Tag Archives: Canadian political setting

Risk-based Management: Data Maturity, Integration, Risk and Execution

The overall execution plan loses substance when important pieces are missing. It can also lose its essence when many smaller project elements are absent, through their cumulative effect.

Data maturity is a project attribute project managers have to deal with in some intelligent way. They seek to formulate a way to address missing and incomplete information and to strike a balance somehow. It is very risky trying to integrate a project with missing or incomplete work scope. Filling in an information space with assumed fill-in data is a risky trade-off.

Quality is frequently a victim of time. Think about it. Try doing anything quicker than normal. What will happen to the quality of any endeavor compared to one given enough time? Right you are! We will see resources skipping steps, doing shortcuts, circumventing rules, violating regulations, lying, cheating, sugarcoating, and many others. The adverse consequences, to name a few includes reworks, higher safety incidents, project suspension, strikes, disputes, litigation, lay-offs, and bunches of other bad news. All these will potentially happen because quality has deteriorated. Continue reading

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Posted in Analysis, Business, Construction Management, Data Assessment, Data Maturity, Economics, Execution Strategy, Information Maturity, Integration, Planning and Scheduling, Project Management, Quality Management, Risk-based Management, rufran frago, Rufran's Blogs, Threats | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The Ant and the Grasshopper: Modern Version of Aesop’s Fable

So, I ask all of you gently to open your eyes and expand your mind when exercising your precious electorate right. Always remember this: There are many people in the world who do not have the democratic privilege of deciding who run their nation. Make sure you vote! Make sure it counts! Continue reading

Posted in Canadian Politics, Causes and effects, Fable and Stories, Opportunities, Risk-based Management | Tagged , , , , , , , | Leave a comment