Projects are journeys into the unknown, and the key to success is managing uncertainty. Uncertainty naturally affects every aspect of project control directly and inherently.  

Regarding risk, the immediate uncertainty is whether a risk will occur despite mitigation; inherently, what risks might we be overlooking? Similarly, which problems, decisions, constraints, activities, deliverables, and prerequisites are not on our radar? As they are not part of our plans, this missing information will inevitably lead to time and cost overruns as it emerges during execution. 

In this session, we will examine the conceptual definition of project uncertainty, present four basic strategies to reduce it, and showcase next-generation agile techniques to systematically increase information awareness and availability: Project Metadata technique, Result Breakdown Structures, and Power Kanban.  

What the audience will learn 

• How project uncertainty drives time and cost overruns 

• The difference between risk and uncertainty 

• Four practical strategies to reduce uncertainty 

Speakers