The Silver Lining of Project Uncertainties

Implications for Project Management Education

As the nuances between risk and uncertainty become more discernible, the content and methodology for educating project managers and their teams must be revised to include the techniques PMs need to identify and differentiate between risk and uncertainty. Educational initiatives need to create an awareness of management differences between project risks and project uncertainties. This requires a shift in the way we train and educate the current and next generations of project managers. A transitioning of the educational focus from process-oriented to business-oriented is necessary. Classical project management training is built on the foundation of processes and routines. The emphasis on constraint ...