Risky Business / Keep it Simple
How can we explain risk in a very simple, transparent way?
On 10th March 2015, APM’s Aberdeen Chapter hosted an evening event on Practical Risk Assessment at the Robert Gordon University.
Simon White presented an engaging presentation. He has developed a practical and transparent approach, which customers find very valuable, and he gave a live presentation on the night, taking risks from the audience to run his model in real time. The output was simple to understand.
“Risk assessment is often a corporate requirement, but it can add so much more value by providing the project team with a framework in which they can document and refine their knowledge of the uncertainty surrounding the project. Project stakeholders can use the data to have honest discussions and negotiations, to establish reasonable expectations around the outcome of the project.” - Simon White.
There was high engagement from the audience – students and project practitioners - and it was clear that the challenge of describing risk in a simple, visual way for key stakeholders is very relevant.
Several events are held at the university during the year, connecting students with business.
If you want to hear about this and other similar initiatives, please get in touch.
Simon is a project risk management consultant with over 20 years’ experience in helping organisations to understand and manage risk to their projects’ schedule and cost. He has worked in a wide variety of industries and major projects, and spent three years as UK Risk Analyst for ConocoPhillips, before which he was Senior Risk Management Consultant and trainer for Pertmaster, Primavera and Oracle. Simon is recognised as a leading practitioner of risk assessment, management and analysis.
Simon has very kindly shared the slide material from the evening.
Practical project risk assessment by Simon White