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Getting Results from Software Development Teams by Lawrence J. Peters and Lawrence Peters

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Risk Management

In Chapter 2 I quote Mike Deutsch, who states that nearly every aspect of software project management involves some form of risk management. That said, I have found that the most effective means of managing risk is by using a combination of strategic (that is, planning to avoid risk) and tactical (that is, preparing to take remedial action if adverse events occur) methods. Strategic planning addresses what we can foresee, whereas tactical planning enables us to address what we can’t foresee.

The Software Engineering Institute defines risk as "the possibility of suffering loss." A considerable amount of information on risk has been published in recent years, with more resources likely in the future. If we look at the risks involved ...

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