Plenum - Prof. George Jergeas - The Myth of Predictability

Project 2011, Succeeding with Projects Oslo October 20, 2011 Beyond the Myth of Predictability Dr. George F. Jergeas PEng Department of Civil Engineering University of Calgary

Learning Objectives ,[object Object],[object Object],[object Object],Slide George Jergeas

Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Introduction Slide ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Introduction ,[object Object],[object Object],Slide

Introduction ,[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Conventional Risk Aversion Slide George Jergeas

New Way of Thinking – Let Go of: ,[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

New Way of Thinking – Focus on: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Tunneling Concept Neglect of Sources of Uncertainty Outside the Plan Itself Slide George Jergeas

Black Swans and Tunnel Vision Slide George Jergeas

Fresh Thinking ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

1. The Extended Project Risk Model ,[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

1. The Extended Project Risk Model Slide George Jergeas

Operational ( Project ) Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Strategic ( Enterprise ) Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Contextual ( Global ) Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Visibility, Accountability, Ability to Manage ,[object Object],[object Object],George Jergeas

Three Buckets for Project Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide

Reasons for Changes: Owners Response

2. Define a Territory of Risks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

The Bermuda Project Risk Triangle Slide George Jergeas

4. Reshaping Governance System ,[object Object],[object Object],Slide George Jergeas

4. Re-shaping Governance System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

4. Re-shaping Governance System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

4. Re-shaping Governance System ,[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Leadership structure of a temporary organization Slide George Jergeas

4. Re-shaping Governance System ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide

Six Areas for PEO Leadership, Organization and Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Project Leadership Fundamentals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Project Team Composition and Development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Setting Project Vision and Follow Through ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Seeking Corporate Commitment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Influencing Project External Stakeholders ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Project Leadership Navigation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

5. Team Alignment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],George Jergeas

5. Team Alignment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Health Check Average of All Responses Slide George Jergeas

Health Check Average Response by Organization Slide George Jergeas

Issue Resolution and Dispute Management Mechanism Slide George Jergeas

Reference ,[object Object],[object Object],[object Object],[object Object],Slide George Jergeas

Plenum - Prof. George Jergeas - The Myth of Predictability

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Editor's Notes