Integrated Project Risk Analysis

2009 Palisade Conference in New York City Jay O’Connor is a Director at Turner & Townsend Inc. With over 25 years of experience in the areas of estimating, planning and quantitative risk analysis for international projects, Jay understands the complexities that are associated with identifying and assessing project risks. His experience includes both the owner’s and contractor’s side of engineering and construction projects. He has worked in the upstream and downstream oil and gas industry sectors and the pulp and paper sector. His career has taken him to the United Kingdom, Japan, Indonesia, Malaysia, Singapore and Australia.

Jay will present a case study at the 2009 the 2009 Palisade Conference: Risk Analysis, Applications, & Training. The conference is set to take place on 21 – 22 October at the Hyatt Regency in Jersey City, 10 minutes by PATH from Manhattan’s Financial District.

See the abstract for his case study below, and see the full schedule for the Conference here.

Integrated Project Risk Analysis

When conducting project risk analysis, it is not uncommon for the qualitative risk, quantitative schedule and quantitative cost risk analysis to be conducted separately and kept independent of each other. While some software packages attempt to integrate all three into one analysis, these efforts tend to fall short in one area or another. Turner & Townsend’s approach is to integrate the residual risks and opportunities along with the results from the schedule risk analysis into the cost risk analysis to develop a more fully integrated project risk analysis. The presentation will discuss our approach to risk analysis.

October 21-22 in NYC

Building on the success of last year’s record-breaking event, the conference will offer a wide range of software training, model building, and real-world case study sessions. Last year, the event drew over 150 practitioners and decision-makers from a broad spectrum of industries. The @RISK and DecisionTools software tracks were more popular than ever. This year, we’re expanding software training with sessions that let you walk through examples and try the tools directly. This will enable you to take some new tips back to the office. Please join us in October for a great opportunity to learn and connect with colleagues.

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