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Νέο σεμινάριο “Risk Management in Projects” στις 26 Σεπ. 2014 στη Θεσσαλονίκη.

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Το 4ο σεμινάριο “Risk Management in Projects” της Human Asset στις 26 Σεπ 14 στη Θεσσαλονίκη είναι γεγονός.
Περισσότερα στο:
http://www.humanasset.gr/newsletter/rmp/ha_newsletter_risk_mgt_pro_2014_09_f2f.html

* PMP, PMI, PMI-RMP and PMBOK Guide are registered trademarks of Project Management Institute, Inc

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East Cheap Tower of London: Όταν το Risk Management γίνεται αναγκαιότητα!

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Στη σημερινή εποχή που χαρακτηρίζεται από ένα συνεχώς ευμετάβλητο και αρκετά πολύπλοκο επιχειρηματικό περιβάλλον εάν δεν διαχειριστείς σωστά τα ρίσκα που παρουσιάζονται (Risk Management), θα καταλήξεις στη εκτέλεση Διαχείρισης Κρίσεων (Crisis Management) που συνήθως καταλήγει στη Διαχείριση Απωλειών (Losses Management). Δυστυχώς για τις επιχειρήσεις, τα 2 τελευταία κοστίζουν παραπάνω, απαιτούν περισσότερο χρόνο και φυσικά δημιουργούν προβλήματα στην φήμη της επιχείρησης.

Όσοι συμμετείχαν στα σεμινάρια Risk Management της Human Asset σε Αθήνα και Θεσσαλονίκη, είχαν την ευκαιρία να ασχοληθούν και να αναλύσουν αρκετά πραγματικά case studies σχετικά με το Risk Management.

Ένα από τα case studies είναι και αυτό του “East Cheap Tower” στο Λονδίνο το οποίο μελετάμε σταδιακά την 2η-4η και 5η ημέρα του σεμιναρίου (‘PMI-RMP® prep course’). Στο παρακάτω link διαβάστε όλο το case study:

http://www.humanasset.gr/?p=4582

EastCheapTowerLondon_550x351

Τα επόμενα σεμινάρια μας είναι:

α. Εξ αποστάσεως από 6 Σεπτεμβρίου 2014.

β. Στη Θεσσαλονίκη από 26 Σεπτεμβρίου 2014.

Εκπαιδευτής

Φουρτούνας Αθανάσιος PMP, PMI-RMP.(fourtounas@humanasset.gr, at.fourtounas@gmail.com, κιν: 6946003220)

 

Enjoy!!

Contingency Plan vs Fallback Plan

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Today we are going to discuss the contingency plan and the fallback plan. This topic is very important both for a PMP and PMI-RMP exam point of view because you may see a number of questions testing your knowledge on this topic (especially the PMI-RMP candidates). So understand this topic very well.

Contingency and fallback plans are developed to manage identified risks. Since both plans are used to manage risks, you may wonder which plan you will use if any risk occurs. A risk can be one of two types: identified risk or unidentified risk. Identified risks can be further divided into many categories, such as: primary risk, secondary risk etc.  Now if any of these risks occur, which plan will you use to contain the risk? This complicates the situation.

Con and Man plans

You have two kinds of reserves to manage: the contingency reserve and management reserve.  Now the question comes to mind which reserve will you use to implement the contingency plan and fallback plan? This again complicates the situation.

So to find the answers to these questions, I did some research and went through many resources, and finally came to an understanding.

     Contingency Plan

Merriam-Webster defines the term “contingency” as “an event that may but is not certain to occur”. This means a contingency is an event that may or may not occur. Therefore, you can say that the contingency plan is a plan that deals with events that may or may not occur. In project management, a contingency plan is a part of the project management plan and it describes every action that you will take if the risk is about to happen or has happened.

