Understanding Risk Management in Project and Change Management

In Week 8 of Project and Change Management, we delve into Risk Management, focusing on key concepts such as uncertainty, risk, threats, and opportunities. Projects often face uncertainties stemming from various sources, including work scope, quality of estimates, false assumptions, technological novelty, user interface challenges, staff productivity, skill levels, management and subcontractor performance, customer expectations, market share, and competition. Identifying and managing these uncertainties is crucial for successful project delivery and change implementation.

• project management
• risk management
• uncertainty
• change management
• threats
• opportunities
• stakeholder performance
• market competition

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