We will explore how to assess uncertainties in project planning, completion dates, and budgets.
Further, introduce some AI use cases for inspiration, highlighting how Monte Carlo simulations can be enhanced.
Why should you attend?
You’ll get inspired about:
- Calculation of contingencies for risk robustness
- Be more concrete on how to use Monte Carlo simulations
- Working with ranges – instead of single point assessments
- Flaw of averages – cure the problem of treating risk of average calculations
- Budgets, contingencies, reserves – in an intelligent way
Further:
- Improve decision making
- Be prepared for the future
- Improve realism and chances for success in decisions for business
Potential participants
- Project managers, program managers, PMO directors, CFOs
- Risk managers, planners
- Cost estimators, project controllers, planners, project owners
- People in bidding, insurance, concession, consultants
- Decision makers and others dealing with risk management
Speaker: Professor Hernan Huwyler, MBA CPA
Head of Risk and Control, IE Academic Director in Artificial Intelligence, Predictive
Analytics, Governance, Compliance, Quantitative Risk, Audit, Cybersecurity,
SAP, Fraud, SOX
Hernan is a very experienced expert in risk management, helping large international
companies in improving risk management and how to combine this with AI.
Outcome
Participants will get inspired in new ways to do risk management in practical terms.
Further, participants will receive free, customizable tools to calculate the likelihood of meeting project deadlines and budgets.
