The coronavirus pandemic has highlighted the importance of risk management. David Hillson, PhD, PMI Fellow, founder of The Risk Doctor Partnership, Petersfield, England, discusses identifying and analyzing risk in innovative and novel situations. Dr. Hillson says COVID-19 isn’t currently a risk—it’s a problem—and the risk management task is to look at the uncertainties that could come next.
Mohamad ElHelaly, PMI-PBA, PMI-RMP, PMP, assistant project manager at Orascom Construction, Cairo, Egypt, shares his top lesson learned from previous projects: Change is inevitable. He also talks about how risk management shouldn’t work in a silo and should be integrated into project processes and decisions.
Key themes
[02:11] Identifying, analyzing risk in innovative scenarios
[03:39] Risk’s effect on objectives, managing threats and opportunities
[06:00] Look for uncertainties to come from COVID-19
[11:35] Flexibility, resilience in society, organizations, projects and people
[13:36] Lesson learned: Change is inevitable; you must adapt
[16:23] Integrating risk management into all project processes
Transformation—Sustainable Urban Development
Job Skills—Time Management
Career Development—Professional Networking Pro-Tips
Job Skills—Fast-Paced Problem Solving
Transformation—The Future of Manufacturing
Career Development—Moving to a New Market Sector
Leadership—Managing Multigenerational Teams
Social Responsibility—Promoting Gender Equality
Transformation—Artificial Intelligence
Career Development—In-Demand Skills and Sectors
Job Skills—Cultivating Creativity
Transformation—Navigating Mergers and Acquisitions
Lessons Learned—The Value of Knowledge Transfer
Talent Management—How to Fill the Project Talent Gap
Transformation—How to Manage Complexity
Leadership—New Skills for an Age of Flux
A Radical Mindshift—Managing Bleeding Edge Projects
Crisis Mode—Emergency Management and Response
The Greater Good—Lessons from Governments and NGOs
The Need for Speed—Delivering Rapid Response Projects
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