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Exploring the realities of opportunity management

Risk SIG Conference - 23 February 2023
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Exploring the realities of opportunity management

Risk SIG Conference - 23 February 2023

Headline sponsor Barbecana 

In the summer of 2022, the APM Risk SIG, in conjunction with TU Delft (The Netherlands), carried out ground-breaking research into opportunity management as part of the overall project risk management process.

The findings of the research revealed a number of notable areas where, what is defined in the standards and written in text books, does not in fact match what's happening. Put quite simply, few organisations do it, some have tried and failed, while others don't believe in it.

This conference will discuss the findings and explore the issues that have been unveiled.

Join us

Date: 23 February 2023

Time: 09:00-17:00

Venue: Crowne Plaza, London

Barbecana logo

Who should attend?

1. Anyone interested in improving the way risks are managed on their projects.

2. Risk practitioners who want to enhance and explore opportunity management.

3. Anyone interested in the proactive management of opportunities (upside risks).

Why attend?

1. Gain first-hand understanding of the groundbreaking research findings and their implications for the risk management profession.

2. Hear from leading practitioners and experts on their experience in opportunity management and the lessons learned.

3. Benefit from insights on how opportunities can be managed, where difficulties might be encountered and how they can be overcome.

Agenda summary

  • Risk management: Where does Opportunity fit?
  • The asymmetry between threats and opportunities in project risk management
  • Results from a survey among APM corporate members
  • Living the dream - Pursuit of opportunities
  • Value engineering and opportunity maximisation
  • Finding opportunities across Network Rail’s investment portfolio

Breakout sessions

  • Language of risk
  • We say we do, but we don't - difficulties
  • Early life cycle only, associated with optimism bias

Speakers

  • Keynote: Greg Paoli, Principal Risk Scientist, COO, Risk Sciences International

  • Robert Balaam, Senior Risk Manager, and Co-Chair, APM Risk SIG Committee

  • Chris Blockley-Webb, DRA Assistant Head of Risk, UK Ministry of Defence, and Member, APM Risk SIG Committee

  • Alice Bullington, PTE Project Risk Management, Shell

  • Alex Deas, Programme Director (Risk, Value & Assurance), Network Rail

  • Estelle Detrembleur, Associate Director - Project Controls, Mace Group, and Co-Chair, APM Risk SIG Committee

  • Dr Sara Hasani, Academic, Researcher, and Member, APM Risk SIG Committee

  • Peter Simon, Director at Lucidus Consulting Limited, and Member, APM Risk SIG Committee

  • Alexander Verbraeck, Professor of Systems and Simulation, Delft University of Technology

  • Julie Warriner, Chair, Institute of Value Management, and Associate Director (Risk), Turner & Townsend
Headline Sponsor

BarbecanaBarbecana logo

Barbecana is a software developer specializing in Schedule Risk Analysis and Schedule Quality validation for customers where realistic schedule forecasts are a critical business requirement.

Trusted by all major western companies in the Aerospace, Defense and Space sectors along with medical devices and pharmaceuticals, our software is inexpensive, fast, and easy to use.

Our software performs the analysis against the source schedule in Microsoft Project or Primavera P6, avoiding data migration and saving results where they can be most useful.

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Exhibitor

nPlannPlan logo

Imagine if you could predict the outcomes of any project before you even begin and use that information to provide assurance, mitigate risks and capture opportunities. This could mean a world where we are able to deliver projects on time and within budget. nPlan uses artificial intelligence to build an understanding of how projects are executed, and uses that knowledge to provide schedule certainty by highlighting risk and suggesting optimal execution paths.

nPlan is based in London and was co-founded by Dev Amratia and Alan Mosca in October 2017.
To date, the company has signed agreements with some of the largest infrastructure owners and contractors around the world including Shell, ExxonMobil, Kier, BAM, Google, Deutsche Bahn and Network Rail. 

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Exhibitor

SafranSafran logo

Safran is a leading international risk, project, and portfolio management software company, headquartered in Stavanger, Norway. An international sales team based in the UK is supported by a network of international partners and resellers. Safran has additional offices in New York, London, and Oslo.

Safran has a client portfolio of Fortune 500 Global customers, many from the Engineering & Construction, Energy, and Infrastructure & Transportation sectors, and new customers have been signed up globally both directly and through international partners and resellers.

Since 1997, Safran has worked closely with its customers to understand the complex requirements of planning and project controls software. Risk management has been a key part of Safran’s value add and is a strong differentiator, and a new product was launched in early 2021 to further extend the range of the Risk portfolio.

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Risk Specific Interest Group

The Risk SIG provides a forum in which to share knowledge and ideas, develop expertise and understanding, foster ‘best practice’ and actively promote the adoption of project risk management.

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