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Lecture

Conquer Uncertainty: A Practical Introduction to Project Risk Management and Monte Carlo Simulation

May
30
30 May 2025 /  
1:00pm - 2:00pm
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Online event

About

In this engaging webinar, you will explore the fundamental concepts and tools that can help you effectively navigate uncertainty in project environments. We’ll begin by demystifying the principles of risk management—explaining how to identify, assess, and respond to potential challenges before they derail your objectives. From there, we’ll delve into the power of Monte Carlo simulation, an indispensable technique used to model varying project outcomes and quantify risks under diverse scenarios. Through real-world examples and interactive discussions, you’ll discover how harnessing data-driven insights can significantly enhance decision-making and boost your project’s success rate. By the end of this session, participants will walk away equipped with practical strategies and actionable knowledge to confidently manage risks in any project landscape.

Project Control
Leadership and Management

1

Continuing Professional Development

This event can contribute towards your Continuing Professional Development (CPD) hours as part of the IET's CPD monitoring scheme.

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30 May 2025 

1:00pm - 2:00pm

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Organiser

  • Project Controls TN

Speakers

Rami Salem

Risk Management Consultant - Institute of Qualified Risk Managers (IQRM)

Rami Salem is a Risk Management Consultant at IQRM with 14 years of experience in both Risk Management and the Oil & Gas sector. He specializes in project risk management training and consultations, spearheading IQRM’s signature QRM program, which focuses on applying quantitative risk assessment to schedules and budgets. Rami has partnered with industry leaders such as Saudi Aramco and ADNOC, providing expert guidance to enhance risk mitigation strategies and optimize capital project outcomes.

Register

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Free to attend

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