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
article thumbnail

Visualizing a Change Standard

Innovation Excellence

Change Management is but one of five keys to sustainable change success, but it is one of the most important. It is also the only one of the five that has its own professional association and working to establish itself as a recognized profession, complete with its own certification.

article thumbnail

Changing Change

Innovation Excellence

The business world is showing an increasing interest in the people side of change, and there is a very real reason for this… Companies are spending an increasing amount of their budget on technology and working to transform their operations to be more digital in order to provide a better experience for customers, employees, partners.