Wednesday, May 22, 2013, took place the seminar “Risk management – proactivity for profitable projects” organized by Infinity Business Solutions. The event addressed risk management experts and those who intend to specialize in this area and is part of a series of seminars in the various areas of project management discipline.
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The seminar series was started by Infinity Business Solutions’s initiative to promote internationally recognized best practices and project management software in the Romanian economic environment.
The seminar was attended by over 70 people, among whom were OMV Petrom, Rompetrol, Romgaz, Transgaz Romelectro, ISPE, Siemens Energy, Kremsmueller, Bog’Art, and Techno Engineering representatives.
In the first part of the conference, Dan Precupescu, IBS Executive Manager, discussed the general concepts of risk management with a focus on identifying and assessing risks, existing probabilistic methods, monitoring and control. At the end of the presentation participants shared their experience in identifying and assessing risks.
Subsequently, Tiberiu Vulpes, General Manager at Infinity, proposed participants an interactive workshop during which each company representatives had the mission to make a three-point estimate of project activities and identify and assess the risks which may occur in the same project and existing solutions to mitigate these risks. Based on data obtained, Infinity specialists determined the contingency budget using Primavera Risk Analysis.
In the second part, Adrian Predoi, Technical Manager at Infinity, discussed in detail the most complex risk management software solution – Primavera Risk Analysis. He presented the impact of risks on cash flow for risk investment projects, making an objective determination of reserve of time and money with the help of Primavera Risk Analysis.
Finally, Ovidiu Bradin, Head of Project Services at OMV Petrom E&P, presented participants – Risk management of large capital projects, providing information on threats and opportunities they have encountered in the presented projects. One example was the case study on one of the most publicized accidents that marked the 80’s, the Challenger shuttle disaster.
After evaluating the event, the feedback was positive, the interest was quoted at maximum and the debated topics were assessed as being of great use for those present.
“Success in project development and risk management is a current topic of interest, intensely debated. The seminar organized by Infinity Business Solutions, as an intensive and interactive workshop allowed clarifying specific problems regarding managing the threats and opportunities of a project and provided a valuable opportunity to exchange experiences between participants. We want to thank the Infinity team for the great event planning and wish them success in achieving the objective of developing an organizational culture on the subject!”, said Simona Dumitrescu, project manager of Transelectrica SA.
Seminar series continues, another event of this kind, but of greater scale, will take place this autumn. Stay tuned for details about the event.
Ana-Maria Geamăn,
Marketing Specialist
