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9780566091667

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Hulett's latest book ... describes how one can (and really should) develop risk models that consider both cost and schedule and, more importantly, the interaction between the two. It is to be hoped that Hulett's approach will be adopted, no doubt adapted to suit each individual practitioner, to produce more realistic (let us not say 'accurate') projections of project outcomes - to set more achievable targets and to point towards more effective risk mitigation actions. Philip Rawlings, Director, Euro Log Ltd Why then do so many of us ignore this monumental testament to the success of statistics, modeling and simulation? I ask this because in this book David gives us an effective approach and all the tools we need to improve our cost and schedule estimates, which will increase the chance for success in our projects. Once armed with the tools and techniques necessary we can all improve. We can never know the unknowable ... the future will always be uncertain, but we can surely decrease the cone of uncertainty to a manageable level. Charles Bosler, Chairman of the Risk Management SIG (www.risksig.com) and President of RiskTrak International

Hulett's latest book ... describes how one can (and really should) develop risk models that consider both cost and schedule and, more importantly, the interaction between the two. It is to be hoped that Hulett's approach will be adopted, no doubt adapted to suit each individual practitioner, to produce more realistic (let us not say 'accurate') projections of project outcomes - to set more achievable targets and to point towards more effective risk mitigation actions. Philip Rawlings, Director, Euro Log Ltd Why then do so many of us ignore this monumental testament to the success of statistics, modeling and simulation? I ask this because in this book David gives us an effective approach and all the tools we need to improve our cost and schedule estimates, which will increase the chance for success in our projects. Once armed with the tools and techniques necessary we can all improve. We can never know the ""unknowable"" ... the future will always be uncertain, but we can surely decrease the cone of uncertainty to a manageable level. Charles Bosler, Chairman of the Risk Management SIG (www.risksig.com) and President of RiskTrak International

'Hulett's latest book ...describes how one can (and really should) develop risk models that consider both cost and schedule and, more importantly, the interaction between the two. It is to be hoped that Hulett's approach will be adopted, no doubt adapted to suit each individual practitioner, to produce more realistic (let us not say 'accurate') projections of project outcomes - to set more achievable targets and to point towards more effective risk mitigation actions.' Philip Rawlings, Director, Euro Log Ltd 'Why then do so many of us ignore this monumental testament to the success of statistics, modeling and simulation? I ask this because in this book David gives us an effective approach and all the tools we need to improve our cost and schedule estimates, which will increase the chance for success in our projects. Once armed with the tools and techniques necessary we can all improve. We can never know the 'unknowable' ...the future will always be uncertain, but we can surely decrease the cone of uncertainty to a manageable level.' Charles Bosler, Chairman of the Risk Management SIG (www.risksig.com) and President of RiskTrak International

Author Information

David T. Hulett is internationally recognised as a leading expert in risk management, leader in risk management activities of the Project Management Institute (project manager of the Risk Management chapter of the PMBOK(R) Guide, 2000 and third editions), deputy PM of the Practice Standard for Project Risk Management (ongoing), core committee member for the Practice Standard for Project Scheduling and frequent conference speaker. He has a consulting and training practice with clients in many industries around the world.

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