Data-Driven Project Risk Management - Monte Carlo & AI.

Data-Driven Project Risk Management - Monte Carlo & AI.
Data-Driven Project Risk Management - Monte Carlo and AI.

We will explore how to assess uncertainties in project planning, completion dates, and budgets. 

Further, introduce some AI use cases for inspiration, highlighting how Monte Carlo simulations can be enhanced. 

Why should you attend?

You’ll get inspired about:   

  • Calculation of contingencies for risk robustness 
  • Be more concrete on how to use Monte Carlo simulations 
  • Working with ranges – instead of single point assessments 
  • Flaw of averages – cure the problem of treating risk of average calculations 
  • Budgets, contingencies, reserves – in an intelligent way 

Further:

  • Improve decision making 
  • Be prepared for the future 
  • Improve realism and chances for success in decisions for business 

Potential participants

  • Project managers, program managers, PMO directors, CFOs 
  • Risk managers, planners 
  • Cost estimators, project controllers, planners, project owners 
  • People in bidding, insurance, concession, consultants 
  • Decision makers and others dealing with risk management 

 

Speaker: Professor Hernan Huwyler, MBA CPA

Head of Risk and Control, IE Academic Director in Artificial Intelligence, Predictive Analytics, Governance, Compliance, Quantitative Risk, Audit, Cybersecurity, SAP, Fraud, SOX 

Hernan is a very experienced expert in risk management, helping large international companies in improving risk management and how to combine this with AI. 

Outcome

Participants will get inspired in new ways to do risk management in practical terms.
Further, participants will receive free, customizable tools to calculate the likelihood of meeting project deadlines and budgets. 

 

Related seminar

This seminar is related to another "Get Risk & Business desicions right with Monte Carlo Simulations.

Speakers:

* Senior consult, Henrik K Søndergaard, COMPILOT.dk 

* Senior consult, Morten Aagensen, DecisionRiskAnalytics.com 

* Risk director, Søren Randrup-Thomsen, Ramboll.dk 

Registration

Don't miss this opportunity to transform your decision-making, planning, and risk management practices and join the ranks of forward-thinking risk professionals who are already leveraging Monte Carlo simulations to drive business success.  

Secure your spot today and start making data-driven decisions that drive business results.

The event will be streamed live. If you wish to join online, you can register here: Online - Data-Drivin Project Risk Management 

Sign up: Not a member? In order to sign up, you must create a user profile. Note, when creating a user profile, you will be able to access IDA's online services - you will not become a member of IDA.

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Information
  • When

    28. jan. 2025 13:00 - 16:00
  • Where

    IDA Conference, Kalvebod Brygge 31-33, 1780 København V

  • Registration Deadline

    22. jan. 2025 - 23:55

  • Organizer

    IDA Proces

  • Available Seats

    14

  • Event Number

    357996

Price
  • Member of the organizer

    0 kr.

  • Unemployed

    100 kr.

  • Senior member

    100 kr.

  • Student member

    100 kr.

  • Corporate member

    400 kr.

  • Member

    400 kr.

  • Participant, not a member of IDA

    500 kr.