This track refers to presentations related to decision management.
It also includes subjects related to the identification, assessment, and
management of risk; including topics such as contingency, management reserve,
and escalation.
Decision and Risk Management (RISK)
146 Course items
(RISK-2404) Holistic Project Assessment (HPA)
(RISK-2406) Practical Risk Management for Airport Projects Case Study
(RISK-2441) Integrated Cost-Schedule Risk Analysis Using Monte Carlo Simulation
(RISK-2442) Numerical Bias of Risk Teams vs. Project Actual Bid Results
(RISK-2445) Risk and Uncertainty Practices in GAO’s Best Practice Guides
(RISK-2459) (Panel Discussion) DRM Special Track on Quantification Methods
(RISK-2470) From Activity-Based Ranging to Risk Driver Approach
(RISK-2473) Lessons Learned in Completing a Tailored Project Risk Management Assessment Tool
(RISK-2488) A Rationale for Lean Models for Quantitative Schedule Risk Analyses
(RISK-2505) Fully Integrated Cost Schedule Model – A Stochastic Alternative
(RISK-2510) Modelling Realistic Outcomes Using Integrated Cost and Schedule Risk Analysis
(RISK-2511) Role of Project Novelty, Execution and Bias in Risk Quantification
(RISK-2515) Realistic and Practical Project Risk Quantification (without CPM)
(RISK-2516) Variability in Accuracy Ranges: A Case Study in the Canadian Power Transmission Industry
(RISK-2523) Application of Chaos in Megaproject Risk Analysis Models
(RISK-2555) Contingency Cage Match: Simultaneous Contingency Assessment Methods, A Case Study
(RISK-2570) An Engineering Approach to Schedule Risk Assessment
(RISK-2592) Integrated Cost/Schedule Risk Analysis for Pre-Concept Alternatives Analysis/Technology Selection
(RISK-2596) Backward-Looking Schedule Risk Analysis - Determining Acceptable Variability in Project Start
(RISK-2694) An Innovative Approach to Escalation Risk Mitigation
(RISK-2700) Quantitative Cost Risk Analysis at Bid Stage
(RISK-2701) Risk Dependency Analysis in Complex Projects
(RISK-2342) (Panel Discussion) An Interviewing and Risk Analysis Process for a Risk Workshop
(RISK-2249) Practical Integration of Risk Management and Quality Management Processes
(RISK-2238) Risk Mitigation in EPC Projects of Fossil-Fuel Power Plants
(RISK-2196) Removing the Early-Dates Bias in CPM Risk Analysis
(RISK-2142) The Monte Carlo Method for Modeling & Mitigating Systemic Risk
(RISK-2130) An Introduction to 77R‐15: Quality Control/Quality Assurance for Risk Management
(RISK-1822) Delay Principles Based on Completion Risk
(RISK-1870) Owner's Risk in a Public-Private Partnership Project
(RISK-1939) Risk Monitoring and Control in Construction Projects
(RISK-1955) Risk Management Capability Assessment
(RISK-1964) If at First You Don't Succeed, Then Try Risk Workshops
(RISK-1987) Joint Project Time and Cost Risk Analysis
(RISK-1993) What To Do with Unknowns in Schedule Risk Analysis?
