PMIWDC M2D2 | A Practical Approach for Managing Risk/Uncertainty in Projects: Unified Risk Management Model (URM2)

About the Program

Over the past couple of decades, the concepts of risk and uncertainty rightfully have been the focus of attention for researchers and practitioners of project management alike. Plenty of high quality research has been generated, however little practical solutions have emerged. In this presentation we go over generic project risk management process and show that, any project requires a very dynamic project management approach which has an integrated risk management component. The presentation provides a generic approach for addressing and managing uncertainty in execution of small to large and complex projects. We discuss the available tools and techniques of risk management and how to set duration buffer and contingency budget for projects using a simple practical approach. The method known as URM2 or Unified Risk Management model.

Event Details

Date & Time

14 November 2022

12:00 PM - 1:00 PM (EST-05:00)

Location

Virtual Event

Price

Members: 0

Non-Members: 0

Registration is complimentary.

PDUs

1.00 Ways/Working

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