{"id":23390,"date":"2023-01-09T17:59:26","date_gmt":"2023-01-09T17:59:26","guid":{"rendered":"https:\/\/pmiksa.sa\/?post_type=tribe_events&amp;p=21624"},"modified":"2023-01-09T17:59:26","modified_gmt":"2023-01-09T17:59:26","slug":"project-risk-evolved-integrating-cost-and-schedule-risk-analysis-2","status":"publish","type":"tribe_events","link":"https:\/\/new.pmiksa.sa\/en\/event\/project-risk-evolved-integrating-cost-and-schedule-risk-analysis-2\/","title":{"rendered":"Project Risk Evolved: Integrating Cost and Schedule Risk Analysis"},"content":{"rendered":"\n\n\n<ul class=\"wp-block-social-links aligncenter has-normal-icon-size is-style-default is-horizontal is-content-justification-center is-layout-flex wp-container-core-social-links-is-layout-937ffba9 wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-linkedin  wp-block-social-link\"><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/pmi-ksa-chapter_webinar-projectrisk-riskmanagement-activity-7017854869575221249-zEZI?utm_source=share&#038;utm_medium=member_desktop\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M19.7,3H4.3C3.582,3,3,3.582,3,4.3v15.4C3,20.418,3.582,21,4.3,21h15.4c0.718,0,1.3-0.582,1.3-1.3V4.3 C21,3.582,20.418,3,19.7,3z M8.339,18.338H5.667v-8.59h2.672V18.338z M7.004,8.574c-0.857,0-1.549-0.694-1.549-1.548 c0-0.855,0.691-1.548,1.549-1.548c0.854,0,1.547,0.694,1.547,1.548C8.551,7.881,7.858,8.574,7.004,8.574z M18.339,18.338h-2.669 v-4.177c0-0.996-0.017-2.278-1.387-2.278c-1.389,0-1.601,1.086-1.601,2.206v4.249h-2.667v-8.59h2.559v1.174h0.037 c0.356-0.675,1.227-1.387,2.526-1.387c2.703,0,3.203,1.779,3.203,4.092V18.338z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">LinkedIn<\/span><\/a><\/li><\/ul>\n\n\n\n<p><br><strong>Webinar Details<\/strong><br><br><strong>Name<\/strong>: Doug Oldfield.<br><strong>Position<\/strong>: Director, The Ferryfield Group.<br><\/p>\n\n\n\n<p><strong>Brief<\/strong>:<br>Doug Oldfield is a Director of The Ferryfield Group, an organization which specializes in providing services to clients in the fields of quantitative risk analysis, risk management, and informed decision-making.<br>He has been working in risk since 2008, primarily in the Middle East region, when he joined Palisade, the makers of the @RISK software. Over the years has worked with clients in industries ranging from energy, finance, and construction, through to aerospace\/defense, utilities, and telecommunications.<br>Doug estimates that he has given more than 1,500 presentations on how organizations can use Monte Carlo simulation to improve their decision-making capabilities.<br>He is a passionate advocate of the importance of performing quantitative risk analysis, and over the years has been a regular speaker on the topic at conferences worldwide. He has also delivered numerous workshops, training sessions, and consultancy engagements, on how to apply best practices &amp; principles in modelling cost and schedule risk within the project \/ program \/ portfolio space.<br><\/p>\n\n\n\n<p><strong>Description<\/strong>:<br>The project controls world is often one of silos. It\u2019s common to find teams analyzing cost, schedule, and risk separately, because there hasn\u2019t been a compelling enough reason &#8211; or easy method \u2013 for linking them together more holistically.<br>In recent years there\u2019s been a shift in best practices, and there\u2019s now increased awareness about the benefits of running an integrated cost &amp; schedule risk analysis. This presentation will explore how things have been done in the past, why a move towards a more joined-up approach is something that companies are increasingly keen to do, and what it might look like in practice.<br><br><strong>Objectives<\/strong>:<br>&#8211; Understand current best practices when running integrated cost and schedule risk analysis, and the importance of a joined-up approach.