My group are working on our thesis project. Well, what is the risk behind this project.
Construction projects have to be performed in complex dynamic environments
that are often characterized by uncertainty and risk.
so this are the common risk of my group in creating 3D movie....
Gold Plating
We are creating some scene that are not connectef to the movie.
Insufficient schedule reserve
with cost and duration values being random variables, schedule
and cost "margin" is needed. How much margin needs to be determined by some analytical
means. Guessing and using some standard ( 10 days per month) usually is wrong. Knowing
where to put the margin is the next step.
Inadequate or incorrect resource planning
the notion that people will sort out the sequencing of the work for themselves is nonsense. A resource assignment plan at some level of granularity is needed.
Poor or unrealistic activity duration estimates
the "art" of estimating is largely overrated. Using probabilistic estimating techniques where the upper and lower bounds of the cost or duration is the starting point. With these estimates, classified is a geometric expansion series, the sensitivity of the cost and schedule model can be exposed. The traditional estimating process of asking for "high" and "low" estimates has been to shown to be seriously flawed.
Poor performance
late starts mean late finishes. No completing on time – as planned – simply pushes all the work to the right. The developers (or any project content provider) MUST start on time in order to finish on time. Late finishes usually mean late starts for the next collection of tasks. You can't make this up by working harder. That just spends more money.
Unrealistic schedule baseline
if the schedule is not credible to begin with, it never gets better
Uncertainty in work scope (e.g. new design, advanced technology, new processes)
adding more variance to the schedule cannot improve its credibility.
Inexperienced project management
nothing succeeds like success. You’ve got to start somewhere, so start as a deputy to a good project or program manager and learn the ropes from her success.
Construction projects have to be performed in complex dynamic environments
that are often characterized by uncertainty and risk.
so this are the common risk of my group in creating 3D movie....
Gold Plating
We are creating some scene that are not connectef to the movie.
Insufficient schedule reserve
with cost and duration values being random variables, schedule
and cost "margin" is needed. How much margin needs to be determined by some analytical
means. Guessing and using some standard ( 10 days per month) usually is wrong. Knowing
where to put the margin is the next step.
Inadequate or incorrect resource planning
the notion that people will sort out the sequencing of the work for themselves is nonsense. A resource assignment plan at some level of granularity is needed.
Poor or unrealistic activity duration estimates
the "art" of estimating is largely overrated. Using probabilistic estimating techniques where the upper and lower bounds of the cost or duration is the starting point. With these estimates, classified is a geometric expansion series, the sensitivity of the cost and schedule model can be exposed. The traditional estimating process of asking for "high" and "low" estimates has been to shown to be seriously flawed.
Poor performance
late starts mean late finishes. No completing on time – as planned – simply pushes all the work to the right. The developers (or any project content provider) MUST start on time in order to finish on time. Late finishes usually mean late starts for the next collection of tasks. You can't make this up by working harder. That just spends more money.
Unrealistic schedule baseline
if the schedule is not credible to begin with, it never gets better
Uncertainty in work scope (e.g. new design, advanced technology, new processes)
adding more variance to the schedule cannot improve its credibility.
Inexperienced project management
nothing succeeds like success. You’ve got to start somewhere, so start as a deputy to a good project or program manager and learn the ropes from her success.
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