PMI Vancouver Island Chapter - May Dinner Meeting

Monday, May 12, 2008 5:30 pm PT - 8:30 pm PT
Victoria, British Columbia




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Event Details

Note:  Ticket sales end on Friday, May 9th at 4:30pm. 

Dr. Harold Kerzner presents:

MANAGING PROJECTS UNDER LONG-TERM UNCERTAINTY:

THE IRIDIUM PROJECT

 The Iridium Project was designed to be the 8th wonder of the world; a complete global satellite communication system where you call anywhere in the world at any time. But after more than 10 years of development and at a cost in excess of $6 billion, Iridium filed for bankruptcy protection within the first 8 months of operations.   The case study is a classical example of the complexities in managing long-term, high technology projects.  Topics discussed include: developing a business plan under market uncertainty; the necessity to evaluate assumption periodically; when to evaluate the assumptions; establishing a cost baseline under uncertainty; managing a long-term project under extreme risks; managing a global project team; the differences between a project champion and an exit champion; the risks of establishing a collective belief; the importance of project risk management; establishing a criteria for canceling a project; the danger of spending good money after bad money; the importance of politics in project decisions; and the application of professional responsibility.

 
 
Date, Time, and Location
Date
Monday, May 12, 2008

Time
5:30 pm PT - 8:30 pm PT

Location
Ambrosia Catering & Event Centre
638 Fisgard Street,
Victoria, British Columbia V8W1R6
Canada

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