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Any project manager knows that projects vary significantly: some last for years, with multiple phases, while others are sporadic, with periodic breaks that free staff and management to work on other initiatives. Some are important. Others are urgent. Some are …
Recent business trends have made it possible to start independent work more easily, and with more possibilities, than ever before. There is strong support in the business world for hiring expertise on an as-needed basis, and as a result, the …
Everyone agrees that the world is risky and that risk management is important. But where did risk management come from, and where is it going? When and how did we learn that managing risk was an essential life skill? And …
Like it or not, we are all negotiating, all the time—and at some level, all negotiations involve an assessment of the balance of power: how much do I want what the other party has to offer, and how much do …
These days, there are many dire predictions about artificial intelligence replacing human workers. News specials and magazine articles speculate that no occupation is immune, or claim that whole fields of work, such as teaching or project management, might be replaced …
Since the dawn of time, mankind has used myths to make sense of the uncertainty that surrounds us. More recently, in the world of business and projects, risk management has performed the same role. Unfortunately, myths have also grown up …
As a consultant, one of your key objectives is to fully understand your client’s situation so that you can offer advice, solutions, and support as needed. This means taking the time to not only understand your client’s current reality, but …
The client-consultant relationship can be complex, with hiccups and challenges experienced by both parties along the way. One of the most common challenges faced by consultants is balancing their client’s need for control with the need for some kind of …
Change has always been a part of our society and economy, but during the past several decades, the rate of change accelerated and continues to accelerate. Looking back on the past forty years alone, the changes were seismic. Companies that …
To build effective consulting relationships, consultants must understand their own value and how it supports their client’s goals. What are the experiences, insights, and skills you have that will help your client succeed? If you’re working with an established client, …
Current risk management standards and guidelines use broad definitions of “risk” that encompass both threat and opportunity, but many people still find it difficult to understand why “opportunity” is included in the definition. And without understanding the reasons, there is …
The ability to manage risk effectively is recognized as an important contributor to business success, which is why it has become an essential part of the manager’s toolkit. Risk-based thinking is permeating the boardroom and discussions within executive committees as …