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

Intaver Institute at EVM World 2015 Workshop

May 29, 2015 Intaver Institute at EVM World 2015 Workshop Intaver Institute presented its #RiskyProject project #risk analysis and #riskmanagement software at EVM World 2015 Workshop, May 27 – May 29, 2015 in Hyatt Regency New Orleans. The EVM World 2015 Workshop was focused on project performance techniques, including earned value management (EVM). The workshop provided training, current topics from practicing professionals, access to world leaders in project performance management, networking, and the latest in #software and consulting to make program and project successful. http://www.intaver.com/index-news.html

Intaver Institute at World Congress on Risk, Singapore, July 19-23, 2015

May 18, 2015 Intaver Institute at World Congress on Risk, Singapore, July 19-23, 2015 Intaver Institute will present RiskyProject software and Event Chain Methodology at World Congress on Risk 2015 in Singapore, 19 July 2015 to Thursday, 23 July 2015. The World Congress on Risk 2015 will be the fourth in the series of World Congresses organized by the Society on Risk Analysis (SRA) and its partner organizations. The overall theme of the 2015 World Congress will be Risk Analysis for Sustainable Innovation, highlighting sessions that identify ways that risk analysis can assist private and public policy makers facing complex and uncertain challenges while maintaining innovation and development. Special emphasis will be placed on the role of risk analysis as a tool for policy making and tradeoffs in situation of limited resources and extreme challenges that are characteristic of developing countries. For more information about World Congress on Risk 2015 please visit click here: http://www.sra.org/worldcongress2015

Managing Project Risks: Why, When and How

May 4, 2015 New webinar: Managing Project Risks: Why, When and How New webinar is scheduled for Tuesday, May 12, 2015. The webinar demonstrates how to establish effective and relatively simple process of managing project and portfolio risks in organizations. The process is based on “3C” principle: - Consistency –project and portfolio risks are managed in a consistent fashion - Comprehensive – all risk related to different project and portfolio objectives should be managed - Continuity – risks need to be managed over time In the webinar, you will see how to put the 3C principle as part of the important elements of project and portfolio risk management process: - Setting up risk registers and identification of risks - Defining risk properties and risk costs - Identification risk probabilities and impacts - Assessment of risk criticality - Risk mitigation and response planning To register for webinar please click here: https://attendee.gotowebinar.com/register/8025764545950631681

New RiskyProject video: Risk Corrections

April 20, 2015 New RiskyProject video: Risk Correlations. The video shows what is risk correlations and how to use it in schedule and cost risk analysis. RiskProject includes risk correlations feature. Risks assigned to activities within a project schedule can be correlated with each other. For example, one risk can trigger other risks, or different risks can occur at the same time. In RiskyProject you can define correlations of different risks or the same risk assigned to different activities. Risk correlations can significantly affect result of risk analysis. New video is posted here: http://www.intaver.com/index-videos.html http://www.intaver.com/index-news.html