Here's how you can navigate project risks and uncertainties as a project manager.

Risk can best be mitigated when it is measured. I like to ask, “What is the opposite of this task or project going well?” Whatever the answer, that’s what you weigh in risk thresholds and decide how to mitigate along the project’s critical path. You will never get to 100% risk free, but getting to 75-80% is quite remarkable for solid decision making.

Make it a regular thing. Make risk management part of your day to day operations. Focus on ways you can identify risks early on. Communicate the risk. Plan and Implement.

Here are some ways to identify risk in business Brainstorming, Stakeholder interviews, NGT technique, Affinity diagram, Requirements review

Navigate project risks and uncertainties by conducting thorough risk assessments upfront. Identify potential risks, assess their impact and likelihood, and develop mitigation strategies. Continuously monitor for new risks and adapt plans accordingly. Foster open communication within the team to quickly address emerging issues. Maintain flexibility in scheduling and resource allocation to accommodate unforeseen challenges. Regularly review and update risk management plans throughout the project lifecycle to minimize disruptions and ensure successful delivery.

This is the step poor managers constantly fail at. It’s ok to take risks but do your homework, research the angles, and stack the deck in your favor. Calculated risks are just that calculated, not spur of the moment decisions. There is an old saying no risk no reward, but don’t take risks just for the sake of taking risks.

une fois le risque identifié, nous pouvons mieux l'analyser partant de la source du problème. analyser le risque revient à élaborer des plans de ripostes, des stratégies qui peuvent résoudre le problème le plus rapidement possible

In every project there are risks involved and where we can identify the risks we must maintain records and documents and keeping monitoring the impact level and will get team members involved to mitigate the impact of the risks ! Discussion must be held regularly to ensure that the risks involved is within our tracking ! We can also escalate to higher level to get assistance from other stakeholders to assist where appropriate to the risks or potential problems faced. Source others opinion or options to reduce risk and to improve the situation so that reduces the impact arises . We can also consider way to mitigate risks in attempting using other way or opportunity available. Ensure all team members have strong commitment to reduce risk.

Effective communication is not just about conveying information; it's about building relationships, fostering trust, and driving project success through collaboration and engagement. Prioritizing communication as a core competency can mitigate risks, resolve conflicts, and keep projects on track towards achieving their objectives.

You must know as much you can the difficulties that may arise from each project ,if you can’t foresee them you must always be ready to deal with them calmly and without hasty movements You certainly will not be able to find solution to all issues immediately and quickly however the solution you will find must be such that you do not find the same issue in front of you again

There are very few situations in which a “by the book” approach will be the best approach. Projects involve a human element, and people seldom fit into any preconceived box. Be flexible, figure out the best way to be successful with the hand you have been dealt, and get moving. Make an informed decision and move forward. A lack of decision making and stagnation are toxic for a project’s success.

1. Risk Identification: - Conduct thorough risk assessments at the project's start and throughout its lifecycle.-Engage stakeholders and team members to identify potential risks from different perspectives. - Use techniques like brainstorming, SWOT analysis, and checklists to uncover risks. 2. Risk Analysis: - Evaluate the likelihood and impact of identified risks. - Use qualitative methods (e.g., risk probability and impact matrix) and quantitative methods (e.g., Monte Carlo simulation) to assess risks. 3. Risk Prioritization: - Prioritize risks based on their potential impact on the project. - Focus on high-priority risks that could significantly affect the project's scope, schedule, cost, or quality.