Podcasts about project risk management

In this episode of Navigating Major Programmes, Riccardo Cosentino dives into an engaging conversation with AI visionary Dev Amratia, uncovering how AI is revolutionizing the infrastructure industry. Together, they explore the game-changing potential of harnessing data from over 760,000 global projects to forecast outcomes with precision, drastically improving risk management and efficiency. Dev reveals the untapped possibilities of AI, from smarter decision-making to reshaping the very way projects are delivered, offering insights that challenge traditional approaches and inspire a bold new future for infrastructure. "What if we had the experience of 760,000 projects between the two of us and then worked on a project, wouldn't we be hundreds of times more effective than we currently are?" – Dev Amratia Dev is the Co-Founder and CEO of nPlan, where he is at the forefront of rethinking how project outcomes are forecasted and addressing risk in the built environment. With an aerospace engineering background and 9 years of capital project management experience, he combines both technical and commercial expertise to tackle complex challenges. Dev also co-authored the UK Government's AI Review (2017) and is a Chartered Engineer (CEng) through the Royal Institute of Mechanical Engineers. Key Takeaways:Why AI's full potential in project timelines, risks, and improvements is still untappedHow can the infrastructure industry overcome inefficiency and poor risk management when outdated methods, like fixed-price contracts based on incomplete dataThe cultural shift  needed for AI adoption, with ground-level resistance requiring both top-down and bottom-up strategiesData-driven decision-making is crucial for the infrastructure industry, as AI-facilitated collaboration and data sharing can improve project outcomes and reduce adversarial approaches. If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox. The conversation doesn't stop here—connect and converse with our LinkedIn community: Follow Dev Amratia on LinkedInLearn more about nPlanFollow Navigating Major Programmes on LinkedInFollow Riccardo Cosentino on LinkedInRead Riccardo's latest at wwww.riccardocosentino.com  Music: "A New Tomorrow" by Chordial Music. Licensed through PremiumBeat.DISCLAIMER: The opinions, beliefs, and viewpoints expressed by the hosts and guests on this podcast do not necessarily represent or reflect the official policy, opinions, beliefs, and viewpoints of Disenyo.co LLC and its employees.

In this podcast chat, Anthony shares key tips for successful project risk management, which, if done correctly, means more successful projects!The ABM Risk Partnership team - Brett Palmer, Tony Anderson and Anthony - recently presented a workshop titled 'Managing Uncertainty - Project Risk Management' at the RMIA 2024 Risk Conference in Sydney.The workshop was attended by a diverse range of people representing business and government from across Australia. The session was well received by attendees who actively participated and shared their own project experiences.This episode summarises the key points of our presentation and the excellent feedback we received from attendees - we trust you find it useful and welcome your feedback.Cheers, Anthony Contact ABM Risk Partnership to optimise your risk management approach: email us: info@abmrisk.com.au Tweet us at @4RiskCme Visit our LinkedIn page https://www.linkedin.com/company/18394064/admin/ Thanks for listening to the show and please keep your guest suggestions coming!

Hey everyone, welcome back to the Hope is NOT a Plan podcast, Radical Candor in Risk Management | Five Minute Friday 02, I'm your host, Kevin Pannell. Today on Five Minute Friday, well, Saturday edition I suppose, I'm diving into a concept crucial for project success: Radical Candor and Risk Management. As an example, my radical candor is that I was traveling yesterday, got home, got some work done, then took advantage of time with my wife and kids. I apologize for not delivering on a Friday, but here we are, and here we go…Key Concepts:Not glossing over risksKim Scott's concept of Radical CandorInclude the teamHonesty in Project ManagementStay safe, wash your hands, and Godspeed y'all,Kevin

Welcome to this new episode of the podcast

In this episode, Anthony and Brett discuss how to manage risk in projects - be they big or small!Regardless of size, projects or programs have some very similar 'core' risks - making them ideal for using historical project performance to inform the risk identification process of the new project.We discuss the key elements organisations need to consider when managing project risk, whether the organisation is a frequent executor or projects or whether they only arise periodically.We hope this episode helps refine your project risk management outcomes!Contact ABM Risk Partnership to optimise your risk management approach: email us: info@abmrisk.com.au Tweet us at @4RiskCme Visit our LinkedIn page https://www.linkedin.com/company/18394064/admin/ Thanks for listening to the show and please keep your guest suggestions coming!