(RISK-2054) Risk-Based Estimate and Risk Treatment Planning
(RISK-1504) Critical Decision Making for Project Planners and Controllers
(RISK-1522) Construction Risk Estimating and Management
(RISK-1523) Estimating Risks
(RISK-1544) Risks Associated with Concession-Based Contracts in Lagos State, Nigeria
(RISK-1574) Managing Risks in Supplier Design Integration
(RISK-1584) Risk Analysis at the Edge of Chaos
(RISK-1587) Bracket Budgeting
(RISK-1594) The Flaw of Averages and the Use of Statistical Tools in Project Environment
(RISK-1626) Uncertainty Assessment of Business Plans Using Monte Carlo Simulations
(RISK-1639) Building an Enterprise Risk Management Program
(RISK-1662) Using Stochastic Optimization to Improve Risk Mitigation
(RISK-1684) Schedule Review of the Risk Model for Pipeline Projects
(RISK-1698) Integrating with Project Schedule Risk Improves Analysis of Cost Risk
(RISK-1721) Variability in Accuracy Ranges: A Case Study in the Canadian Hydropower Industry
(RISK-1763) Planning and Estimating Risky Projects: Oil and Gas Exploration
(RISK-1764) AACE International Recommended Practice 67R-11: Contract Risk Allocation - As Applied in Engineering, Procurement, and Construction
(RISK-1237) Capital Investment Decisions: Two Teams with Differing Intentions
(RISK-1238) Use Decision Trees to Make Important Project Decisions
(RISK-1241) (Presentation Only) Planning for Risk Management - A Review of Recommended Practice 72R-12
(RISK-1284) Tailored Project Risk Management Assessment Tool
(RISK-1308) Managing Operator Risk Profile for Upstream Projects
(RISK-1317) Conducting Risk Assessments Using a Combined Cost and Schedule Model
(RISK-1329) An Approach to Implementing Risk Management on Environmental Remediation Projects
(RISK-1330) Use of Dynamic Progress Method (DPM) on Guaranteed Maximum Price (GMP) Contracts
(RISK-1407) Synergies between Risk Management and Project Management
(RISK-1408) Project Development and Strategies for Success
(RISK-1419) Managing Risk and Contingency from the Earliest Stages of Capital Planning
(RISK-1027) Estimate Accuracy: Dealing with Reality
(RISK-1043) Integrated Cost-Schedule Risk Analysis
(RISK-1100) Quantifying Estimate Accuracy and Precision for the Process Industries: A Review of Industry Data
(RISK-808) Portfolio Management in Commercially Oriented Businesses: Project Selection, Prioritization and Measurement
(RISK-823) Quantifying Risks Related to the Execution of Mega Projects
(RISK-845) Risk Intelligence and Measuring Excellence in Project Risk Management
(RISK-849) Using Probabilistic Risk Based Scheduling to Balance the Project Triangle
(RISK-902) Project Execution Risk Management in the Biopharmaceutical Industry - A Life Cycle Approach
(RISK-910) RP 64R-11 - CPM Schedule Risk Modeling and Analysis: Special Considerations
(RISK-925) Scope Analytics: A Quantitative Approach to Scope Management for Environmental Remediation Projects
(RISK-944) Common Errors in Dealing with Project Risks
(RISK-965) Evaluating the Costs of Putting a Construction Project on Hold to Resolve Issues
Archived Webinar: Strategies for Reducing Project Risk and Maximizing Profitability
Archived Webinar: Reliable Risk Quantification for Project Cost and Schedule
Archived Webinar: Risk Analysis: Art, Science, or Bull?
Archived Webinar: Better Mitigation through Risk Optimization
Archived Webinar: Practical Corporate Investment Decision-Making Guide
(RISK-2016S2) (Presentation Only) Estimate Accuracy: Dealing with Reality
(RISK-880) Key Elements for a Practical Schedule Risk Analysis
(RISK-1053) Goal Orientated Risk Management Practices for Construction Projects
(RISK-2737) Advancing Decision-Making in Oil & Gas Projects: Integrating Real Options and Monte-Carlo
(RISK-2795) Project Risk Drawdown – A Structured Approach to Contingency Management
(RISK-2808) Non-Linear Probabilistic (Monte Carlo) Modeling of Systemic Risks
(RISK-2813) Public-Private Partnership Projects – What, Why & How Is Risk Allocated?
