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...
Posted to
Navigate Into Success
by
Navigate Into Success
on
Apr 30, 2009
Filed under:
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...