Play audio-only episode | Play video episode Click above to play either the audio-only episode or video episode in a new window. We welcome Dr. David Hillson to look at project risk management for business leaders and project leaders through the metaphor of a risk hurricane, which David introduced in his book Taming the Risk Hurricane. Risk management has become a standard part of the strategic tool kit, providing senior leaders with a forward-looking radar to scan the future and give early warnings of approaching threats and opportunities. However, even best-in-class organizations can falter in the face of extreme risk exposure. Special circumstances demand special responses, and extreme risk exposure needs very careful handling. Routine risk management approaches will fall short, but businesses that demonstrate a high degree of flexibility and resilience will have the competitive advantage and the ability to thrive where others fail.

In this episode, Val ventures in Han Solo fashion discussing the best value performance metrics approaches with Rich Plumery. Rich provides a non-linear and diverse background with which he credits his understanding of what works on projects. Rich discusses his findings and summation of the Project Controls 10 commandments Thou shall: 1) Eliminate systemic risks within the organization 2) Provide an unbiased objective view (verify ) 3) Focus more on critical risks and report on them more frequently 4) Keep risk management active and aware throughout the execution 5) Be where the work is more than where your desk is 6) Manage and report change rigorously and rapidly 7) More about analytical analysis than information production 8) Analyze trends and use leading indicators 9) Look forward with good planning and backward by using solid historical knowledge 10) Provide the best value by doing the other Nine Commandments (build credibility in our craft) You can also see further work here- https://www.linkedin.com/pulse/project-controls-ten-commandments-rich-plumery-pmp-evp/ Rich Plumery is an international speaker, published author and subject matter expert on project delivery and performance management. Rich is a Technical Board Director for the Association for the Advancement of Cost Engineering (AACE) International, which sets the guidelines for many of our industry practices. Rich has unique experiences outside the industry as he started and sold several businesses including a tactical supply business and sports performance coaching business teaching speed, power, agility and balance. This business coached hundreds of professional athletes and prepared over 200 college athletes for the NFL Combine. He also runs a foundation to support developmentally challenged adults in the local community. He has learned to apply many of the learnings from these unique experiences to capital project industry management and leadership. Rich has been with AECOM legacy companies since the late 80's and his expertise covers every aspect of project delivery including risk management, planning, scheduling, cost control, change management, budgeting, engineering, design, construction, construction management, operations, contracts, finance, estimating, and performance management. This has led Rich to be innovative in creating approaches to overcome some of the industry's toughest challenges such as the conundrum of Earned Value false reads and manipulation vulnerabilities. Rich's Best Value Performance Management system was revealed in his seminal Best Value paper in 2013 published by AACE International. His current Palms Up approach to project and operational leadership is another game changer for project-based industries and beyond. Rich is currently the Senior Vice President of AECOM's Project Delivery & Controls group for all the Americas regions. In his current role he is responsible for supporting project delivery (Project Management, Project Controls, Procurement, Quality, and Project Risk Management) for over 30,00 projects in the Americas and teaching and certifying over 7,000 Project Managers globally. Proudly sponsored by: JustDo - https://www.justdo.com/ InEight - https://ineight.com/ --- Send in a voice message: https://anchor.fm/project-chatter-podcast/message

Every March since 1987, Congress and U.S. Presidents have designated March as Women's History Month. This year, The Crude Life celebrates and honors their accomplishments and contributions in history with interviews and stories that center around women's experiences in industry.The Crude Life believes woman are vital in energy. Today more [...]

