Welcome to the world of uncertainty in projects!

Have you ever seen a black swan in person? If you say not yet, well – you are not alone. Me neither. However, we have to be aware that we have not yet seen a black swan doesn’t mean it doesn’t exist. There is always element of uncertainty in this world or in this universe, should I say, we live in.

Nassim Nicholas Taleb wrote a book called “The Black Swan” to explain the nature of unpredictable highly improbable events. He gives the rise of the Internet, the personal computer, and the September 11 attacks as example of black swan events.

The challenge for all of us managing projects is how can we better manage both threats and opportunities that inherently exist in projects . Black Swan is a blog about managing uncertainty in projects to produce better project results. We will share the latest tools, techniques, and best practices to better manage both threats (negative risks) and opportunities (positive risks) in projects.

About Naing Moe Aung
Naing is the founder and director of Project Decision, Singapore-based the premier project management training, coaching and consulting firm focusing on enabling individuals and organizations achieve maximum return on their project investments. Naing is a hands-on project manager and entrepreneur who has a gift for training and a firm believer that promoting the application of project management best practices is crucial for the social and economic development of the society. Naing's mission is to optimize strategic value creation process of organizations through more effective management of projects, programs and portfolios. Naing has more than 10 years experience - managing projects and programs in business process reengineering, new product development, construction, enterprise resource planning (ERP) system implementation, and lean manufacturing practices. Naing has trained more than 1,200 participants from 200 organizations (Multinational Corporations (MNCs), Blue-chip Companies, SMEs, Not for Profits and Governments) since 2005. Naing is a certified Project Management Professional (PMP), the project management profession's most recognized and respected global credential by the Project Management Institute (PMI) headquartered in the USA. Naing’s ideas on project management have been accepted by PMI and it has recognized Naing as one of the final exposure draft reviewers and contributors in the latest 2008 edition of Project Management Body of Knowledge (PMBOK) Guide, regarded as a global standard for project management, developed and published by PMI.

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