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Research Paper | Engineering Science | Saudi Arabia | Volume 13 Issue 10, October 2024 | Popularity: 5.4 / 10

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Developing Resilient Project Management Strategies for Adapting to Uncertain Environments

Muhammad Tayyab Shafi

Abstract: In today's dynamic landscape, organizations face escalating uncertainties, which necessitate resilient project management frameworks to ensure stability and adaptability. This research, grounded in five industry - specific case studies and in - depth interviews with project managers, identifies ten crucial themes for managing uncertainty: adaptability, proactive risk management, stakeholder engagement, scenario planning, continuous feedback, strategic partnerships, regulatory compliance, resource management, communication, and leadership. Adaptability remains paramount, as agile approaches across industries like aerospace, healthcare, and finance empower rapid pivots, safeguarding competitive edge and stability. Proactive risk management and scenario planning equip organizations with tools to anticipate challenges, minimizing the likelihood of crises. Effective stakeholder engagement and open communication promote transparency, aligning diverse teams and stakeholders around common goals. Continuous feedback and strategic partnerships foster a culture of innovation and responsiveness, allowing iterative improvements based on evolving needs. Regulatory compliance frameworks offer structure, helping organizations stay ahead of regulatory changes and maintain operational integrity. Resource management ensures that assets are optimally allocated, adapting swiftly to new demands. Strong leadership further supports adaptability by guiding teams through uncertainty, fostering a resilient culture ready to embrace change. Together, these strategies create a comprehensive framework for enhancing resilience, positioning organizations to not only survive but thrive amid complexity and change.

Keywords: Resilient Project Management, Uncertainty Management, Risk Management, Stakeholder Engagement, Strategic Planning

Edition: Volume 13 Issue 10, October 2024

Pages: 2017 - 2030

DOI: https://www.doi.org/10.21275/SR241029123602

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