This week Ricardo discusses the impact of inflation on the project risks.

In the past, countries with weak economies were more likely to experience inflation; however, today, countries with stronger economies, like those in Europe, are experiencing relevant impacts of inflation.

The ability to complete projects may be heavily impacted by inflation, which presents a significant issue for project managers.

Depending on where the project is, it may even be required to consider if it is feasible to move forward.

Regarding this scenario, Ricardo offers three suggestions for risk mitigation that can be applied in the early stages of the project and another three suggestions to be applied in later stages.

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Three Tips To Mitigate Inflation Risks in Your Project

Since 2007, Ricardo Vargas publishes the 5 Minutes Podcast where he addresses in a quick and practical way the main topics on project, portfolio and risk management.

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Listen to the podcast to know more.

Watch the video of this podcast at: rvarg.as/thinking

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*AI-generated image via PMOtto.ai on ChatGPT.

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You can access the report at this link: https://aiindex.stanford.edu/report/

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Three Tips To Mitigate Inflation Risks in Your Project

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