Remove Environment Remove Innovation Remove PMBOK
article thumbnail

Rethinking project risk: finding opportunity in the unknown

Chartered Management Institute

Indeed, the Project Management Body of Knowledge (PMBOK) defines project risk as ‘an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives’. They all sound negative. When asked, most of my course participants are surprised to know that project risk also includes positive effects.

Project 52