Posts Tagged with "risk"

#17: Take a portfolio-based approach to risk.

As with shares on a financial market, projects carry compensatory risk is proportion to their value. The greater value — or reward — a successful project would deliver to an organisation, the greater the risk of failure; the easy yet valuable projects are likely to have been already completed.Read more →

#17a: To reduce risk, aim for small, single-purpose teams.

From consideration of a portfolio-based approach to managing organisational risk and of the efficacy of single-purpose teams, it follows that a company should prefer to comprise many smaller teams — each managing a single project — over few, larger project teams.Read more →

Reference #172: Peopleware

Valuable projects, by definition, have risk. Low risk yet valuable projects were likely to have been all completed in the past.Read more →