Hi All This week's episode of my #5minpodcast is now live. We are all facing the nightmare of uncontrollable inflation, affecting everyone's life, including our projects. Today, it is a horrific experience to try to implement our procurement strategies and discover that every single item we must acquire for all projects costs 10, 20, or even 100% more than we anticipated. What are our options? And the context of these actions is what I try to convey in this episode by sharing three tips to help you minimize these challenges during the planning phase and another three tips to help you manage the turbulence of inflation when you're inside the thunderstorm or, better, during project execution. :) I hope you find it helpful. This is an essential issue that we must all be aware of since the outlook is that we will have to live with this inflationary outlook for some time. Have a great week ahead. Ricardo Vargas. https://ricardo-vargas.com/podcasts/three-tips-to-mitigate-inflation-risks-in-your-project/ #riskanalysis #risktolerance #riskmanagement #crisismanagement #crisis #budget #pmot #finance #project #budgeting #inflation #projectmanager #projectmanagement #civilengineering #construction #engineeringlife #projectplanning #riskresponse