Podcast: Risk, Cost, and Project Management with Christian Smart
Christian Smart joined me on the Acquisition Talk podcast to discuss his new book, Solving for Project Risk Management. He is the chief scientist at […]
Christian Smart
Why are analysts complicit in cost and schedule growth?
I showed that for 10 projects for which a cost risk analysis had been conducted, the actual cost was greater than the 90th percentile for […]
Economics doesn’t describe the reality of production
The revenue or cost of each additional unit is called the margin. Economists assume that corporations seek to maximize profit, which occurs at the unit […]