Latest Articles

  • Expect the Unexpected – How the SNB Surprised Everyone
    Risk management is about looking for uncertainties that could jeopardize company goals, project goals or your personal goals. However, you are often surprised by events that you did not expect at all, but were not unlikely to occur. When such events occur, however, they often hit like a bombshell. The Swiss National Bank (SNB) produced such an event on January 15, 2015, that stock and forex [more ...]
  • What Does VUCA Mean in the Context of Projects?What Does VUCA Mean in the Context of Projects?
    VUCA is a term that describes the unpredictable and rapidly changing nature of the modern business environment. VUCA is an acronym that stands for volatility, uncertainty, complexity, and ambiguity of general business conditions, market situations and world events. In this article, we will explore how VUCA affects products development in projects and how risk management activities can help to [more ...]
  • The ROAM Risk Model in Agile Projects and Its DeficienciesThe ROAM Risk Model in Agile Projects and Its Deficiencies
    The importance of risk management in projects can not be emphasized enough. This seems obvious, but unfortunately most project managers or agile teams have not yet recognized this. In recent years, the ROAM Risk Model has become established in agile projects at team level, but also at higher levels in scaled frameworks, e.g. in SAFe. I have many years of experience in risk management in projects [more ...]
  • Assumptions in Projects Are Often Neglected Risks
    There are many types of risks that threaten your project. These depend on the type of project or the industry sector in which it is carried out. One particular type of risk that is often ignored, however, are the assumptions that are made in most projects. “We assume this will be the case or this will happen”. This is not only the case in projects. We also often make assumptions in [more ...]

Project Management Quote of the Week

"It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.“

(Marc Twain)

Related Article: Avoid the Risk of Believing in Things Confidently Without Verifying Their Accuracy

 

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