Let’s see a real world example of a contingency plan:

You are working on a construction project and there is a risk that rain may fall during your project execution, which will damage your consumables lying out in the open. Therefore, you make a plan that says if there is an indication of rain fall, all consumables will be covered with a plastic sheet. You further add that after the rain stops, you will bring a blower/vacuum pump to clean and dry the wet consumables.  This is the contingency plan for this risk event.

      Fallback Plan

Fallback plan is implemented when the contingency plan fails or is not fully effective. In other words, you can say that the fallback plan is generally made for residual risks. It is a backup plan for the contingency plan. The fallback plan is also a part of the project management plan and defines the cases where actions have to be taken. Let’s see a real world example:

Let’s reconsider the above given example once again but… suppose the rain continued to fall for a very long time, longer than you anticipated, which causes the consumables to be not usable any more. In this case, you will implement your fallback plan which you already had planned. Your fallback plan says that if the rain continues to fall for a very long time, causing consumables to be damaged, you will reorder consumables from a pre-identified supplier, and start the work.

plan

The difference between Contingency Plan and Fallback Plan is that the fallback plan compliments the contingency plan and it comes into play when the contingency plan fails. On the other hand the similarities between Contingency Plan and Fallback Plan are many such as:

  • Both are used to manage identified risks.
  • To manage the contingency plan and fallback plan, a contingency reserve is used.

       Summary

Contingency and fallback plans are the backbones of your risk management plan which help you manage the identified risks. If any identified risk occurs you will implement the contingency plan; however, if the contingency plan seems to be ineffective or has failed, you will implement the fallback plan. Please note that to implement these plans, you will utilize the contingency reserve and not the management reserve, because the contingency reserve is used to manage identified risks. The management reserve is used to manage unidentified risks.

I believe that now you understand these terms; however, if you still have some doubts, write in the comment box. I am ready to discuss.

If you would like to learn more concerning PMI-RMP® exam, please join prep courses (indoor or on-line) by visiting our following training pages:

www.humanasset.com

We can run our Risk Management courses worldwide by making training more convenient for you. To get more details, please contact us directly.

Note: PMI, PMP, and PMBOK Guide are registered marks of the Project Management Institute, Inc

Risk Management in Projects new online seminar starts at 6th of September

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success  The new online seminar “Risk Management in Projects” starts at 6th of September and leads to the PMI-RMP certification.

For more information see the attached file and contact with the instructor at : at.fourtounas@gmail.com

RISK MANAGEMENT SEMINAR (PMI-RMP) online

We can run our Risk Management courses worldwide by making training more convenient for you. To get more details, please contact us directly.

Note: PMI, PMP, and PMBOK Guide are registered marks of the Project Management Institute, Inc

 

Κώστα συγχαρητήρια! Νέα επιτυχία στις εξετάσεις του Risk Management!

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successTα θερμά μας συγχαρητήρια στον κ. Τσολάκη Κωνσταντίνο που κατάφερε να περάσει επιτυχώς τις απαιτητικές εξετάσεις του Risk Management Professional με την πρώτη του προσπάθεια και μόλις 24 μέρες μετά την ολοκλήρωση του σεμιναρίου προετοιμασίας!! Ευχόμαστε από την καρδιά μας κάθε επαγγελματική επιτυχία και αξιοποίηση του νέου τίτλου.

Τι δήλωσε ο ίδιος γι’ αυτή του την εμπειρία :

“It has been a great pleasure and experience to attend the 5-days PMI/RMP preparation course, provided by Human Asset and held by Mr. Athanasios Fourtounas. Athanasios is certainly a very well qualified and supportive instructor. His deep knowledge and expertise in all aspects of the PMI/RMP certification requirements as well as his continuous supporting ability and willingness to cover all segments and open issues in the field of Risk Management, made him a valuable and committed partner during the course of this training project. For all the above mentioned reasons, I am totally confident and I would strongly recommend Athanasios to all potential candidates that would like to enhance their skills and prepare themselves for the demanding PMI/RMP certification examination.

 Κώστα σε ευχαριστούμε και θα ήταν χαρά μας να συνεργαστούμε ξανά μαζί στο μέλλον!

