High-Risk Endeavor Wins PMI Project of the Year
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Aaron Smith, Deryn Zakielarz, Jill Diffendal
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Date
Some projects just scream out “RISK”, in capital letters and blinking neon. Such was the case with the AY-102 Recovery Project. This was an effort to prevent radioactive waste in a leaking tank from escaping and contaminating the nearby Columbia River, the source of drinking water for many residents of Washington and Oregon, USA.
The team succeeded in meeting its goals and it did so 17 days ahead of schedule and US$8.7 million under budget. These were some of the factors behind the selection of AY-102 Recovery Project as the 2017 PMI Project of the Year. Learn all about this amazing project in November PM Network.
Our coverage of the winner includes details on how the team handled the many risks. A Monte Carlo analysis predicted a 12 percent chance of success. Schedule planning was extremely important—two full-time schedulers ultimately oversaw 9,000 activities. Critical-path analysis was the team’s most important scheduling tool.
After the project ended, the team shared lessons learned with other nuclear storage sites. They continue to look at why the tank leaked.
As always with PM Network case studies, we add a personal touch with a mini-profile of a project manager and his or her career and career lessons learned.
Watch for future issues of PM Network for detailed case studies of PMI Project of the Year finalists, as well as the PMO of the Year winner and finalists.
Posted
by
Dan Goldfischer
on: November 07, 2017 11:23 AM |
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Comments (7)
Please login or join to subscribe to this item
Vincent Guerard
Coach - Trainer - Speaker - Advisor| Freelance
Mont-Royal, Quebec, Canada
Stéphane Parent
Self Employed / Semi-retired| Leader Maker
Prince Edward Island, Canada
Looking forward to my November issue!
Kevin Coleman
Subject Matter Expert, Author, Speaker and Strategic Advisor| - Insights
Pa, United States
Bernardo Cordero
Projects/ Seller/ Non profit organization volunteer/ PMI Ecuador Chapter Leader| Tecnoescala
Quito, Pichincha, Ecuador
The Risk! is really a important theme! Congratulations!
Mansoor Mustafa
Senior PM| Government Department
Rawalpindi Punjab, Pakistan
Nice sharing, interesting
Environmental risks and no margin of error. Great risk management,very impressive. Thanks
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