Waltzing With Bears: Managing Risk on Software Projects. The latest book from the heroes of Peopleware, Tom Demarco and Timothy Lister. Makes a brave case that the person (or company, or team) who is responsible for risk management is the person who is going to pay the price when things go wrong. Waltzing With Bears kicks off with an excellent analysis of the famous “failure” of software engineering that delayed the opening of the new Denver airport, framing it as a failure of risk management. In fact when you look a bit more closely at the software project itself, it's pretty clear that the software team was expected to perform the impossible, and the project as a whole had no way to recover from a slip in a typically over-optimistic software schedule.  [Joel on Software]

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