The #NewNormal Series 3
The #NewNormal Series 3
Parametric Contingency Assessments on Small Projects:
Large projects can afford to spend the time and effort on a detailed risk and contingency assessment.
For most small projects (under $5M), this isn’t the case and they simply get 10%. With a first generation of tools completed in 2015.
Matthew Schoenhardt has created a method to complete company-specific, data-driven, risk-based contingency assessments on small projects that take 5 minutes.
SPEAKER:
Matthew Schoenhardt, P.Eng, MBA, PMP, RMP
Matthew has over 20 years of project experience covering a broad range of industries including manufacturing, heavy industry, food processing, infrastructure with a particular focus on the oil and gas industry. A big picture thinker with an intrinsic desire for logical, efficient processes, Matthew approaches projects from a business perspective with a clear understanding of the profit motive. With the mantra “predictability is better than perfection” Matthew has streamlined processes and developed coherent stage-gate processes. His natural affinity for numbers has allowed the creation of world-class models. In these, Matthew’s curiosity naturally led to a desire for better uncertainty, risk and contingency assessments. After completing over $100B of assessments on hundreds of projects, Matthew is familiar with all methods of risk management. As an expert in the field, Matthew is one of North America’s foremost practitioners of the parametric/systemic approach and published several papers on capital project risk management. Despite his logical quantitative bent, Matthew is both effusive and engaging in demeanor and was ranked as the #1 overall speaker at AACE 2016.
Free for PMI-VI members, $25 for non-members
We'll have an update of:
PMI-VI Project of the Year Award
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