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24th October 2013 conference
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APM Risk SIGRomsey- 24th October 2013
Uncertainty or Risk – is there any difference?
Introduction
APM BoK Definitions
– Uncertainty: A state of incomplete knowledge about a proposition. Usually associated with risk, both threats and opportunities.
– Risk Event: An uncertain event or set of circumstances that should it or they occur would have an effect on the achievement of one of more project objectives.
Agenda
Session Time SpeakerRegistration and refreshments 09:00 Welcome and Introduction 09:30 Edwina Hayward and Derek Wright
Uncertainties” Are Risks 09:45 Martin Hopkinson
Tea/coffee 10.45 Uncertainty – Understanding the impact and the importance of recording assumptions
11:15 Terry Johns
Quantifying uncertainty in an Operational Environment – Risky weather forecasts?
12:15 Chris Tubbs
Lunch and networking 13.15 Performance uncertainty management is a more effective approach than risk management
14.15 Stephen Ward
Tea/coffee 15.15
Project case study – Uncertainty v Risk 15.45 Derek Wright
Debate and Summary 16:45 Edwina Hayward and Derek WrightEnd 17:15
Uncertainties are risks
Martin Hopkinson
Uncertainty – Understanding the impact and the importance of recording assumptions
Terry Johns
Quantifying uncertainty in an Operational Environment – Risky
weather forecasts?
Chris Tubbs
Performance uncertainty management is a more effective approach than risk management
Stephen Ward
Performance uncertainty management is a more effective approach than risk management
Derek Wright
Debate / Summary
APM BoK Definitions
– Uncertainty: A state of incomplete knowledge about a proposition. Usually associated with risk, both threats and opportunities.
– Risk Event: An uncertain event or set of circumstances that should it or they occur would have an effect on the achievement of one of more project objectives.