<br>&#8211; Key differences between estimating uncertainty and risks, and how they impact upon cost and\/or schedule.<br>&#8211; Understanding how to interpret scatter plots showing the interplay between cost and schedule.<br>&#8211; Understanding the principles behind JCLs (Joint Confidence Levels), how they\u2019re calculated, and how we can use them for contingency proposals and analysis.<br><\/p>\n\n\n\n<p><strong>Zoom link:<br><\/strong><a href=\"https:\/\/us06web.zoom.us\/webinar\/register\/WN_0yfmc5NwReuN0rplf5tdvw\">https:\/\/us06web.zoom.us\/webinar\/register\/WN_0yfmc5NwReuN0rplf5tdvw<\/a><br><\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/pmiksa.sa\/wp-content\/uploads\/2023\/01\/11-JAN-Webinar-1.jpg\" alt=\"\" class=\"wp-image-21627\" width=\"987\" height=\"591\" srcset=\"https:\/\/new.pmiksa.sa\/wp-content\/uploads\/2023\/01\/11-JAN-Webinar-1.jpg 800w, https:\/\/new.pmiksa.sa\/wp-content\/uploads\/2023\/01\/11-JAN-Webinar-1-300x180.jpg 300w\" sizes=\"(max-width: 987px) 100vw, 987px\" \/><\/figure>\n\n\n\n<p><br><strong>Webinar presentation:<\/strong><\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-5a02c2fe-20b2-456b-8501-ca41f5809636\" href=\"https:\/\/pmiksa.sa\/wp-content\/uploads\/2023\/01\/PMI-KSA-presentation-integrated-cost-schedule-risk-analysis-1.docx\">PMI-KSA-presentation-integrated-cost-schedule-risk-analysis-1<\/a><a href=\"https:\/\/pmiksa.sa\/wp-content\/uploads\/2023\/01\/PMI-KSA-presentation-integrated-cost-schedule-risk-analysis-1.docx\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-5a02c2fe-20b2-456b-8501-ca41f5809636\">Download<\/a><\/div>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Webinar Details Name: Doug Oldfield.Position: Director, The Ferryfield Group. Brief:Doug Oldfield is a Director of The Ferryfield Group, an organization which specializes in providing services to clients in the fields [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21630,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"TEC\\Tickets\\Commerce\\Module","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_tribe_events_status":"","_tribe_events_status_reason":"","_tribe_events_is_hybrid":"","_tribe_events_is_virtual":"","_tribe_events_virtual_video_source":"","_tribe_events_virtual_embed_video":"","_tribe_events_virtual_linked_button_text":"","_tribe_events_virtual_linked_button":"","_tribe_events_virtual_show_embed_at":"","_tribe_events_virtual_show_embed_to":[],"_tribe_events_virtual_show_on_event":"","_tribe_events_virtual_show_on_views":"","_tribe_events_virtual_url":"","footnotes":"","_tec_slr_enabled":"","_tec_slr_layout":""},"tags":[],"tribe_events_cat":[14,12],"class_list":["post-23390","tribe_events","type-tribe_events","status-publish","has-post-thumbnail","hentry","tribe_events_cat-conferences","tribe_events_cat-webinars","cat_conferences","cat_webinars"],"ticketed":false,"_links":{"self":[{"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/tribe_events\/23390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/tribe_events"}],"about":[{"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/types\/tribe_events"}],"author":[{"embeddable":true,"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/comments?post=23390"}],"version-history":[{"count":0,"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/tribe_events\/23390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/media\/21630"}],"wp:attachment":[{"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/media?parent=23390"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/tags?post=23390"},{"taxonomy":"tribe_events_cat","embeddable":true,"href":"https:\/\/new.pmiksa.sa\/en\/wp-json\/wp\/v2\/tribe_events_cat?post=23390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}