Here are some
examples of how we’ve helped businesses and government organizations like yours
increase project risk management effectiveness:
Client Profile (Prime
Contractor)
Problem: The
prime contractor was using a flawed risk management process on a multi-billion
dollar high visibility project, which prevented it from accurately prioritizing
risk issues and allocating funds to handle risks.
Solution: Performed an independent evaluation of the risk
management process. Identified and documented flaws in the risk analysis
methodology and provided solutions that permitted an accurate prioritization of
risk issues and development of suitable risk handling options.
Client Profile (Prime
Contractor)
Problem: High risk development project needed expert risk
management process development and implementation. Previous contractor on
project defaulted and the government stated that poor risk management was a
primary factor for the development problems.
Solution: Worked with the contractor project manager and deputy
project manager to rapidly tailor a suitable risk management process to the
project. Developed a Risk Management Plan, performed training, led the initial
project risk assessment and documented risk identification, risk analysis, and
risk handling results within six weeks of the start of the assignment. Credited
by the government more than once for having saved the project from termination.
Item met or exceeded all performance requirements, was delivered one week ahead
of schedule, and within budget.
Client Profile (Prime
Contractor)
Problem: Large contractor team did not have an effective risk management
process. This was made even more difficult by the geographic separation of
several team members.
Solution: Worked with the prime contractor systems engineering
lead to define and implement a viable risk management process for the project.
Developed and tailored the process and provided guidelines and training for its
implementation. Led and participated in Risk Management Board meetings, and was
chosen by the prime contractor to present results to the government.
Client Profile (Prime
Contractor)
Problem: An immature technology was in widespread use across
an entire industry. The corresponding
parts were subsequently observed to have a failure rate that was orders of
magnitude larger than previously anticipated.
This increased failure rate would lead to unacceptable system
performance.
Solution: Assisted an industry/government team in developing failure analysis
statistics and reliability projections independent of industry, and workarounds
used by a specific project manager for parts replacements. These recommendations included developing
alternative parts, and replacing existing parts in a number of sets of
partially completed and completed hardware with more reliable parts.
Client Profile (Sub
Contractor)
Problem: Industry leading sub-contractor (parts supplier) was
having difficulty in delivering a sufficient number of complex parts across a
number of projects and organizations.
Solution: Led and co-led a small team to assist the fabricator in prioritizing deliveries
of complex parts across a diverse set of projects. Performed an extensive statistical analysis to identify
likelihood of successful parts completing fabrication coupled with project
schedule need requirements to more accurately balance the manufacturing flow
across projects using the parts.
Client Profile (Government
Organization)
Problem: Risk assessments were required of a number of systems
competing for a fixed level of government funding. Assessments had to be
thorough and withstand scrutiny from both government agencies sponsoring the
projects and their contractors.
Solution: Led a multi-service team in performing risk
assessments of each system. Results were used to tailor government funding
priorities and development strategies during the next decade.
Client Profile (Government
Organization)
Problem: Government project manager required a number of
comprehensive technical risk analyses in a short period of time to support his
development project.
Solution: Worked with the project's technology focal point to
develop an extensive strawman risk assessment for multiple project options.
Orchestrated a multi-day risk analysis meeting with supporting technology
experts to finalize risk issues, analyses, and related documentation. By
rotating experts throughout the meeting, over 50 risk issues were thoroughly
evaluated, yet the time burden to individual analysts was small. The results
were used by government project manager to support funding levels required for
the project.
Management Client Profile
(Government Organization)
Problem: Government program manager was concerned that risk
management was unevenly implemented across a number of high technology
development projects. In addition, the quality of risk management training
being given to project personnel was also in question.
Solution: Rapidly interviewed a number of government project
managers to assess both the level of sophistication of their risk management
processes, together with how risk management was implemented on their projects.
In addition, reviewed and provided detailed comments on the sufficiency of the
risk management training material. Developed specific recommendations on how to
improve the training material, including ways to enhance risk management
process completeness and sophistication, as well as methods to better implement
it on a variety of different projects.
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Links to Project Risk Management Services |
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Some Client Profiles |
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Second Edition of Dr. Conrow's Risk Management Book with Reviews |
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Risk Management e-Interview with International
Council on Systems Engineering |
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Links to Other Services |
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This web site owned and operated by:
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Dr. Edmund H. Conrow, CMC, CPCM, CRM, PMP |
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Reproduction or any other use of this material is prohibited without written permission. |
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material is Copyright © 2000-2007 by Edmund H. Conrow, All Rights Reserved
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