The podcast by project managers for project managers. For project managers who are ready to up their game with risk management, Prasad Kodukula clarifies Next-Generation Project Risk Management and talks us through six specific risk response tools that will help you manage risks more effectively. Table of Contents 02:03 … Meet Prasad03:19 … Next Generation Project Risk Management09:12 … Tool 1: Ambiguity Risks12:49 … Tool 2: Emergent Risks14:07 … Dealing with Unknown Unknowns18:40 … Tool 3: Opportunities23:07 … Tool 4: Integration of Cost and Schedule Risks24:34 … Communicating Risks to Upper Management28:59 … Tool 5: Adaptive Technique – Iterative and Incremental methods32:02 … Tool 6: Risk Response Strategies35:14 … Get in Touch with Prasad35:44 … Closing Prasad Kodukula:  We've got to break down those silos so that we can communicate more freely, more quickly across different functions because when we are talking about resiliency, we want to make sure that we could put together a cross-functional team very quickly that could work cohesively together. WENDY GROUNDS:  Welcome to Manage This, the podcast by project managers for project managers.  Listeners you can still claim your free PDUs.  The steps to submit a PDU for our podcast, as well as for our InSite courses to PMI, has changed.  Our PDU claim page has been updated with the new instructions.  Make sure not to use the autofill, but type in “Velociteach” and the title when you are submitting your PDUs.  We do apologize for the inconvenience. I am Wendy Grounds, and with me is Bill Yates.  Bill, today we're talking with Prasad Kodukula.  He is a PMI Fellow, a PMI advisor, thought leader, coach, author, and entrepreneur with more than 35 years of experience. BILL YATES:  Yeah, I think people will quickly figure out Prasad is an overachiever. WENDY GROUNDS:  Absolutely. BILL YATES:  He's taken three big awards with PMI:  the 2010 Distinguished Contribution Award, the 2016 Eric Jenett Project Management Excellence Award, the 2020 PMI Fellow Award.  So this guy is very well decorated. WENDY GROUNDS:  He is also a self-proclaimed global ambassador of project management.  He's spoken on project management and innovation leadership in nearly 50 countries, and I enjoy talking to him about South Africa.  He goes there quite often.  Unfortunately, with COVID, he hasn't been able to get there. BILL YATES:  Yes. WENDY GROUNDS:  But we were able to talk a little bit about South Africa, which was really cool. BILL YATES:  Talk about home. WENDY GROUNDS:  Yeah. BILL YATES:  Yeah.  So Prasad is going to talk with us today about one of the topics that's of keen interest to him and certainly to us.  He's going to look at risk management and describe six next-generation tools for risk management. WENDY GROUNDS:  Prasad.  Thank you so much for joining us. PRASAD KODUKULA:  Hello, Wendy.  Thank you for having me. Meet Prasad WENDY GROUNDS:  Prasad, with a Ph.D. in Environmental Engineering, you obviously did not set out in your career intending to become a project manager.  How did you discover that this was the path for you? PRASAD KODUKULA:  Well, that's an interesting question.  You are right, Wendy.  I did not start to make a project manager in my career.  And it happens with a lot of people.  It happened to me by accident.  So I call myself an “accidental project manager.”  So I started as an R&D engineer, and within two or three years they asked me to manage projects.  I didn't know anything about it.  I said sure.  Sounded like a pretty good idea, sounded like a nice title to have, so I became a project manager by sheer accident. BILL YATES:  That's hilarious because, you know, you think, okay, here's Prasad, an accidental project manager, which you've won three amazing awards with PMI.  You're a PMI Fellow, which is really the feather on the top of the cap.  That's an amazing award.

The podcast by project managers for project managers. For project managers who are ready to up their game with risk management, Prasad Kodukula clarifies Next-Generation Project Risk Management and talks us through six specific risk response tools that will help you manage risks more effectively. Table of Contents 02:03 … Meet Prasad03:19 … Next Generation […] The post Episode 123 – Next-Generation Project Risk Management appeared first on PMP Certification Exam Prep & Training - Velociteach.

