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	<title>Contingency &#8211; Project FAIL!</title>
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		<title>How Realistic is the Best Case Scenario?</title>
		<link>https://www.projectfail.net/againstallodds/</link>
					<comments>https://www.projectfail.net/againstallodds/#respond</comments>
		
		<dc:creator><![CDATA[Roberto]]></dc:creator>
		<pubDate>Thu, 13 Sep 2018 15:01:13 +0000</pubDate>
				<category><![CDATA[Initiation]]></category>
		<category><![CDATA[Project Managers]]></category>
		<category><![CDATA[Rant]]></category>
		<category><![CDATA[Stakeholders]]></category>
		<category><![CDATA[Steering Committee]]></category>
		<category><![CDATA[Budget]]></category>
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					<description><![CDATA[ost projects are approved with a plan based on the Best Case Scenario. The one where everything runs smoothly without a single hiccup. Is that really a likely scenario though? Aren't Steering Committees launching projects based on unrealistic expectations or - as we would say - on false hope?When setting out to define the budget [&#8230;]]]></description>
		
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		<title>Only Clueless Steering Committees Fail to Invest in Risks</title>
		<link>https://www.projectfail.net/weddingshower/</link>
					<comments>https://www.projectfail.net/weddingshower/#comments</comments>
		
		<dc:creator><![CDATA[Roberto]]></dc:creator>
		<pubDate>Thu, 23 Aug 2018 13:53:26 +0000</pubDate>
				<category><![CDATA[Initiation]]></category>
		<category><![CDATA[Rant]]></category>
		<category><![CDATA[Steering Committee]]></category>
		<category><![CDATA[Contingency]]></category>
		<category><![CDATA[Plan]]></category>
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					<description><![CDATA[teering Committee members never really expect risks to materialize. They approve project budgets without including funds to deal with threats effectively. Sure, the Project Risk Log is acknowledged, but that is about it. Properly discussing these risks, a strategy on how to deal with these and allocating any mitigation or contingency budget in most cases [&#8230;]]]></description>
		
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		<title>A Project Plan is Much More Than an MS-Project File</title>
		<link>https://www.projectfail.net/asimpleplan/</link>
					<comments>https://www.projectfail.net/asimpleplan/#respond</comments>
		
		<dc:creator><![CDATA[Roberto]]></dc:creator>
		<pubDate>Fri, 20 Jul 2018 11:28:59 +0000</pubDate>
				<category><![CDATA[Initiation]]></category>
		<category><![CDATA[Project Managers]]></category>
		<category><![CDATA[Rant]]></category>
		<category><![CDATA[Steering Committee]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Change Requests]]></category>
		<category><![CDATA[Contingency]]></category>
		<category><![CDATA[Plan]]></category>
		<category><![CDATA[Risks]]></category>
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		<guid isPermaLink="false">http://www.projectfail.net/?p=416</guid>

					<description><![CDATA[et&#160;us start by stating what will seem like breaking news to a lot of people: A project plan is so much more than an MS-Project file or any other list of activities with start and end dates attached.When reviewing projects, we often come across project managers that - when asked for the project plan - [&#8230;]]]></description>
		
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		<title>Your Contingency Budget Should Actually Reflect the Risks</title>
		<link>https://www.projectfail.net/themagic10percent/</link>
					<comments>https://www.projectfail.net/themagic10percent/#comments</comments>
		
		<dc:creator><![CDATA[Roberto]]></dc:creator>
		<pubDate>Wed, 18 Jul 2018 11:27:54 +0000</pubDate>
				<category><![CDATA[Initiation]]></category>
		<category><![CDATA[Project Managers]]></category>
		<category><![CDATA[Rant]]></category>
		<category><![CDATA[Steering Committee]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Contingency]]></category>
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					<description><![CDATA[sn't it odd that over half of the projects in this world have the exact same contingency budget? As if the risks associated with every project is about the same.It seems like almost any industry has a little magic wand. That one thing that helps against almost all possible problems regardless of the size of [&#8230;]]]></description>
		
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