Feb '22 Remote Chapter Meeting
What are the chances of getting a project done on its scheduled completion date and budget? Get real with Monte Carlo probabilistic risk analysis.
Cost and Schedule Risk Assessment (CSRA), when completed at key times in the project lifecycle can improve the potential for project success and predictability by helping stakeholders identify and quantify the risks and opportunities. By applying Monte Carlo analysis to the project cost and schedule, project managers can provide investment decision makers with a realistic and quantified range of uncertainty around the budget estimates and completion dates. This can also provide the project team with a holistic view of the project’s risk profile for effective risk mitigation.
This presentation introduces probabilistic risk analysis, shares techniques that can be used in any project, in any industry, with real-life examples.
About
Zuly is a bilingual, Project Manager Professional, PMP certified, with 22 years in project/program/portfolio management, and business process development. She has a B.S. in Accounting from California State University, Northridge.
She has worked in various industries such as Oil & Gas, Renewables, Food and Healthcare; from Fortune 500 Corporations to Start-Ups. As part of Chevron’s EPMO in SJVBU, she controlled a $500 million program of major capital projects across 10 calendar years. She developed and executed financial controls processes to standardize methodologies to manage large-scale programs, based on Best Practices. Currently, as a consultant, she works with small and medium-size firms to develop Risk Management Plans, and Contingency Management Plans to maximize Program change management.
Zuly gives back to the project management community by volunteering, presenting, etc. with professional organizations such as PMI.
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