Live Webinar – February 15th 2022 7:30 am – 8:30 am EST
Live Webinar – February 15th 2022 12:30 PM – 1:30 PM BT
Activity Type: Education – Course or Training  1 Hour  1 PDU
Provider: Association for Project Management – APM

The whole process of project risk management involves people.

Unfortunately (or maybe fortunately) people are influenced by numerous heuristics (rules of thumb) and biases.

These influences, if not understood, can negatively impact the project risk management process making the outputs less realistic and useful.

The presentation will draw on the work of Dr Ruth Murray-Webster (LinkedIn profile) and Dr David Hillson (known globally as The Risk Doctor) and in particular ‘the Triple Strand’ – which highlights the combined influence of conscious factors, sub-conscious factor (heuristics and biases) and affective factors on the both the perception of risk as well as risk attitude.

While the whole risk management process is influenced by these factors, the first three stages of the process are particularly susceptible – Inhiation, Identification and Assessment. The particular influences on these areas will be discussed.

There is no ‘silver bullet’ that can be used to overcome these influences. However, a better understanding of will help. Those attending will certainly gain from this insight.

Presenter: Peter Simon, (LinkedIn profile) BSc FAPM HonFAPM PMP   has 40+ years experience as a PM consultant & practitioner across all industries and business sectors. He is a particularly knowledgeable and skilled advisor and trainer, particularly in those areas related to project management, programme management, project planning, risk management and resource managemen.  The last 17 years of this time has been as Director of Lucidus Consulting Limited. Peter’s full biography.

Click to register for:
The Impact Of Heuristics & Biases On Project Risk Management

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