In this episode, Dale & Val talk to Michael Lepage & Nate St. John about "How Technology is driving Next-Gen Project Risk Management". Are we ready for advanced technology? Do we have the capabilities, appetite and behaviours to take full advantage of tech? Find this out and more as we explore what is possible in this episode...Michael Lepage:Michael is the Chief Learning Officer and founder of Plan Academy, an online training provider for construction & engineering companies. He’s been a project controls trainer & consultant for the last 14 years and has taught 1000s of students how to use the popular Primavera P6 project management software package.Michael loves to train, lead live events & record training videos. When he isn’t recording video tutorials or looking for lag in a Primavera P6 schedule, he’s probably chasing after his 2 sons or strumming his guitar. Contact Michael at PlanAcademy.comProject Chatter Exclusive: get $75 off any course by heading to https://www.planacademy.com/chatterNate St. John:Nate began his construction journey working as a general laborer. After some time spent learning the trades, he went on to study Landscape Architecture and Construction Management. He later became a Construction Manager for a large Owner, overseeing capital improvement projects. He was then recruited by one of the largest Construction and Engineering firms in North America, where he sat on the corporate steering committee for planning and scheduling. Nate has first-hand experience with: pre-planning, baseline development, progress and execution, and closeout. He has worked on programs ranging from $2M to $6B dollars. He later became a trusted internal advisor for all-things-scheduling, in particular conducting forensic analysis and providing guidance during project claims.Nate was brought over to InEight by Dr. Dan Patterson, where they co-facilitated Risk Workshops. He is currently the Head of Product for Planning, Scheduling, and Risk at InEight. Contact Nate at Nate.StJohn@ineight.com#PAYITFORWARDJoin us today at https://www.projectchatterpodcast.com/ for access to bonus content!Don't forget to buy some Project Chatter merch in our Charity Shop, where all profits are donated to our charity partners.This podcast sponsored by:JustDo.comPlanAcademy.comget $75 off any course by heading to https://www.planacademy.com/chatterOur socials:Twitter | Facebook | Instagram | LinkedIn | YouTube

In this episode, Dale & Val talk to Dr. David Hulett about the Journey Map to a more mature Schedule Risk Analysis Process. This episode is in collaboration with the Project Controls Expo where Dr. Hulett will be speaking at the UK event.Dr David Hulett takes us through the 6 levels of maturity and provides some fascinating insights from his experiences over the decades. If you're slightly interested in Project Risk Management then this is definitely for you!Dr. David Hulett bio:Dr. David Hulett is recognized as a leader in developing concepts and methods for quantitative project cost and schedule risk analysis and applying them on large commercial and government projects. He has conducted many project risk analyses and has developed and presented training courses focusing on quantifying the risks and their implications for project cost and schedule results. He works with companies developing the most modern sophisticated, powerful, and fast software for schedule and integrated cost-schedule risk analysis using Monte Carlo methods. He has performed many schedule assessments benchmarking schedules against GAO’s Scheduling Guide best practices.Dr. Hulett was admitted as a Fellow of the Association for the Advancement of Cost Engineering (AACE) International in 2015. He received the Brian D. Dunfield Educational Service Award from AACE in 2018.Register at Project Controls Expo to see Dr. Hulett speak live!#PAYITFORWARDJoin us today at https://www.projectchatterpodcast.com/ for access to bonus content!Don't forget to buy some Project Chatter merch in our Charity Shop, where all profits are donated to our charity partners. This podcast sponsored by:JustDo.comPlanAcademy.com get $75 off any course by heading to https://www.planacademy.com/chatterOur socials:Twitter | Facebook | Instagram | LinkedIn | YouTube

