How to Get a Job For Project Managers

Learn how to write resume and interview

Leadership for Project Managers

Learn how to lead and drive project success.

Project Management with AI

From a beginner to project management professional.

Agile Project Management and SCRUM with AI

Learn to run Scrum and Agile with AI.

Risk Seeking

A utility-function stance where a stakeholder favors higher-risk choices, even when they offer only a small potential increase in project value or benefits.

Key Points

  • Reflects a convex utility curve: uncertain outcomes with potential upside are preferred over safer options of similar expected value.
  • Leads to selecting high-variance strategies and more aggressive opportunity responses (exploit, enhance).
  • Must align with organizational risk appetite and tolerances and be recorded in the risk management plan.
  • Impacts reserve planning and decision techniques (e.g., EMV adjusted by utility) and requires clear stakeholder communication.

Example

A product sponsor chooses an unproven cloud service that might cut costs by 3% but carries notable integration risk, preferring the uncertain upside over a stable vendor with nearly the same expected benefit.

PMP Example Question

During release planning, the sponsor consistently selects options with higher uncertainty for only a minor potential gain in benefits compared to safer alternatives. Which utility-function category best describes the sponsor?

  1. Risk-averse
  2. Risk-neutral
  3. Risk-seeking
  4. High risk appetite but risk-averse utility

Correct Answer: C — Risk-seeking

Explanation: Choosing greater uncertainty for a small possible increase in benefit indicates a risk-seeking utility preference.

AI Systems with Claude, for Scrum Masters and Project Managers

Most AI pilots in project management do not fail on the model. They fail because somebody pointed the thing at a decision instead of at a task. This course is built around that distinction, and around the work that follows once you get it right.

Seven sections, taught against one running project from the first lecture to the last. You watch a system get built, then you build the same one against your own sprint. Nothing here is a demo that works only on the example.

You finish with five working systems and you keep them. The sprint report machine turns your board export and standup notes into the report you currently write by hand. The retro intelligence system tells you what the team keeps saying, not just what it said this time. The stakeholder comms engine drafts the update in the register the audience expects. The backlog health monitor flags the quiet decay nobody has time to check for. The risk and dependency tracker follows the chains that actually bite.

Seventy-six working files ship with it, across four sections, so every system is built against real sprint data rather than material invented for a slide. Four sprints of retrospectives, board exports, standup notes, backlog and risk data.

Explore the Course


Lead with clarity, influence, and outcomes.

HK School of Management offers a practical Leadership for Project Managers course for real projects, tight deadlines, and cross-functional teams. Learn to set direction, align stakeholders, and drive commitment without relying on title. Practical skills, tools, and guidance you can apply right away. Covered by Udemy's 30-day refund policy.

Learn More