Final published version
Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
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TY - CHAP
T1 - Uncertainty
T2 - Managing project uncertainty
AU - Dalcher, Darren
PY - 2016/1/1
Y1 - 2016/1/1
N2 - Risk management is primarily concerned with what we can anticipate or see. It offers mechanisms and approaches for addressing chunks of the future that we can conceive. Increasingly, however, more organisations allocate additional contingency resources for other things that we do not know about. While risks can be viewed as the known unknowns, uncertainty is concerned with the unknown unknowns that are not susceptible to analysis and assessment. It is these unknown unknowns that challenge project managers and require new skills and understanding. This is where the handling and managing of project uncertainty becomes a key skill.
AB - Risk management is primarily concerned with what we can anticipate or see. It offers mechanisms and approaches for addressing chunks of the future that we can conceive. Increasingly, however, more organisations allocate additional contingency resources for other things that we do not know about. While risks can be viewed as the known unknowns, uncertainty is concerned with the unknown unknowns that are not susceptible to analysis and assessment. It is these unknown unknowns that challenge project managers and require new skills and understanding. This is where the handling and managing of project uncertainty becomes a key skill.
U2 - 10.4324/9781315565729
DO - 10.4324/9781315565729
M3 - Chapter
AN - SCOPUS:85062503737
SN - 9781472429124
BT - Advances in Project Management
A2 - Dalcher, Darren
PB - Taylor and Francis
ER -