Contents of Contingency & Risk Analysis - The Pillars of Project Success #4

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Contingency & Risk Analysis - The Pillars of Project Success #4

What's this Guide about?

Project Management is about predicting the future and then making that prediction come true. None of us can make these predictions with 100% accuracy, and yet our stakeholders expect our predictions to be 100% accurate. How can we bridge the gap between the inaccuracy of the predictions and the accuracy expected by the stakeholders?

The answer is by doing two things. One is to put contingency in our plan and the other is to do risk analysis.

How is the Guide structured?

Section 1 of the Guide talks about putting contingency in the plan.
Section 2 describes how to do risk analysis

This Guide makes reference to the previous Guide - #5 on Change Control.

Table of Contents

• Introduction
• What's this Guide about?
• How is the Guide structured?
  1. Contingency
  2. Risk Analysis

What you get:

• This Guide tells you how to put contingency in your plan and how to do risk analysis. Without these two things the likelihood of the project succeeding is severely diminished