Advisor

Qualifications on Quantification -- Is Risk by the Numbers All It's Cracked Up to Be?

Posted September 13, 2007 | Leadership | Leadership |

A client recently solicited my help to run an extensive set of Monte Carlo analyses on their projects. It seemed a compelling prospect at first, but as I examined the opportunity more closely, I instead offered it to a peer, seeing it as definitely more of a numbers-crunching exercise, rather than an examination of overall risks in their program.

About The Author
Carl Pritchard
Carl Pritchard is a project management thought leader and a lead chapter author for the Guide to the Project Management Body of Knowledge, 4th edition. Mr. Pritchard is US correspondent for the British project management magazine Project Manager Today and an internationally recognized lecturer and author, with five books to his credit, including Risk Management: Concepts & Guidance. He co-produced The Portable PMP Prep, a 9-CD audio training… Read More
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