SPaMCAST 135 - Metrics Minute - Value at Risk

Published: May 22, 2011, 9:22 p.m.

b'Welcome to the Software Process and Measurement Cast 133!\\nSPaMCAST 135 features an entry in the Metrics Minute. \\xa0We are covering a Value at Risk. \\xa0WValue at Risk represents the potential impact of risk on the value of a project or portfolio of projects. \\xa0Risk is monitored at specific points (a topic of further discussion in the near future) of the project life cycle. \\xa0Monitoring includes an evaluation of the potential cost impact of remediating the risks that have not been fully remediated weighted by the probability of occurrence. \\xa0Where the cost impact of risk is above program risk tolerance specific remediation plans will be established to reduce the estimated risk impact. \\xa0The value at risk metric provides the team with a tool for prioritizing risks and risk management activities. \\xa0\\n\\nShameless Ad for my book!\\xa0\\n co-authored by Murali Chematuri and myself and published by J. Ross Publishing. We have received unsolicited reviews like the following: "This book will prove that software projects should not be a tedious process, neither for you or your team."\\nHave you bought your copy?\\n\\nContact information for the Software Process and Measurement Cast\\nEmail: \\xa0spamcastinfo@gmail.comVoicemail: \\xa0+1-206-888-6111Website: www.spamcast.netTwitter: www.twitter.com/tcagleyFacebook: \\xa0http://bit.ly/16fBWV\\n\\nNext!\\nSPaMCAST 136 features my first live interview with Paul Brynes. \\xa0We discussed the changes in the SCAMPI methodology used to appraise the CMMI. \\xa0Important stuff if you have anything to do with the CMMI.'