Interesting post in a blog I follow called Herding Cats: Risk Management in Five Easy Pieces. The five pieced are:
- Hope is not a strategy
- All point estimates are wrong
- Without integrating Cost, Schedule and Technical Performance you’re driving in the rear view mirror
- Without a model for risk management, you’re driving in the dark with the headlights turn off
- Risk Communication is everything
Read the whole article for more info: I do love point 1 and 5 above all!