Resumen

Resumen
The article discusses the use of one-minute risk assessment tool in guiding managers how to reduce software project risk. The tool can also be given to each of the key stakeholders in a project, allowing the project manager to bring out differences in perception or conflicting views that may create trouble later on if they are not resolved. Only risk that is underappreciated and unmanaged has the power to surprise. While in any given situation, some risk drivers may be more controllable than others; most of the risk drivers fall within the project manager's sphere of influence. The most important drivers are ones over which managers can clearly exercise some control. Recognizing which risk drivers are amenable to managerial control and which are not is the key to walking the tightrope between calculated risks and outright gambling. Careful project planning and partitioning of attention can mitigate the former but rarely the latter. An understanding of the factors that drive risk and which ones can be influenced in a given situation can empower managers to have the serenity to accept the risks they cannot change, the courage to manage the risks they can control and the wisdom to know the difference. INSET: How the Study was Conducted.