The Sure Step season seems to have started in its fullest for me – it is the second time this year already that I’m delivering the Sure Step course, this time in Copenhagen, Denmark, and I must say that I truly enjoy it.
Anyway, while discussing the Fit Gap and Solution Blueprint decision accelerator...
I’ve seen a few projects where customers said they didn’t need contingency, because they decided to adjust the budget as changes happen.
How does this sound to you?
To me, this sounds pretty bad, because there is an important distinction between adjusting the budget based on change requests and consuming...
If projects were completely predictable, there would be no need for risk management. Everything could be planned and executed according to plan. However, we know better. Unexpected things happen, disrupt the original plans and cause time and cost overruns. In IT projects, these overruns are far too common...
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Navigate Into Success
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Navigate Into Success
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Apr 30, 2009
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Filed under: Project management, Risk, Risk management, Quality, Budget, Contingency, Reserve, Impact, Exposure, Probability
Last week I participated in a discussion about budgets and whether you should ask your potential customers their budget. It made me think: how often do customers reveal their project budgets before the consultants bid?
From my personal experience—not too often. What a waste! Of time, money, and opportunity...