New Video: Project Risk Management in Oil and Gas Industry

June 19, 2015 New Video: Project Risk Management in Oil and Gas Industry In light of recent drop in oil prices, improving efficiencies of oil and gas exploration, development and production has become very critical. Project risk management is proven to be perhaps the most cost effective and easiest to implement method to improve project performance and reduce cost. Still many oil and gas companies do not employ effective project risk management processes. This video demonstrates the basic steps of project and portfolio risk management process: New video is posted here: http://www.intaver.com/index-videos.html

New Intaver Institute's White Paper

June 16, 2015 New Intaver Institute's White Paper Intaver Institute published new white paper: Emotions in Project Management. In this paper we will learn about how decisions in project management are affected by our emotions. People make choices under the influence of emotions all the time. Emotions can lead to mental mistakes; mental mistakes lead to low quality decisions. We will not attempt a comprehensive review of human emotions; instead, we will explain why even the most emotionally intelligent people make irrational decisions when they find themselves in stressful situations. We will also provide few choice engineering ideas that will help you to mitigate the negative impact of emotions on your decisions in project management. http://www.intaver.com/Articles/Article_EmotionsInProjectManagement.pdf

New webinar: Creating Risk Adjusted Project Plans for Aerospace and Defence Projects

June 9, 2015 New webinar: Creating Risk Adjusted Project Plans for Aerospace and Defense Projects New webinar is scheduled for Tuesday, September 8, 2015. Aerospace and defense project teams are faced with large and complex projects, which present more risk and uncertainty than previously experienced. Project teams are asked to deliver projects on time, budget, and scope and this task is made much more difficult when these targets are not realistic. Project plans that do not actively manage risks and account for uncertainties are unrealistic and therefore unattainable. Creating risk adjusted project plans allows you to create schedules and cost estimates that are resilient with sufficient, yet realistic contingencies that will protect key project objectives. This webinar will show you how to: - Assess the impact of risk events on key project objectives using quantitative risk analysis - Create risk response plans that reduce the impact of risks - Assign uncertainties to schedule and cost and run Monte Carlo simulations to determine cost and schedule variances due to uncertainties - Build realistic risk adjusted schedule and cost baselines with contingencies and management reserves based upon the analysis of project risk To register for webinar please click here: https://attendee.gotowebinar.com/register/4168586496246735106