My latest article for AITS was published today: Complexity, Profitability, and Risk Management.
There is generally a strong correlation between risk and reward, and complexity tends to drive risk. Consequently, project managers often find themselves with endeavors that push the boundaries of their organizations’ ability to deliver. While Agile methods have been shown to help deal with ambiguity, they aren’t a cure-all for complex problems. A rigorous approach to risk management, from early identification and assessment to aggressive development of containment strategies, is the key to realizing those rewards.
As always, thanks for taking the time to read my stuff.