IT Projects failures and Risk Management (posted by Fabien Villard)
Masters of Disaster Here is a very enlightening paper from Wharton’s Risk Management and Decision Processes Center: http://www.whartonmagazine.com/issues/815.php IT projects fall in the same behavior: Quote: “a psychological bias toward short-term maximization instead of long-term planning—a psychological bias all humans share”. IT Project: short ROIs, code before design and architecture, intuition instead of analytical thinking, [...]
