Monte Carlo Simulation Demystified

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Live Webinar January 18th, 2023 1:00 pm – 2:00 pm EDT
Activity Type: Education – Course or Training  1 Hour  1 PDU
Provider: PMTA  Project Management Training Alliance

Join  Bill Flanagan, MBA, PE, PMI-RMP, PMP in which he will explain the  huge benefits you will achieve in using a Monte Carlo Simulation to analyze your project risk.

Bill will cover the following in this webinar:

  • Basics of what a Monte Carlo Simulation is and how it is setup on a project.
  • Demonstration of how the integrated schedule-cost risk of a project compares to the deterministic values of cost and schedule.  Once seeing this you will probably never go back to developing a schedule and cost estimate with purely deterministic values again.
  • Demonstration of how the Sensitivity (Tornado) Analysis, calculated with the Monte Carlo, show us which activities in the schedule have the largest potential impact on our schedule and cost.  This allows us to focus on the biggest bang for the buck.
  • Demonstration of how the Monte Carlo shows us which non-critical activities are likely to become critical as we proceed through the schedule. This understanding is critical to staying on schedule.

Bill will wrap up the webinar by showing how cost effective the tool that runs a Monte Carlo on your schedule is.

Presenter: William (Bill) Flanagan, PMP, PMI-RMP, PE (LinkedIn profile) has been a leader of people and projects for 45+ years.  In his early career, Bill served as a US Navy Nuclear Submarine Officer followed by 26 years in the Electric Power Industry in both business management and major nuclear plant upgrade and improvement projects. Today Bill is a Senior Instructor for Knowledge Source Inc and the North Carolina Project Management Institute (NCPMI) where he has taught Project Management and Risk Management classes for the last 15 years He holds a BS in Electrical Engineering and an MBA from North Carolina State University.  He is a Professional Engineer in the State of North Carolina and holds a PMP and a PMI-RMP Certification.

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Monte Carlo Simulation Demystified

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Live IIL Webinar -January 18th, 2023 6:00 am – 7:00 am EST
Live IIL Webinar – January 18th, 2023 11:00 am – 12:00 pm BT
Activity Type: Education – Online or Digital Media 1 PDU – Free
Presented by : IIL (Rep 1003) – Course No: L18413

This session may fill up quickly so sign up today.

Well-being involves having a positive self-image and esteem and a healthy lifestyle. Well-being is closely intertwined with a person’s ability to demonstrate resilience. The good news is resilience and well-being can be strengthened.

This webinar will cover the three key areas associated with individual welfare in a workplace setting: Resilience, stress management and well-being. We will explore ways to build resilience and make it easier to navigate problems and avoid the victim mentality. We will also cover some simple stress-busting techniques and learn to recognize behaviors that increase stress. Finally, we will consider the best ways to lead a healthy lifestyle.

We will also share tips on how to conduct sensitive conversations with staff who may be going through personal and professional difficulties, and how to select the best interventions to support the individual.

After this one-hour session, learners will be able to:

  • Understand how to boost resilience in challenging times
  • Apply simple techniques to manage and alleviate the symptoms of stress
  • Consider small changes in habits and lifestyle to promote health and well-being
  • Build skills to conduct difficult conversations with employees in times of stress

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Strengthening Resilience & Well-Being

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Online Webinar  – Recorded October 27th 2023
Activity Type: Education – Online or Digital Media  1 PDU – Free
Provider:   PEX  – The Process Excellence Network

Every year we at PEX Network survey hundreds of operational experts to find out how they are leveraging digital technology and proven continuous improvement approaches to achieve operational excellence.

Following the release of the 2023/2024 iteration of the report this fall, we will be hosting this webinar to discuss our findings along with the key trends and challenges that will shape the year ahead.

Join the conversation and discover:

  • The current state of process excellence and scope of transformation programs globally
  • The top methodologies and technologies companies are looking to invest in over the next 12 months to achieve their objectives
  • How organizations are reinventing operational excellence and continuous improvement for the digital ag

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Operational Excellence Experts Discuss
The Trends, Technologies & Challenges That Will Define 2024

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Live Webinar December 12th, 2023 – 11:00 am to 12:00 pm EDT
Activity Type: Education – Course or Training  1 Hour  1 PDU free
Provider:   PEX  – The Process Excellence Network

Digital transformation holds immense potential, yet realizing its full value remains a challenge.