(RISK-2839) Risk Communication Throughout Project Lifecycle
(RISK-2878) Simple Risk Policy as a Utility Function
(RISK-2890) Journey-Map to a More Mature Schedule Risk Analysis (SRA) Process
(RISK-2891) The Art of Strategic Written Criticism to Effectively Mitigate Risk
(RISK-2926) Project Controls & Data Analytics in the Era of Industry 4.0
(RISK-2929) Improving Risk Management Effectiveness by Testing Risk Relevance
(RISK-2930) Panel Discussion - DRM Subcommittee - Developing DRM Skills & Knowledge
(RISK-2932) Utilizing a QRA Maturity Model for Continuous Improvement
(RISK-2946) Oil & Gas Plant Project Activities Parallelization
(RISK-2947) Probabilistic Inference and Elicitation of Structured Expert Knowledge in Industrial Megaprojects
(RISK-3037) Combining Parametric and CPM-Based Integrated Cost-Schedule Risk Analysis
(RISK-3055) Holistic Risk Management
(RISK-3078) Cost and Schedule Risks Interact in Megaprojects
(RISK-3111) Identifying the Most Probable Cost – Schedule Values from a Joint Confidence Level (JCL) Risk Analysis
(RISK-3129) Lessons from Financial Risk Management
(RISK-3175) Actions for Improving Risk Management Culture
(RISK-3208) Risk Allocation to Assess Public Contract: Particular Case - Brazil
(RISK-3294) Some Key Points of Contingency Drawdown Curves
(RISK-3313) (Panel Discussion) The Future of Decision and Risk Management in the Post-Digital Era
(RISK-3457) The Lewis and Clark Expedition's Integrated Cost, Schedule, and Risk Analysis
(RISK-3479) Variability in Accuracy Ranges: A Case Study in the US and Canadian Power Industry
(RISK-3492) Utilizing Scenario Planning on the Risk Assessment Exercise for High Complexity Projects
(RISK-3524) Risk Assessment of a Pipeline Construction Project in Alberta During El Niño Year
(RISK-3540) Conditional Branching Models How Project Managers Typically React to Schedule Overruns
Archived Webinar: Spotlight on Draft Recommended Practice RM-30 - Cost Estimate Accuracy Range and Contingency Determination using Tables Derived from Parametric Risk Models - April 27, 2021
(RISK-3602) (Presentation Only) Managing Risk and Uncertainty for Large and Small Projects
(RISK-3649) Comparative Risk Analysis Method
(RISK-3658) Uncertainty Management Includes Risk Management
(RISK-3689) Integrated Cost-Schedule Risk Analysis: Application of Project Risk Twin Process for Major Infrastructure Projects using RIAAT (Digital Twin)
(RISK-3699) The Value of Prioritization Criteria to Federal Agencies
(RISK-3703) Construction Value Chain Investments to Achieve Social Return on Investment
(RISK-3751) The Case for Parametric Quantification of Systemic Risks for Transportation Projects
Archived Webinar: Spotlight on Draft Recommended Practice 57R-09 - Integrated Cost and Schedule Risk Analysis Using Risk Drivers and Monte Carlo Simulation of a CPM Model - September 22, 2021
Archived Webinar: Spotlight on Draft Recommended Practice 41R-08, Understanding Estimate Ranging - November 17, 2021
Archived Webinar: Spotlight on Professional Guidance Document 02 - Guide to Quantitative Risk Analysis - May 25, 2022
(RISK-3799) An Advanced Risk Analysis Using the Von Neumann and Morgenstern (VNM) Utility Function
(RISK-3803) Implementing Qualitative Project Risk Management
(RISK-3812) Choosing Between Strategic Alternatives Using Risk Analysis in Decision Modelling of Project Alternatives
(RISK-3822) Principles for Quantitative Project Risk Management
(RISK-3824) Calibration Assessments: Validation of Subjective Probabilities and Impact Ranges in Risk Analysis
(RISK-3826) Doing More with Less: A Data-Driven Approach to Resource Management
(RISK-3834) Cost Contingency as the Standard Deviation of the Cost Estimate: An Extension
(RISK-3847) The Development of Corrected and Summarized Schedules to Support Monte Carlo Simulation
(RISK-3851) Continuous Improvement of the Project Plan by Effective Use of Execution Scenario Planning
(RISK-3859) Using an Industry Parametric Risk Analysis Model to Assess Recommended Cost Accuracy Ranges
(RISK-3908) Risk Analysis and Contingency Estimating for Class 10 Estimates
(RISK-3914) The Importance of Doing a Risk Assessment in Every Project, Early and Often
(RISK-3920) A Hybrid Quantitative Schedule Risk Analysis using Earned Value Management and Risk Drivers Methods
Archived Webinar: Spotlight on Recommended Practice 62R-11, Risk Assessment: Identification and Qualitative Analysis - November 16, 2022
(RISK-3965) Perceptions and Use of Building Price Data in Australia
(RISK-4038) Lessons Learned from the US Department of State, Bureau of Overseas Buildings Operations, Office of Construction Management on its Enterprise-wide Implementation of Project Risk Management
(RISK-4073) (Presentation Only) Managing Coefficient of Variation in Monte Carlo Based Cost Models
(RISK-4091) Reducing Subjectivity of Qualitative Risk Scoring and Analysis
(RISK-4119) (Presentation Only) Quantitative Schedule Risk Analysis For Revivitalization Project at Early Stages
(RISK-4124) Risk Management Lessons Learned
