Risk, High Risk, and Gambling
For purposes of rapid development, some projects are risks, some are high risks, and some are gambles. It's hard to find a software project that doesn't involve some risk, and projects that are merely "risks" are the kind best-suited to achieving maximum development speed. They allow you to move in an efficient, straight line from the beginning of the project to the end. Fast development, while not necessarily easy to achieve, is well within the grasp of the person who understands the strategies and practices described in this book.
It is not only the magnitude of the risk that we need to be able to appraise in entrepreneurial decisions. It is above all the character of the risk. Is it, for instance, the kind of ... |
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