The Ask the Expert Webinar Series is an extension of the Ask the Expert Program offered at PMI® Global Conference. Each year, experts from the ProjectManagement.com community offer one-on-one sessions to conference attendees, acting as mentors, coaches, and sounding boards for Project Managers at varying stages of their careers and across industries. Gain access to these leading project management and industry experts through the Ask the Expert Webinar Series – ask your most pressing Project Management questions, seek career advice, and gain insights into industry trends. Please join the webinar prepared to pose questions to the experts!
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How do you incorporate risk mitigation plans into the Integrated Master Schedule (IMS)? This is important because it is useful to be able to see the status of the mitigation plan in the IMS and the impact on other tasks if the mitigation plan begins to slip. This webinar presents a tutorial on risk management. It includes: the risk management process; risk identification methods; risk analysis techniques; risk response (handling) methods; and risk monitor and control approaches. Finally, the webinar will explain and show by example how to integrate a risk mitigation plan into the IMS.
A complex project may have a very long and multiple phased life-cycle, a large number of stakeholders within a complex organizational plan, a complex resource management, technical complexities, contractual complexities and macro-environmental factors. On the other hand, complex projects signify a strategic importance for the project stakeholders in terms of their business strategy, brand image, financial and economic opportunities. Managing a complex and strategic project requires, in its life-cycle, a specific organization and a specific approach in order to reach the project objectives in terms of cost, time and project performance. The complexity of a project leads to the existence of interdependent risks, hard to anticipate and keep under control. For complex and strategic projects, it is necessary to identify and assess all the potential risks and opportunities through the whole project life-cycle, and develop action plans to mitigate, eliminate or transfer negative risks.
Les risques peuvent avoir des impacts négatifs sur les objectifs des projets tels que le retard, le surcoût, la diminution des aspects de qualité et de sécurité. Les projets complexes sont affectés par de nombreux risques et opportunités en raison de leur plan organisationnel complexe avec un grand nombre de parties prenantes, une planification complexe avec un long cycle de vie, une gestion complexe des ressources, des problèmes techniques et des facteurs environnementaux. Ce type de projet peut également présenter une importance stratégique pour les parties prenantes. Il est essentiel d'identifier et d'analyser les risques et les opportunités tout au long du cycle de vie du projet et d'élaborer des plans d’action afin de réduire les effets négatifs des risques. Dans cette étude, nous proposons un processus formalisé et systématique de management des risques pour les projets complexes et stratégiques.
VUCA , an acronym that stands for Volatility, Uncertainty, Complexity and Ambiguity, has become a buzzword in management and business circles. It has added a new dimension to management principles and practice this requires a fresh approach to adapt to the new situations that are emerging in business and industry. Over the years project management standards have been adapting to industry practices and through its revisions introducing new topics and areas of knowledge. The objective of the standards has been to present information that is relevant and valid for today's operations. Various project management standards have been studied to assess if the four parameters of VUCA have been included and discussed and if they are adequate for the practising project manager to function effectively.
The four knowledge cornerstones of project risk management are: Project Management(how to run a project); Earned Value Management (how to measure project performance); Risk Management (how to identify and mitigate risks); Subcontract management (how to manage subcontractors). Project risk management is essential today and for future work challenges to manage a successful project. This webinar focuses on earned value management, the second knowledge cornerstone.
The Case for Project Risk Management: In Predictive (Traditional) vs. Adaptive (Agile) Life Cycle Approaches
Although the project failure rate has seen improvement over the last decade or so, roughly half continue to fail. As such, project risk management [which is designed to address risks that contribute to project failure] has gained significant interest over the same period.
This is in the sixth installment in an 8-part webinar series, A Billion Dollar Project Health Framework, presented by Uri Galimidi. The series covers an advanced yet practical framework which Project Managers can use to assess the health of their projects. The framework consists of eight key project management areas. This webinar covers Stakeholder Management.
This is in the eighth (and final) installment in an 8-part webinar series, A Billion Dollar Project Health Framework, presented by Uri Galimidi. The series covers an advanced yet practical framework which Project Managers can use to assess the health of their projects. The framework consists of eight key project management areas. This webinar covers Methodology & Tools.
This is in the seventh installment in an 8-part webinar series, A Billion Dollar Project Health Framework, presented by Uri Galimidi. The series covers an advanced yet practical framework which Project Managers can use to assess the health of their projects. The framework consists of eight key project management areas. This webinar covers The Project Team.