Read article: Redefine Risk In the Face of the Unknown – Daniel Burrus

http://insights.cermacademy.com/275-redefine-risk-in-the-face-of-the-unknown-dan-burrus/

Why This Matters: We discussed risk in terms of volatility, uncertainty, complexity, and ambiguity (VUCA). The lesson learned was that VUCA is present at each phase of a project.

Project objectives may have to be revisited in terms of changing context, changing stakeholders, and changing project requirements. If this is the case, then project risk objectives have to be reevaluated. New project objectives are developed. Each objective needs a new SMART. New risks are identified as those that inhibit reaching the objective.

Project Question: How would you define risk in VUCA time?

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