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Project Management Blog
Monday, 02 April 2007 08:43

Avoiding Hindsight Management

Growing up in rural western New York we had cold, long winters.  Natural gas wasn’t cheap even then.  With 4 sons and a chain saw, my dad would cut enough firewood to heat a big, four-bedroom, 2-story home from October to April. 
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Saturday, 27 January 2007 17:05

Project Risk Management

Risk Management is the process of measuring, or assessing risk and then developing strategies to manage the risk. In general, the strategies employed include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk. The Risk Management Plan (RMP) is the document prepared by a Project manager to foresee risks, to estimate the effectiveness and to mitigate them.

 

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