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DTSTART;TZID=America/New_York:20210609T120000
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SUMMARY:ICEAA TechShowcase: WBS Allocation
DESCRIPTION:Palisade Presents: \n \nWBS Allocation\nWednesday\, June 9 2021\n12 noon EDT \nYou’ve built a comprehensive project cost estimate that accounts for significant risks and uncertainties. The project baseline uses most likely values provided by those responsible for each control account/WBS element. A contingency reserve has been determined from cost risk/uncertainty analysis simulation results in conjunction with either the PM’s tolerance for risk or corporate policy. These funds have been earmarked for use by the PM as needed. NICE WORK! But … in the back of your mind is a nagging concern that some of those involved may be trying to game the process. If only there was a way to judge when an area of risk or uncertainty was diving too deep into the pool of contingency funds. This webinar will demonstrate a procedure known to many as WBS allocation; a technique for determining proportionate “fair share” amounts that can be used to help manage these funds. The technique incorporates @RISK simulation results including tornado graphs and statistic functions.\n \nPresented by Dr. Steve Van Drew \nDr. Steve Van Drew embodies the jack-of-all trades lifestyle as a former leader/manager\, academician\, and analytical practitioner\, with a multi-disciplinary education in engineering\, applied economics\, and management science/operations research. Steve enjoys a busy “retirement” near Richmond\, VA\, and yet manages to dedicate time to share his passion for spreadsheet modeling and @RISK.
URL:https://www.iceaaonline.com/calendar/iceaa-techshowcase-wbs-allocation/
LOCATION:Virtual Conference Call
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