IT Risk Management Through Process, Estimation and Measurement

I had the privilege of presenting “IT Risk Management Through Process, Estimation and Measurement” at the Manila ITMPI conference on the topic of IT risk management.  There was a large, savvy audience, eager to further explore this topic.  As we have seen in other countries, many don’t look at estimation, planning, measurement, and control as critical processes.  Those organizations often have less than successful projects, late, over cost, and with missing functionality.  Conversely, those organizations that do spent mind-share on these critical planning and management functions perform much better.  Of course not all their projects are successful, but many more are, and they know when things are turning for the worse and can fix them sooner.  The three key points of the presentation were.

  1. Critical IT Systems present significant risks to organizations
  2. IT estimating processes are core to reducing risk
  3. IT estimation & metrics can help mitigate risk & empower program managers to be successful

PS:  I also got a little R&R in, scuba diving about 100 kilometers outside Manila.  Beautiful diving and very unusual dive boats… This is the exact style, but not the actual boat we dove from.

Thank you for reading “Dan on Estimating”, if you would like more information about Galorath’s estimation models, please visit our contact page, call us at +1 310 414-3222 or click a button below to ask sales questions, sign up for our free library or schedule a demo.

Comments

2 Responses to “IT Risk Management Through Process, Estimation and Measurement”

  1. Mohan Radhakrishnan on May 3rd, 2012 1:25 am

    I have been reading recently about topics like EVM etc. that are not popular in organizations I work for. So blogs like yours are like a whiff of fresh air even though these ideas may be older.
    Even though I am a tech. arch. I am compelled to read about these topics because our PM’s don’t.

    There are several references in your blog.
    Is this a good book recommendation ?

    Probability Methods for Cost Uncertainty Analysis : A Systems Engineering Perspective

    Thanks

  2. galorath on May 3rd, 2012 6:12 am

    Yes Probability Methods for Cost Uncertainty Analysis : A Systems Engineering Perspective is a comprehensive book written by a friend of mine, Paul Garvey. It is very mathematical.

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