Managing Black Swans?

Unknown unknowns (black swans) might be in the room, for all we know, but we just cannot see them until circumstances make them visible. Once we see that the risk exists, we would surmise that it no longer qualifies as a black swan event, because we are now aware of the risk, and the element of surprise is no longer there. It is now the normal type of risk that many risk managers are already familiar with, the known unknowns.

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Website security: What to do if your Website Form reCaptcha is not showing?

One of the company websites I managed was gravely impacted by bots attack recently. The first indicator was some noticeable changes to the websites standard/original formatting. This creates unsightly pages, poor font placements and bad colour combinations.

Another adverse impact of the bots after gaining access was to target files, preventing seamless updates. It was difficult to detect because the site seems to continue working. Some pages looked like they’re not affected but only because it was showing static page from the cache.

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Can access to RRSP sans the tax burden bridge the financial strait of some Canadians amid COVID-19?

The domino effect of this health crisis leading to financial downturn, unemployment and disarray, will also bring with it major political and commercial upheaval globally that will affect even the least of us all.

While the government has introduced one form of relief trying to be ahead of the necessity curb through the CERB (Canada Emergency Response Benefits), other means have to be made available.

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Lessons Learned concerning Schedule Quality Assessment

The quality metric designed to measure the project’s Execution Schedule should not be used to measure its DBM schedule. While the former might be a complete, fully detailed schedule ready for execution, the latter lacks maturity, details and completeness. It is like giving the University Senior Year Final examination to High School Freshmen students. It is best to understand first the most pressing quality requirements of the project schedule at its specific stage of development before applying the metric.

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A Project Management Question about Success and Failure

According to your project management best practices concept of success, do you think that the project described below is successful? Or, do you think it is not? Please explain your answer. Your valuable professional input is much appreciated. Thanks in advance.

A $3.5billion petrochemicals project was earmarked to produce 175 metric tons per year from its Polyethylene (PE) Plant and 175 metric tons from Polypropylene (PP) plant. The baseline production target date was projected to be delayed by four months or more due to the design, equipment and material issues of the standby extruder/pelletizing mechanical train of the PP and PE unit. Stakeholders and sponsors were nervously and eagerly awaiting to start production as orders were already piled, lined up for the next twelve months. A month of delay in production will be very costly. To the sponsors, a day delay is unthinkable.

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Integrated Schedule, a Must Have in Program Management

Program management is the process of managing several related projects typically to enhance an organization’s outlook, better its industry reputation, to improve overall productivity and to avail of long-term opportunities. I would like to re-share with you today one of the approaches I’ve formulated and used in achieving Program Schedule Integration in the not too distant past.

Management of interdependent multiple projects calls for an integrated approach. Interdependent in a sense that some activities of one project cannot start or finish without the predecessor project activities from another project or supporting group started or completed. For small to medium size program portfolio, effectively managing the overall and overarching schedule can still be quite challenging for Project Managers.

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Book cover design for new book

I have always wanted to write about risk-based management principles in a poetic form. The uncanny characteristic of a poem to send information with amazing clarity catches our senses so that we suddenly become more receptive. We listen more and even unconsciously let down our guard. Our biases disappear to consider the intended message.

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Christmas Day Reflection : “It’s about God, Families and Friends.”

It is my prayer that many of you will be spending some great time with your respective close families and friends. In all the upcoming festive gatherings, make sure you don’t forget the grandparents who started you all! They are very much a part of each family unit that came to be. They’d be thrilled with even just a call from their kids and of course, from their loveable, innocent and amazing grandchildren.

Enjoy a few days with the people you truly care about. Share traditional foods, common table, good-natured jokes, lessons learned, unforgettable experiences, plenty of hugs, heart-felt embraces full of affections, forgiveness, and love.

The absence of family makes one sad, most especially during Christmas holiday. It is a difficult situation where a good friend can be a life-saver. Here’s wishing everyone in need on such an occasion to find a pair of helping hands, a just, good friend for this holy season.

God bless us all!

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