PMI Galleria: "How Long Will It Take to Complete My Project? A Study in ProbabilisticsĀ Using Monte Carlo Analysis"

    May 09, 2018
    5:30 PM - 8:00 PM
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    Houston Community College (West Loop Campus)
    5601 West Loop S
    Houston, TX 77081
     Directions

    PMI Galleria Meeting

    *NEW VENUE: We will be meeting in ROOM C108 (A&B)*
    *PARKING: the Main parking lot, between the school and 610, is available to PMI attendees.* 

    Please see this map for more information!

    Pre Meeting: "Boost your Leadership IQ: How to Successfully Transition from a Technical Contributor to a High Performing Leader"
    Mark Hordes

    A former partner with a “Big Five” management consulting firm, Mark has successfully led global people and leadership development engagements for clients  such as Bentley Construction Systems , SADARA, GE, KBR, Chevron, Hoechst Celanese, Shell Oil, Baker Hughes, Blue Star/China, Tasnee, ConocoPhillips, Schlumberger, Tenneco, Dow, ABS, Sea Land, American Express, FASA Renault, Holiday Inns World-Wide, SABIC  Europe as well as clients in Europe, Middle East, Mexico, Asia, China, Scandinavia, Africa,  South America and Canada.
    Mark is a “Leadership Development Thought Leader” founder and former managing editor of the  Organizational Excellence Journal (OEJ) an electronic Leadership Development newsletter with a subscriber base of over 20,000 monthly readers. He is a sought-after “keynote”  business motivational speaker, management consultant, and co-author of the best-selling business book: “S-Business: Reinventing the Services Organization”  
    Topic Description:
    This Session Qualifies for: 
    Leadership    
         
    Dinner Meeting: "How Long Will It Take to Complete My Project? A Study in Probabilistics Using Monte Carlo Analysis"
    < Speaker Image>
    Chris DelGardo, PMP
    Speaker Company

    Chris DelGardo, PMP is the president of Knowledge Formation in Houston, TX. Chris has over 26 years in management, including 18 years in project management and business process development. 

    Chris started in small projects – managing a few internal software projects within Dell Computer. Later, he moved on to Waste Management, as the Project Manager responsible for the execution stage of the WasteRoute project in the Midwest and Canada groups. His teams were responsible for the logistics optimization of the entire fleet of vehicles across a geographically dispersed region.

    For 12 years, Chris consulted for major capital projects in the energy sector ranging from $10 million to $40+ billion across six continents. Key areas of expertise include probabilistic cost and schedule risk analysis, project execution planning, project framing, corporate project management system training, value improving practices, etc.

    Chris has conducted project management training and PMI courses since 2007, he has spoken at several industry conferences, and volunteers his time at PMI Houston as a presenter & as the Director of Programs West.

    Topic Description:
    Even with our growing knowledge base of project management, delay and cost overrun continue to plague projects of all sizes, across multiple industries.  Cost and Schedule Risk Assessment (CSRA), when completed at key times in the project lifecycle, improve the potential for project success and predictability by helping stakeholders identify and quantify the risks and opportunities.  By applying Monte Carlo analysis to the project cost and schedule, project managers can provide investment decision makers with a realistic and quantified range of uncertainty around the budget estimates and completion dates.  This can also provide the project team with a holistic view of the project’s risk profile for effective risk mitigation.

    This presentation will provide an introduction to probabilistic risk analysis, share techniques that can
    be used in any project, in any industry, and share some examples of how this technique has been used to improve project decision making. 
    This Session Qualifies for: 
    Strategic    

     

    Meeting Agenda:
    5:30 pm to 6:30 pm     Pre-dinner Speaker Presentation

    6:30 pm to 7:00 pm     Networking, Dinner Opens, Chapter Announcements
    7:00 pm to 8:00 pm     Dinner Speaker Presentation


    Professional Development Units (PDU) for PMI certified professionals:

    The introduction of the updated CCR system, has resulted in a much simpler procedure for claiming PDUs.             As before, there are no specific PDU codes for events that award up to 2 PDUs. Each PMI Houston meeting with a 1-hour presentation, on a PM Talent Triangle topic, equals 1 PDU. (The category for each presentation will be indicated on the web-site)  This includes dinner meetings, pre-dinner meetings and meetings at any of PMI Houston's satellite venues.  If you attended both pre-dinner and dinner presentations, please submit 2 PDU claims following the process below for each presentation event.

    Procedure for getting PDU credit for PMI® Houston’s meetings towards the recertification of your PMI credential (PMP, PgMP, etc.):

    1. Go to www.pmi.org and log in using your pmi.org Username and Password.
    2. Select myPMI and click on “Report PDUs”
    3. Click on “Organization Meetings” and fill in the form.
    4. Organization Host " PMI Houston "
    5. Title  “Chapter Meeting”
    6. Meeting Number (Optional)  C012 (zero)
    7. Date Started Use Calendar to complete
    8. Date Completed Use Calendar to complete
    9. PDUs claimed - Enter 1, under the relevant category of the Talent Triangle. (Each 1 hr. presentation equals 1 PDU)
    10. Review the data entered, if correct click the box indicating "I agree this claim is accurate"
    11. Click Submit

    Save a copy for your records

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