The July 14th issue of E-Commerce Times features an article by Palisade's Randy Heffernan about the importance of understanding risk factors in the technology sector, and planning strategies accordingly.
"Tech mainstays and startups alike now require a clearer forecast of a project's probability of success or failure," writes Heffernan. "Clearly, the margin or error has drastically shrunk, and organizations are paying greater attention to analyzing the risks associated with each project, investment and acquisition."
Heffernan gives recommendations about identifying and communicating current external and internal risk factors, and outlines how Monte Carlo simulation and computing risk can help.
» "Knowledge Is Power: Embracing Risk Analysis," in E-Commerce Times
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