ABSTRACT
Risk and projects are in an inescapable combination. Projects are undertaken by organizations so they can seize market opportunities or improve the company’s internal efficiency. Projects, as we have stressed several times, are complex and innovative activities. Innovation brings a certain level of uncertainty, or rather, imperfect knowledge of events that will occur during the project. Each project is therefore physiologically risky. It becomes pathologically risky if the uncertainty linked to it is not addressed and managed methodically and with conviction.
