De-risking Projects
BY WASHINGTON CHIMUZU Projects, by their very nature, are fraught with uncertainty. Despite all the hype, value and benefits that they promise to deliver, nothing is ever truly guaranteed or goes like clockwork. Even with meticulous planning, many projects falter not because of poor intent but because risks were underestimated, ignored, or mismanaged. To improve viability and increase the...
De-risking Projects: Getting Initiation Right
By Washington Chimuzu Every project begins with a decision: should this initiative move forward? That decision, however, is often clouded by many assumptions, excitement, enthusiasm, and oftentimes, incomplete information. While initiation marks only the first phase of the project lifecycle, it sets the trajectory and tone for everything that follows. If risks are overlooked at this stage, the...