Re: Yellowhammer released!
I was involved in the Millennium Big disaster that never happened in 1999. If I recall, planes would fall out of the sky at midnight when this was announced.
The amount of money that was wasted on Y2K is eye watering. The media made a lot out of it and so did consultants, that was about it.
Nothing happened and now here comes Yellowhammer and its faulty risk assessments
Here is another risk assessment technique that's used a lot but is absolutely pointless and totally inaccurate ...
Q. Rate products being delayed due to Brexit against the following criteria ..
In this case ...
1. All 3 scenarios require mitigation - all speculative answers
2. There is no ability to select "Accept Risk - do nothing"
3. If in doubt, just choose "medium" - resulting in wasting money or not doing sufficient mitigation, which results in increasing risk.
Risk assessments ... absolute joke !