 28
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Software Estimating Resources

Herding Cats

What the Data Say About IT project Risk in the Public Sector,” Alexander Budzier and Bent Flyvbjerg, in Commonwealth Governance Handbook, 2012/2013: Democracy, development, and Public Administration, Commonwealth Secretariat, December 2012. 11, November 2008. Evaluating Project Decisions,” INTAVER Institute. June 2015.