Project Management in today’s VUCA world
Project Management is characterised by Volatility, Uncertainty, Complexity, and Ambiguity is more challenging than ever.
- Volatility refers to the rapid and unpredictable nature of change.
- Uncertainty highlights the lack of predictability, especially in costs and technological advancements.
- Complexity stems from the interconnected nature of multiple factors influencing a project.
- Ambiguity arises when clear cause-and-effect relationships are difficult to establish.
In my previous article on PMBOK Edition 7 vs. Edition 6, I shared why I believe that Edition 7 represents a regression rather than progress. For structured and effective project execution, I recommend adhering to PMBOK Edition 6 or a similar framework.
I hope the article (when you click on Project Management) provides valuable insights for everyone involved in project management. It is for informational purposes only, but DPGS & Alliance Partners will be happy to answer any questions.
Let’s get in touch!