Course C - Managing project risk, uncertainty and value in new ways
The course Managing project risk, uncertainty and value in new ways in collaboration with MIP Politecnico di Milano is focused on the following two main topics: one theme is maximising the scope of what is considered during initial stages and throughout project execution. The second is keeping it simple systematically, and introducing complexity only when it is worthwhile to do so.

Faculty:
Chris Chapman - Emeritus Professor of Management Science in the School of Management of the University of Southampton and Senior Associate of The Nichols Group, United Kingdom
Henk Bellinga - Managing Director, Advitec Consulting, The Netherlands
Training method:
Capitalising on the experience of course participants and sharing experience will be an important aspect of group sessions. Group sessions will also allow participants to confront difficult practical issues.
Plenary sessions will draw on the re-titled and extensively re-written third edition of a highly regarded book which the course instructor co-authored.– “How to Manage Project Opportunity and Risk”, and copies will be provided for course participants.
Training Objectives:
- understand the concepts of a “clarity efficient” uncertainty management approach. Not being simplistic, allowing the introduction of further complexity whenever this is worthwhile, is crucial. So is avoiding framing assumptions which are restrictive. Obtaining unbiased estimates is one useful example context
- persuade colleagues to abandon widely used counter-productive concepts and tools. Understand why some “common practice” is not “best practice”, such as the risk management (probability-impact) matrix
- sell uncertainty management in terms of the benefits which can be provided by the new processes and perspectives. How to clarify why new ideas are useful is crucial
- embed the new processes and concepts in an organisation, and how to avoid the problems involved. Encourage everyone to ask the right questions and ensure decisions are approxi - mately right rather than precisely wrong, with everyone motivated to seek the same objectives
Cost: € 2,300* + VAT
Date: 7-8-9 November 2011
Teaching language: English
Location: via Lambruschini 4c - 20156 Milano
*Fee details please look at brochure
Registration
SCARICA BROCHURE - IPMA ADVANCED COURSES 2011-12