Christian Smart joined me on the Acquisition Talk podcast to discuss his new book, Solving for Project Risk Management. He is the chief scientist at Galorath Federal, and before that he was the cost chief at the Missile Defense Agency. We touch on a number of important issues, including: - Whether Augustine's Laws still have relevance - The track record of NASA's better, faster, cheaper program - How to do cost estimates on data projects like AI/ML - Whether the DoD is trying to jam too many programs into the budget - The effect of MDA's matrixed organizational design In his book, Christian talked about a prevailing belief in the 2000s that the Department of Defense could benefit from a "free lunch" when it funded to portfolios of projects. Similar to how diversification between uncorrelated assets gives investors the chance to get the same return with lower risk (or a higher return for the same risk), funding a group of projects at the 60th percentile cost estimate could achieve an 80 percent confidence level for the portfolio overall. Christian argues that projects have asymmetric probability distributions for cost and schedule. You are more likely to see black swans in the cost growth direction than you are in cost savings. When more projects are put under a portfolio, the likelihood that one of them will have relatively extreme cost growth increases. We discuss the implications of this result, and what procedures managers can take to mitigate or even remedy the effects. This podcast was produced by Eric Lofgren. Soundtrack by urmymuse: "reflections of u". You can follow us on Twitter @AcqTalk and find more information at AcquisitionTalk.com.

Project Risk Management by Ashraf Ali

In this episode of the corporate lounge session Mr. Vivek Sonar, PMP, RMP, an Industry experts and risk management practitioners to share views and exchange opinions on risk management topic.

80% of Project Management is risk management.

Learn best practices as well as, how to proactively manage projects by planning how your team will manage project threats.

Play Now: Dr. David Hillson Definitions are a useful starting point, but what do you really think when you hear the word risk? How does it make you feel? What about related words like "uncertainty," "threat" or "opportunity"? Building on established neurolinguistic theories of word/image association, this session will explore underlying tensions in the way practitioners think and feel about risk. Discover the surprising truth, and compare yourself with your peers. And of course, this episode is relevant to risk management in agile projects as well, just in case you were wondering. This interview with Dr. David Hillson was recorded at the PMI® Global Conference 2019 in Philadelphia, Pennsylvania, USA. We discuss his research and insights into what you truly think about when you hear the words "risk" and "opportunity" using the Bouba/Kiki Effect. This is the kind of information you won't find in the Practice Standard for Project Risk Management but it's so useful when thinking and talking about risk with project stakeholders. You will see and understand why it's hard to include opportunities in an integrated risk management process and discover your own underlying perceptions of risk, and the implications for your risk management behavior. The insights will change how you think about risk management critical success factors. Enjoy the episode!

Do you know what certifications in project risk management are available? Are you interested to know how you can become a certified risk management professional? Listen to this podcast to learn which certification(s) you can pursue in project risk management and what the eligibility requirements for each certification is. Get the full video training, summary, transcript, podcast link, mp3 download, shareable quotes, and other posts related to this episode and topic at https://www.projectcontrolacademy.com/certifications-project-risk-management/ 

Risk management is a key step in maintaining our profitable construction business. Risk management is reviewing and planning for the what-ifs. RM should be considered in each phase of a project from selecting to closeout. Risk Management is about analysis and planning. Be prepared for the important what-ifs.

