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 […]

How to define an effective risk response-strategy

How to Define an Effective Risk Response Strategy

In my last article: Successful Response Planning in Risk Management, you learned the basics of response planning in project risk management. Now you have to define the appropriate risk response strategy for the identified risks. With this strategy, you then react to your risks with effective actions. In this article you will learn about the […]

Risks, Problems, Issues and Impediments – What is the Difference?

A project without risks and problems exists as little as a life without death, because projects are by definition risky and associated with problems – and this is also the case with agile projects. With risk and problem management, project management offers effective tools for meeting these “challenges”. However, I notice repeatedly that the difference […]

How to describe risks clearly and nambiguously

How to Describe Risks Clearly and Unambiguously

One of the most important points in risk management is that you find the “right” risks and describe them clearly. Finding and describing risks is not that easy. But if you pay attention to some important points, your efforts will soon bear fruit. This article will help you to find the right risks and describe […]