In a market economy, the risk is an integral attribute of business. Uncertainty makes it impossible to avoid risks. Therefore, it is necessary to learn to predict risk, assess its size, plan measures to prevent it, and not exceed permissible limits. Each project involves implementing new activities in new conditions, using new resources, and creating new results.
Modern projects are increasingly uncertain already at the first stages of their development. The project's novelty, or innovativeness, leads to the appearance of risks in the broadest sense. Risks can be defined as uncertainties associated with situations during the project, the consequence of which impacts the project's costs, duration, or quality.
Questions for discussion:
- What is the risk?
- Risk management process
- Examples of risk management
- Syndrome of "Titanic" – anti-risk management
- Standards and best practices in risk management
Speaker:
Vitalii Tsopa, professor, MIM-Kyiv. Vitalii is a manager, consultant, business coach, and auditor for the effectiveness and efficiency of business processes based on the SAE J4000:1999 "Lean Manufacturing" standard. Responsible for the consulting, training, and auditing management system processes by international standards ISO 9001, ISO 14001, ISO 22000, etc. He has experience in implementing the concepts of continuous improvement of management systems based on the management of processes, projects, resources, knowledge, and changes; principles of lean manufacturing; six sigma and basic quality tools; statistical methods for managing production processes; Theory of Constraints.
