Best Practice Risk management solutions, helping you to reduce risks and exploit opportunities in your business, programmes and projects.
Society for Cost Analysis and Forecasting - Workshop
Tuesday 9th February 2010, Royal Institute of Naval Architects, Victoria, London
Val Jonas, CEO from Risk Decisions Group will be participating in this event as a speaker and will deliver the presentation "How do you get a Return on Investment from Risk Management?" just after the lunch break at 13:30pm.
Everyone agrees managing risk is a good thing, but it has traditionally been very hard to justify proactive expenditure on risk management activities. It is difficult to convince an organisation to expend valuable resources on mitigating the impact of perceived future events that may, or may not occur. Additionally, after taking proactive action, how does the risk practitioner quantify the benefits realised? However, there are ways to convince your senior managers that you can measure the value of risk management. And more importantly, you can show proactive risk management action, the organisation is probably going to be in for some rather unpleasant surprises.
This presentation provides a practical view on how to measure the value of risk management using Return on Investment (ROI), building up an example in a series of steps: performance based contracting, the effects of late delivery on ROI, the effect of risk events on ROI and measuring the value of risk management using a series of what-ifs.
Val Jonas, CEO from Risk Decisions Group will be participating in this event as a speaker and will deliver the presentation "How do you get a Return on Investment from Risk Management?" just after the lunch break at 13:30pm.
Everyone agrees managing risk is a good thing, but it has traditionally been very hard to justify proactive expenditure on risk management activities. It is difficult to convince an organisation to expend valuable resources on mitigating the impact of perceived future events that may, or may not occur. Additionally, after taking proactive action, how does the risk practitioner quantify the benefits realised? However, there are ways to convince your senior managers that you can measure the value of risk management. And more importantly, you can show proactive risk management action, the organisation is probably going to be in for some rather unpleasant surprises.
This presentation provides a practical view on how to measure the value of risk management using Return on Investment (ROI), building up an example in a series of steps: performance based contracting, the effects of late delivery on ROI, the effect of risk events on ROI and measuring the value of risk management using a series of what-ifs.
Registration and costs
Registration ad coffee will be available from 09:00. The workshop will commence at 10:00am. The cost for the workshop is FREE to members of the Society. Non-Members are welcome to attend at a cost of £80 per delegate.
9:00 Coffee and Registration
10:00 Welcome and Introduction
10:10 Investment Appraisal - Current Policy, Advice and Guidance - Neil Davies, Chief Economist, & Head of Division for Economic Statistics and Advice, Ministry of Defence
10:55 Investment Appraisals: Estimating Uncertainty and Exchange Rates - Paul Duvall, Principal Consultant, QinetiQ - HVR Practice
11:40 Estimation of Non-Recurring Costs of Manufacture - Ron Bradbury, PhD Student, University of Bath
12:30 Lunch
13:30 How do you get a Return on Investment from Risk Management? - Val Jonas, CEO, Risk Decisions Group
14:15 Expoitation of OA techniques to support IA and decision making - Colin Drysdale, Senior Consultant, Atkins
15:00 Tea
15:30 Round table discussion
16:30 Closing remarks
Please Register Below ;
