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Risk Management
Effective management of cost, schedule, and technical performance requires skills and tools to manage outcomes in the face of uncertainty. Government and commercial business managers, project managers, and contracting officers need to know how to:
- Identify sources of technical, schedule, and cost uncertainty that affect program or project success
- Assess the probability and consequence of uncertain events or conditions
- Model and predict the range of project or program outcomes when uncertainty is accounted for
- Formulate effective handling and decision-making strategies to control the effects of uncertainty
Take performance management to the next level with CALIBRE's risk management training and tools for planning and estimating projects, tracking project execution, managing technical performance, and allocating resources.
Workshop Information
Risk Management:
Improving Performance by Managing Uncertainty
Location: CALIBRE, 6354 Walker Lane, Suite 500, Alexandria,
Virginia 22310
Dates/Times: TBD
Registration Fee: $1,900 per person (additional registrations
from same organization will be half-price)
Interested in attending?
Complete the on-line registration
form or register by phone at 703.797.8881.
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Effective identification and management of project uncertainty is a key differentiator of top performers in both government and commercial environments. Risk-savvy organizations recognize that uncertainty is an inherent characteristic of complex projects and also use available tools to model and assess its effects on performance. The workshop "Risk Management: Improving Performance by Managing Uncertainty" provides the tools and techniques to address the following questions:
- Should a modeling and simulation effort be planned for a new item, or should
it proceed directly to prototype development? What is the expected value in
each case?
- How does uncertainty in an individual project task affect the project as
a whole? How do multiple task uncertainties propagate through the project
master schedule?
- What cost uncertainties influence the project budget, and what is the likely
range for total project cost at completion?
- How is an appropriate management reserve established for a project?
- From a set of potential projects, what subset is optimum in providing the
best return for a given level of risk?
In this two-day workshop, the following topics will be covered:
- The importance of identifying and managing the effects of uncertainty on project outcomes
- The risk management process as both a systems engineering and a project management discipline
- The use of probability distributions, decision trees, and simulation to model uncertainty
- Managing schedule risks
- Managing cost risks
- Managing technical risks
- Incorporating cost, schedule and technical risk management in an Integrated Project Team (IPT) setting
- Managing risk across multiple projects
Interested in attending?
Complete the on-line registration
form
or register by phone at 703.797.8881.
Registration Deadline: Registration closes 10 days prior to each workshop. (After this date, please call for availability.)
Additional Information: CALIBRE is conveniently located
near the Franconia-Springfield Metro/VRE station. For a map, directions,
and parking information click here.
Attendance is strictly limited to 15 individuals per session. Substitutions may be made at any time by notifying CALIBRE. Payment must be made by registration deadline. Cancellations up to 10 calendar days before a scheduled workshop are subject to a $150 administrative fee. If an individual withdraws within 10 calendar days of the workshop start date or fails to show up for a workshop, that individual is responsible for the full registration fee.
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Executive Seminars
These seminars are hosted by CALIBRE to familiarize executives with the advantages of using risk management as a decision-making aid in a variety of business management settings. Each seminar is ½ day in length and can be held at CALIBRE's facilities (near the Franconia-Springfield stop on Metro's blue line) or we can come to you. These events are scheduled upon request. For more information or to schedule an executive seminar, please contact Bill Newnam at 703.797.8881.
Consulting Services
CALIBRE offers a range of risk management consulting services. Through our services, we help customers address challenges such as:
- Project planning, estimating, and tracking
- Using earned value management as a risk reduction tool
- Using decision trees to model decisions under uncertainty
- Managing a portfolio of projects to achieve optimum performance outcome
CALIBRE has a number of contract vehicles available for ordering purposes, including GSA schedules. Rates and ordering details can be found on our Contract Vehicles page or call Mindy Scott at 703.797.8560.
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CALIBRE is an
Equal Opportunity Employer
E-mail: webmaster@calibresys.com |
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©2010 CALIBRE Systems, Inc.
All Rights Reserved.
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