The Project Risk Management Skills They Never Taught You!

Nowadays, project managers are constantly bombarded with multiple risks and everyone thinks his/her risks are unique and therefore should be treated as “Top Priority”.  As Project Managers, we are not trained to be a full-time risk manager but more of a project manager who can manage the “Project Constraints”, as a rigid activity.  But, wait a minute! Aren’t risk management is a key part of what we do?  If money is on the table, and we are coerced to satisfy quality over “pocket money”, do we really do how to manage these risks?  In another word, when money talks, do we understand?

When money talks, Project Managers are not necessarily trained to deal with these “old territories”. “Project Management Institute (PMI) defines project management as the application of knowledge, skills and techniques to execute projects effectively and efficiently.  It is a strategic competency for organizations, enabling them to tie project results to business goals – and thus, better compete in their markets.”  From this broad definition, it can be inferred that Project Manager could benefit from Project Management discipline to execute their projects more efficiently and effectively. For example, good project management discipline can aid the project management team in completing their product launching on time, on budget, and scope. On the other hand, good project management discipline could also stop clients from spending money on projects that fails.  Both of these traits are considered positive and negative risks management respectively in the Project Management Body of Knowledge.  However, often times there are invisible hands that interfere with these risks especially when money talks.  Hence, project managers are at a dilemma.

Do you want to know more about this topic? Let's join us at The International Conference on Project Management, PM DAY 2014, theme "The X Factors of Project Management - Reveal the Secrets to Project Success" that will be held on March 24th, 2014, Hotel Bidakara, Jakarta. 

In this two-hour presentation, we will cover the Five Karate Principles that could be embraced by project managers to successfully manage difficult-to-face project risks including corruption, conflict of interest, stakeholders conflicting objectives, hidden motives, etc.  Specific applications of karate disciplines in project activities will be shared.  The first Karate Principle, “Fighting to Win”, shows how to identify critical project risks up front without fear, even if it means losing one’s job and/or one’s project in the midst of “Money Talks”.  Using the second Karate Principle, “Seek Perfection of Character”, the participants will be trained on how to keep your “opponent” from striking your spirit by identifying the hidden intention first and then manage that intention, from the start till the end of the project.  “Attack or counter attack” is the third principle that can be deployed to manage your project risks effectively.  The strategy of attack, “Ken No Sen” is launching an assault to neutralize negative risks before your opponent has a chance to react.  And, the strategy of counter attack, “Tai No Sen” is to wait until the opponents get deeper into the risks and then neutralize them once and for all.  The fourth principle, “Identifying Suki – The Gap”, is really the back bone of project risk management.  A slight crack or slit in a negative project risk could be taken advantage of and neutralized when we are constantly seeking for that opening.  It’s an unguarded moment. The fifth principle, “Applying Indirect Approach” in managing your risks.   At times, you can put your opponent’s power to your use, especially when one becomes very greedy and selfish.  The negative energies that produce negative risks can be absorbed and turned around against that very force.

Based on the teachings of ancient Karate principles, this seminar can not only help you to better manage your project risk, but learn to lead others and unleash their project risk management skills and knowledge. Discover the same proven principles that have led the world’s foremost project management leaders to the professional project success they dreamed of.

For more information about this event visit www.avenew-indonesia.com. Download ebrochure of this event here!