Notes and Podcast info from the PMlessonsLearned.com Conference Call:Topic: PMLL Project Risk Management - Part 2, PMBOK 5e (PMPExamPrep)PMlessonsLearned.com founder and PM Best Practices host: Henry Will, PMPPMlessonsLearned.com PMPExamPrep host: Dana Safford, PMPPresenter: Dana Safford, PMPDate of Conference Call: 04Dec2014Podcast Number: 0168MP3 / Podcast: Download the MP3 or Listen on Internet Archiveor subscribe to our podcast on iTunes.If you're studying for the PMP Exam, you may want to listen to the MP3s of past PMP Exam Study Group conference calls. They're located in our Archive (see the link on our website).PRESENTATION:Prior to the call, the presentation will appear on the PM Lessons Learned group in Yahoo Groups (note: it may not be posted until just before the call). The directions to obtain the presentation are at PMlessonsLearned.com - on the left hand side of the webpage follow the link titled "Files and Presentations" to see directions for obtaining the presentation.NOTES FROM THE CALL:On July 31st 2013, the Fifth Edition of the Guide to the Project Management Body of Knowledge, also called the PMBOK Guide, became the basis for the Project Management Professional or PMP exam. This month’s PMP Study Group call continues the deep-dive into the PMBOK Fifth Edition or 5e. In this session, we will begin the focus on the Project Risk Management knowledge area, as we look at the last three processes that belong to the Project Risk Management knowledge area as laid out in the Fifth edition. Dana Safford, PMP, will provide insight and practical examples of everything you need to know to build your critical knowledge mass and pass the PMP exam on the first attempt.====================================Please join us for a future conference call (they're all free and open to all). We currently have several calls a month. See our calendar of future calls via the link on our website.If you're looking for a PM job, we invite you to join our FREE PM JOB SHOP conference calls.Join the Yahoo Group here: http://groups.yahoo.com/group/pmjobshopWe highly recommend that you join the free PM Lessons Learned Yahoo group in order to get announcements of our calls and other information to further your PM career.http://groups.yahoo.com/group/pmLessonsLearnedJoin our Yahoo group for details, reminders of the calls, and information to help you in your PM Career. Visit the website for details.PMlessonsLearned.com - Project Managers helping Project Managers make a difference. Open to all.Visit us at pmlessonslearned.com

Notes and Podcast info from the PMlessonsLearned.com Conference Call:Topic: PMLL Project Risk Management - Part 1, PMBOK 5e (PMPExamPrep)PMlessonsLearned.com founder and PM Best Practices host: Henry Will, PMPPMlessonsLearned.com PMPExamPrep host: Dana Safford, PMPPresenter: Dana Safford, PMPDate of Conference Call: 04Dec2014Podcast Number: 0167MP3 / Podcast: Download the MP3 or Listen on InternetArchive or subscribe to our podcast on iTunes.If you're studying for the PMP Exam, you may want to listen to the MP3s of past PMP Exam Study Group conference calls. They're located in our Archive (see the link on our website).PRESENTATION:Prior to the call, the presentation will appear on the PM Lessons Learned group in Yahoo Groups (note: it may not be posted until just before the call). The directions to obtain the presentation are at PMlessonsLearned.com - on the left hand side of the webpage follow the link titled "Files and Presentations" to see directions for obtaining the presentation.NOTES FROM THE CALL:On July 31st 2013, the Fifth Edition of the Guide to the Project Management Body of Knowledge, also called the PMBOK Guide, became the basis for the Project Management Professional or PMP exam. This month’s PMP Study Group call continues the deep-dive into the PMBOK Fifth Edition or 5e. In this session, we will begin the focus on the Project Risk Management knowledge area, as we look at the first three processes that belong to the Project Risk Management knowledge area as laid out in the Fifth edition. Dana Safford, PMP, will provide insight and practical examples of everything you need to know to build your critical knowledge mass and pass the PMP exam on the first attempt.====================================Please join us for a future conference call (they're all free and open to all). We currently have several calls a month. See our calendar of future calls via the link on our website.If you're looking for a PM job, we invite you to join our FREE PM JOB SHOP conference calls.Join the Yahoo Group here: http://groups.yahoo.com/group/pmjobshopWe highly recommend that you join the free PM Lessons Learned Yahoo group in order to get announcements of our calls and other information to further your PM career.http://groups.yahoo.com/group/pmLessonsLearnedJoin our Yahoo group for details, reminders of the calls, and information to help you in your PM Career. Visit the website for details.PMlessonsLearned.com - Project Managers helping Project Managers make a difference. Open to all.Visit us at pmlessonslearned.com

From the Management news series: academics from Southampton deliver a week long programme to French business students, and why Southampton academics are considered European specialists in Project Risk Management; and find out more about the new links and exchange opportunities underway with the Ecole de Management, Le Havre.