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Balanced Risk – Challenges of Project Risk Management

Why is risk consideration indispensable, why does an incorrect or no risk management pose as an organisational flaw with negative economic consequences and what meaning is to be attached to the diverse components of risk management, all these and more will be presented in a full scale conference under the title “Balanced Risk - Challenges of Project Risk Management” in March 2011.

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PMIFC 8.7.2010 -

Risk management = Chance management, especially in this current times where it brings about a balance in the Economic and Financial market crisis. Lately, Market players seem to have acknowledged that risk management is to be comprehensively looked into and it is an essential indicator for the stability of an organisation.

Another reason for a comprehensive consideration of risk management is the quick market changes, which requires the organisation of more project oriented actions. In achieving the project objectives, an absence of project management knowledge makes risks prevention unavoidable.

Such a basis leads to the failure of the project. Thus risk management is known to be an essential successful factor in projects. Risks belong to projects as air to breathing.
Therefore, risks and risk management are not any more just an attribute of organisational activities or a past-related failure analysis for preventing future wrong decisions rather it is an integral success factor in projects.
In summary, project management gives a basis for a comprehensive consideration of risk management, which is an essential component to operate successfully in business.

Organizers of this event are three teams with international recognition: CSC (location Wiesbaden), PMI Frankfurt Chapter as well as the Risk Management SIG (location Amherst, New Hempshire USA). CSC belongs to one of the worldwide leading consulting and service-provider company in the area of information technology; also RiskSIG is represented worldwide and has among others risk management in focus as a basis for effective project management or spreading the know-how in this field. PMI Frankfurt Chapter bridges the gap between industry risks and project management.
Today we would like to announce the following basic data (information):

Organisational Data:

• Dates: 17th and 18th March 2011, including an evening event
• Location: CSC Business Center in Wiesbaden, Germany (near Frankfurt)
• Number of participants: Limited to 100 persons
• Price: 450,00 Euro (Non-member) / 400,00 Euro (Member) (plus VAT)
• 10% early registration discount by registration till 31.12.2010
• Price includes both provisions for day meals and the evening event
• International and national keynote speakers and speakers

Event Procedure:

• Workshops and Presentations
• Language: 1-2 streams English; 1-2 streams German

First Milestones

• 5th July 2010 – Send out call for papers/speakers/workshops
• 15th  September 2010 – Deadline for return of abstract (call for papers)
• 30th September 2010 – Selection of speakers

Due to the limited number of participant, we recommend early registration. Interested to apply to present a paper, please download the “Call for papers” here in this website.

Certainly, would this kind of event without the aid of sponsors be successful. We hereby welcome all potential sponsors to indicate their interest in supporting this event under the following e-mail vpmeetings@pmifc.de till 31.12.2010.

We are not promising you too much: This event will offer you a one time opportunity within a short period of time to learn about Risk management and its various facets.

No RISK no WIN!

• Register with this Link.
• Download the call for papers from this link.
  

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