Project cost overruns and delays are all too often the rule rather than the exception. The consequences of overruns and delays can be devastating to company profitability and reputation, not to speak of the profession’s lost credibility. It does not have to be that way. Webinar attendees will first learn about the reality of (in)accuracy and our failed risk analyses. This will be followed by empirical research on successful methods and a presentation of practical and reliable cost and schedule risk quantification methods that anyone can apply without reliance on complex software and consultants. For those who like to learn new things, most will find the methods presented are not “business as usual.”