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(RISK-3602) (Presentation Only) Managing Risk and Uncertainty for Large and Small Projects

In order to receive proof of CEU credits, you must watch this presentation in its entirety and complete the survey.

Level: Basic
TCM Section(s):
7.6. Risk Management
Venue: 2021 AACE International Conference & Expo

Abstract: The goal of a project development and execution process is to select the right project and execute that decision with excellence. This practical presentation addresses how decision & risk analysis is used in the industry to make informed decision by comparing alternatives, quantifying risks & uncertainties and evaluating financial outcomes. Tools such as decision hierarchy, strategy table, influence diagram, tornado chart, decision tree and S-curve will be presented and how they are used to make complex decision on actual large as well as small projects.