Enterprises often encounter roadblocks when aligning people, processes, data, technology, and networks.

This can lead to fragmented approaches that overlook the human element and underestimate the role of technology.

The outcome? A complex tapestry of legacy and new systems. In this insightful webinar, we delve into the heart of digital transformation, addressing the unique concerns of enterprise leaders.

Learn how to seamlessly transition from silos to a dynamic platform-based operational model.

Discover the keys to unlocking agility, scalability, and customer-centricity—the cornerstones of successful digital transformation.

Join Edge Platforms CEO, Mr. Sateesh Seetharamiah (LinkedIn profile); Elizabeth Mixson (LinkedIn profile) Editor PEX Network and experts from Forrester, AT&T and Boeing.

They discuss the benefits such as:

  • Achieving efficiencies at scale with touchless operations and a higher degree of straight-through processing.
  • Augmenting human potential using generative AI capabilities.
  • Amplifying the customer experience by reimagining user journeys.

Discover how these benefits can be realized through the implementation of an AI-powered platform in your digital transformation journey.

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Leveraging AI In Digital Transformation:
Moving Beyond Anecdotes

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Live IIL Webinar – November 16th, 2023 1:00 pm – 2:00 pm BT
Activity Type: Education – Online or Digital Media 1 PDU – Free
Presented by : IIL (Rep 1003) – Course No: LI8404

This session may fill up quickly so sign up today.

Project environments are complex and unique for every project. Project environment and interpersonal context drive performance as much as, if not more than, clearly defined project scope, objectives, and budget.

Project managers often have no direct authority over project team members or input into performance reviews. Project team members take direction from multiple project managers and line managers at the same time, and work on multiple projects concurrently, creating overload, unclear priorities, and stress.

Because leadership plays a crucial role in determining whether a project will be successful or not, it is imperative that project managers possess the skills necessary to guide and inspire their teams. This includes recognizing and diffusing the negative effects of toxic behavior.

Toxic behavior is often subtle, inevitable on certain types of projects, can be prolonged, and ‘spread’ across the organization to a point of ‘cultural toxicity’. \

Recognizing and diffusing toxic behavior by practicing techniques grounded in acknowledgment, gratitude, and appreciation can help you run projects more successfully and foster a healthier workplace.

Upon completion of this webinar, the participants will be able to:

  • Toxic behavior and its impact on a project and within an organization
  • Role of and techniques in engaging team members
  • Recognizing toxic handlers
  • Identifying toxic behavior in organizations
  • Techniques and practices to diffuse toxic behavior
  • Legal considerations
  • Providing feedback and the Power of Acknowledgment
  • The Cycle of Grateful Leadership for managing project team members

This webinar is presented in partnership with the Center for Grateful Leadership (CGL) a division of International Institute for Learning (IIL).

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Diffusing The Negative Effects Of Toxic Leadership
Gratitude & Appreciation Project Success

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Live IIL Webinar – November 9th, 2023 6:00 am – 7:00 am EST
Activity Type: Education – Online or Digital Media 1 PDU – Free
Presented by : IIL (Rep 1003) – Course No: ITM906

This session may fill up quickly so sign up today.

ITIL® 4 provides a practical and flexible approach to move to the new world of digital transformation and embrace an end-to-end operating model for value co-creation via products and services.

The objective of this webinar is to provide an introduction and a glimpse into the ITIL® 4 framework.

Upon completion of this webinar, will have an overview of:

  • Key concepts of ITIL® 4
  • Four dimensions of ITIL® 4
  • Purpose and components of the ITIL® 4 service value system
  • Activities of service value chain
  • Value streams
  • Guiding principles
  • ITIL® 4 milestones and how to initiate your ITIL®4 journey

Click to register for:
Evolution In IT Service Management Through ITIL® 4

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Business Acumen Strategic / Business

NOTE: For PMI® Audit Purposes – Print Out This Post! Take notes on this page during the presentation and also indicate the Date & Time you attended. Note any information from the presentation you found useful to your professional development and place it in your audit folder.