Managing complex projects for industry: developing a new approach to risk management

Research output: Contribution to conferencePaper

Abstract

This presentation discusses a project undertaken for an energy company.
A process is described which assists the company to understand
and manage risks involved with the project. The process involves two
integrated activities; the first engages a range of stakeholders in surfacing
risks and their ramifications in a causal risk map, while the second
elicits expert judgement regarding uncertainties so as to understand
the likelihood of risks occurring through a decision tree approach. The
process has potential across a range of complex project management
situations.
Original languageEnglish
Publication statusUnpublished - Jul 2013
Event26th European Conference in Operational Research - Rome, Italy
Duration: 7 Jul 201311 Jul 2013

Conference

Conference26th European Conference in Operational Research
CountryItaly
CityRome
Period7/07/1311/07/13

Keywords

  • complex projects
  • industry
  • managing
  • new approach
  • risk management

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