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Uncertainty, Complexity, and Risk in Projects

Uncertainty, Complexity, and Risk in Projects

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Program Highlights

  • 9 Modules & Sub-modules

  • Gain a valuable insight of Uncertainty, Complexity, and Risk in Projects

  • PRM Process: SHAMPU, PMBOK, and RAMP

  • Program to be held at the Indian Institute of Management, Ahmedabad

  • Avail an early bird discount before 18th Mar, 2019

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Mode of learning: Classroom

Program Overview

What is this program about ?
  • Emerging economies in Asia and India are going through major transformation. While about 70 trillion dollars' worth of projects are being executed in the world, a majority of these projects will require new knowledge in managing projects that goes beyond critical path, network diagram and conventional Project Risk Management (PRM) as practiced by Project Management Book of Knowledge (PMBOK).

What are the program deliverables ?
  • Acquaint the participants with three types: Variations, foreseen and unforeseen uncertainties

  • Discuss issues related to risk identification, risk analysis, and risk response planning in projects in mitigating cost and time overrun

  • Develop knowledge about system, task, and organizational level complexities

  • Discuss various statistical principles in risk management and introduce new concepts of cumulative impact factor and cumulative likelihood factors, risk cost, risk time, corrective cost, corrective time, expected cost, and expected time

  • Integration of Project Risk with Financial Risk

  • Develop the Profile of PRM in Variation, Foreseen and Unforeseen Uncertainty, and Complexity

Who should Attend?
  • Designation Level: Head, Manager, Senior Manager, GM, DGM, AGM, CGM, VP, AVP, Director, Executive Director,CEO

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