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I'm not sure if I'm impacted in any way, but it seems geopolitical concerns might increasingly affecting projects, particularly with recent policy changes.
Kiron Bondale
Community Champion
Mentor actively supporting PM practitioners in achieving their goals| Retired
Welland, Ontario, Canada
This is an example of an event which should be planned for - given that there are still more than 2 months till the new President gets sworn in, there is sufficient time to identify risks impacting in flight projects and to respond to those, even if the response is just to accept the risk.
And given how close the polls were leading up to the election, the risks caused by a Republican win could have been addressed before election day. Kiron
Kwiyuh Michael Wepngong
Community Champion
Financial Management Specialist | US Peace Corps / Cameroon
Yaounde, Centre, Cameroon
The Trump win will obviously come with the potential to impact running projects and upcoming ones. Here the PM will have to adapt to the new changes
Your company will need to thoroughly review your client's concerns, separate the risks into their smallest parts and come up with mitigation plans for each. How your company addresses exchange rate risk, for example, may be different from how they might handle increased taxes and tariffs. Ideally, the HK cloud center has its own strategy/ risk profile which includes its unique geopolitical risks. Reviewing this may help you qualify the client's concern - what disruptions do they feel are likely or unlikely? Do they feel the data itself is at risk, or the cost of providing services? I've read there could also be inflation on the dollar - will other geographies be at an advantage or disadvantage? HK in particular has been under constant pressure from China. The Chinese government requires access to Apple's Chinese consumer list, and leveraged this against HK protesters in 2019. (https://knowledge.wharton.upenn.edu/articl...litical-risks/) But that's just Chinese politics, nothing US-government related.
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