Θυμίζουμε, ότι τα νέα μας σεμινάρια RMP:

α. Εξ αποστάσεως στις 8 Σεπ 2014 στην πλατφόρμα της εταιρίας.

β. Στην Θεσσαλονίκη στις 26 Σεπ 2014 στις εγκαταστάσεις μας.

Περισσότερες πληροφορίες στο Humanasset.gr

Completion of 3rd PMI-RMP® Prep course in Athens – June 2014

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The successful completion of another PMI-RMP® – Risk Management Professional prep course is a fact for a 3rd time.

The participants after hard work and a number of workshops managed to gain deep knowledge concerning Risk Management but also to be fully prepared for the PMI-RMP exam according to the PMI® standards.

 

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But the preparation and support doesn’t stops here. For the following 3 weeks, the participants will receive a lot of study material and mock tests from the asynchronous training platform of Human Asset Group company in order to be successfully prepared for the PMI-RMP exam and acquire the certification.

Read what the participants have said about their experience:

“ It has been a great pleasure and experience to attend the 5-days PMI/RMP preparation course, provided by Human Asset and held by Mr. Athanasios Fourtounas. Athanasios is certainly a very well qualified and supportive instructor. His deep knowledge and expertise in all aspects of the PMI/RMP certification requirements as well as his continuous supporting ability and willingness to cover all segments and open issues in the field of Risk Management, made him a valuable and committed partner during the course of this training project. For all the above mentioned reasons, I am totally confident and I would strongly recommend Athanasios to all potential candidates that would like to enhance their skills and prepare themselves for the demanding PMI/RMP certification examination.”  Konstantinos Tsolakis PMP®, MCP, MBA, Senior Project Manager/Internal Auditor

“ I have had the pleasure to meet Mr Fourtounas the during the seminar for the Risk Management Professional accreditation by PMI. Mr Fourtounas is a very well qualified Risk Management Professional and at the same time he added great value to this seminar with his extensive knowledge as a Project Management Professional (PMP-PMI). Mr Fourtounas is an effective communicator always willing to explain in depth the meanings of the RMP by giving real life examples through his extensive knowledge obtained in his professional career. During this seminar I have had the chance to increase my knowledge in the field of Risk Management and at the same time to make a new Good Friend! “ Thanasis Xenos, Projects Manager – Business Development Manager M&E/Tunnel Projects at AKTOR SA

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“ It’s been a pleasure and a great experience working with Athanasios, a genuine professional in all aspects, a great PMI-RMP instructor and a great friend. His extensive knowledge in the field of Risk Management is priceless!

His indescribable training sessions are matched by a wonderful sense of humor and nice way of reaching the right information and knowledge. His expertise and persistence have been helpful in attaining a high level preparation for the RMP exams. I would like to seize this opportunity to recommend Athanasios as a professional and dedicated trainer in Risk Management. Feel free to dive into the abyss of Professional Risk Management!:” Katsagounos D. Ilias, MBA, PMP

We can run our Risk Management courses worldwide by making training more convenient for you. To get more details, please contact us directly at http://www.humanasset.com

Note: PMI, PMP, and PMBOK Guide are registered marks of the Project Management Institute, Inc

From Project Management to Project Leadership

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Strong project leadership can make the difference between success and failure but is surprisingly elusive to many businesses. When it comes to project management, we tend to talk about  assignments, tasks, approvals, and so on. But business is evolving, and many project teams are now being asked to lead change, instead of just timelines and milestones. This evolution is accelerating and is driven by fresh thinking and business necessity supported by advanced technologies that are highly accessible to a much broader range of contributors. Effectively managing work is no longer just the role of a few specialists.

In the attached file you can read a range of insightful answers by Project Managers that paint a picture of an industry in transition. Making the shift  from project management to project leadership isn’t easy, but the rewards can be significant.

Lessons from 40 Experts

Enjoy!!!

Source: AtTask.com