PMI Carolina Virtual Meeting - Managing Risk in an Uncertain World
Topic: Managing Risk in an Uncertain World
For corporations, risk management has become a top concern in the face of increasing demand for greater corporate accountability as well as world events that have changed the risk landscape and their impact on the business world. Governance mandates such as the Sarbanes-Oxley Act of 2002, along with the continuing uncertainty of the business-economic environment, have made it compulsory for corporations to rethink their approaches to identifying and managing risk.
Project and program managers everywhere face a daunting mix of challenges, including ever changing project demands, environments of unprecedented complexity, tough new oversight requirements, and the constant pressure to do more with less. The need for risk management for making effective decisions and communicating the results within organizations has never been more urgent. This briefing looks at the rapid rise of risk management and aims to expose project managers to the essentials of effective risk management for 2021 and beyond. The briefing provides an exclusive glimpse of a company that has been at the forefront of risk management, and describes how risk management has made the company one of the best managed in the US.
Learning Objectives:
- Discuss A Top Gun Risk Management Practice Case Study
- Identify What Managers Want to Know About Risk Management
- Describe How Risk Depends on Context & Perspective
- Identify Four Sources of Risks
- Identify Three Categories of Risk Root Cause
- Discuss Risk Management Principles & Industry Standard Process
- Explain How to Prioritize Risks
Inputs for the PDU Processor:
Top Skills - Creative Problem Solving, Strategic Thinking
Highly Desirable/Market Driven Project Skills - Aligning projects and Organizational Strategy
Talent Triangle - Business Accumen: Benefits Management and realization.
Speaker: Scott Stribrny
Speaker Bio:
Scott Stribrny brings nearly 40-years of experience in software, systems, and management to his client engagements and his Loyola Executive Education courses. An internationally acknowledged authority in project management, information systems/technology, systems engineering, and lean development and management, Scott is interested in the intersections of business, technology, and organizational risks. Beginning a corporate career with a start-up firm that went from zero to 100 million dollars in just five years, Scott moved on to a Fortune 50 conglomerate where he worked with industry leading engineers, scientists, and the executive suite.
Scott ascended to management and was responsible for the development of groundbreaking products and services where he applied best practices in project management. His accumulated management experience ranges across many industries, including aerospace, telecommunications, finance, insurance, retail, information services, and manufacturing.
Scott is president, co-founder, and managing director of Group Atlantic, Inc.; a senior consultant in the business technologies strategies practice for IT research company the Cutter Consortium; and a thought leader at the IT Metrics and Productivity Institute. His courses on leadership development, high-performance teams, requirements definition, risk management, and project estimating are well known for their innovation and practical applicability. Scott is widely published on the subjects of risk management and project/program management and is a frequent keynote speaker at conferences and company events. He is known for his practical knowledge and content, and refreshing and engaging delivery.
