Monday, June 24, 2002

Softer Side of Risk. I find much comfort in quantitative methods because numbers are unambiguous. However, numbers alone only tell part of the story. Experience is a good teacher and it is from experience that we grow as professionals. Coping With IS/IT Risk Management This is probably one of the most unique books on IT project risk management in that it doesn't go into the process and techniques of risk management, but in the common risks and how to deal with them.

Don't expect qualitative or quantitative risk assessment methods, or even a risk management process that is almost an obligatory part of most project management books. Do expect the collective wisdom of real people who were interviewed, and their recommendations for dealing with the real risks.

These risks range from misaligned or unwarranted expectations to slippery requirements. If you've managed an IT project many of the risks will be familiar. How the PMs who were interviewed handled them will be illuminating.

Aside from the fact that this is a highly readable book that is packed with wisdom and advice, the appendices also add a considerable value. Appendix 1 cross references the risks (constructs) by theme making it easy to quickly find the solution to a particular issue. Appendix 2 gives 5 hypothetical project profiles that reinforce the information in the body of the book, and Appendix 3 is a collection of strategies from the body of the book.

Regardless of whether you are preparing to manage your first project or are seasoned and battle-scared, this book provides knowledge and advice that you can use.

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