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MPA Phoenix Chapter Meeting Sept. 8th 2008

MPA Phoenix Chapter Meeting Sept. 8th 2008

Monday, September 08, 2008 at 5:15 PM (MT)

Phoenix, AZ

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Event Details

MPUG Phoenix Chapter Meeting

Presenting Scott Brunton

Sept. 8th, 2008 - Integrating Risk into Project Scheduling

When: Monday September 8th, 2008; Registration 5:15pm; Networking and Business Card Exchange; Meeting Starts at 5:45 pm

Where: Microsoft Desert Mountain District; 2929 N. Central Avenue; Suite 1400; Phoenix, AZ 85012 Between Thomas & Catalina

How: Pizza and soda provided by Microsoft; Parking (at a cost of $1.00 per ½ hr) is available at Phoenix Plaza Parking Garage

Members Trial Membership for non-members Free 90 Day Trial Membership 

Integrating Risk into Project Scheduling

Straight forward application of MS Project as a project scheduling tool would use single-point duration estimates for individual task durations, which, in itself, is generally optimistic.  A better approach would be to use the integrated PERT capability to apply multi-point estimates.  In reality, duration estimates are best represented by a probabilistic distribution and start-to-finish completion times developed by iterated simulations of the schedule network against these distributions.

This presentation will review the PMI® process of risk management, discuss means of representing duration estimates within MS Project, and extend these concepts to provide advanced probability-based simulation and branching in project schedule execution through the use of a third party add-in.

Presented by Scott Brunton – Scott is a Senior Consultant with Lewis & Fowler (www.lewisandfowler.com) currently providing Planning support to a local defense subcontractor for the NASA Orion Program.  He has delivered years of experience in the DoD proposal management and commercial engineering/business development & analysis domains.  Scott holds Masters Degrees in Business Administration and Electrical Engineering, is PMP and Six Sigma Greenbelt certified, and referees ice hockey as a hobby.

 

 

MPUG Phoenix is sponsored by:

MPA Sponsors

MPUG WEBSITE http://www.mpug.com

 

When
Where
Microsoft Desert Mountain District
2929 N. Central Avenue
Suite 1400
Phoenix, AZ 85012



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MPA

Mission Statement: To provide a medium for individuals who are interested in MS Project, related software and tools and help cultivate an environment to provide professional growth and networking opportunities for the community. In addition help nurture the learning of new techniques and refine skills around project management. LINK TO LOCAL PHOENIX CHAPTER WEBSITE http://www.mpaphx.org
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