You can view a session preview HERE.Today’s projects face an increasing level of uncertainties on a daily basis. Market changes, technological complexities, unknowns during new product development, global interdependencies, and organizational changes are just a few factors that can add risks throughout the project life cycle and derail project success. This presentation shows how to apply a probabilistic approach of quantitative risk analysis to successfully navigate through project uncertainties in a constantly changing business environment.
At the conclusion of this session, participants will be able to:
(1) explain the pros and cons of qualitative and quantitative risk analysis;
(2) estimate the overall risk impact on project objectives.
