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27 Oct 2015 | Professional Development | Time: 7.00pm to 9.00pm|
Your Estimates Are Always Wrong! (Why, and How to Fix Them)
PDUs: 2

INTRODUCTION

The amount of time (and the resources) needed to implement projects is far too often underestimated. This is particularly true when the project manager is not familiar with the work to be undertaken. Very commonly we hear that "unexpected events" or "unscheduled high priority work" occurred and caused the time or cost overruns. In far too many cases project managers just simply fail to allow for the full complexity inherent in any project, or the ever present potential for errors and stuff ups.

What is most surprising is that this is nothing new! Shewart, Goldratt, Brooks, Graham, Leach, Lewis, and many others have written about this. So why do we still struggle with our estimates?

WHAT YOU WILL LEARN

ü  The nature of estimates
ü  Why "an exact estimate" is an oxymoron
ü  How uncertainty, bias and behaviour affect estimates
ü  How Monte Carlo analysis, PERT and Critical Chain Project Management can make estimates more realistic.

TOPIC OUTLINE:

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SPEAKER PROFILE -  Bob Mittelsdorf

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Bob Mittelsdorf is a consultant and trainer with over 35 years of experience. He has worked on projects throughout the Asian region, organizing and leading multi-discipline and multi-project teams. He is actively involved in keynoting and presenting adult education courses on various project management topics (project planning and scheduling, budgeting and cost control, project risk management, contracting and procurement, project product and process quality management, project leadership and teamwork, project communication and stakeholder management, etc.).

Companies who have benefited from Bob’s views on how to manage projects include: ABB, Arabia Cement Co., ARAMCO, BASF, BP, CAAS, Cisco Systems, Civil Aviation Authority of Singapore, Compass Energy, Delphi, Dialog Group Berhad, Enderess + Hauser, Exxon Mobil, Flextronics, Halliburton, Imerys, Jebsen & Jessen, JTC (Singapore), Jurong Engineering Limited, Kingsmen, Kuwait National Petroleum Corporation, Malaysia Marine & Heavy Engineering, MINDEF (Singapore), Motorola, M+W Group, Otis, Pertamina, PETRODAR, Petroleum Development of Oman, QatarGas, SATS (Singapore), Shell, PT South Pacific Viscose, Surbana, Syngenta, Telekom Malaysia, the United States Air Force, the United States Marine Corp Community Services, Volkswagen, Wincor/Nixdorf, World Tankers, Zamil Steel, and many, many others. 

 

 

Bob has worked and lectured in over two dozen countries, including Angola, Australia, Azerbaijan, Brunei, China (including Hong Kong & Taiwan), Egypt, France, Holland, India, Indonesia, Japan, Kuwait, Korea, Malaysia, Myanmar, New Zealand, Oman, Philippines, Pakistan, Saudi Arabia, Singapore, South Africa, Sudan, Switzerland, Thailand, the United Arab Emirates, the United Kingdom, the United States of America and Vietnam.

Initially trained in architecture at Kent State University, Bob holds a BSc from the University of the State of New York, an MBA from the National University of Singapore, and a Master’s Certificate in Project Management from George Washington University. He is a Professional Member of the Asia Professional Speakers - Singapore (APSS).

Who Should Attend

Ø Project Team members /Program/Portfolio/Project Managers and Project Sponsors
Ø Project/Senior level management, executives and professionals responsible for projects
Ø Project resources who are aspiring to become Project Leaders.
Ø Business Professionals seeking to enhance their communication and project management skills

Event Particulars

Register-Now

Date:     27 Oct 2015, Tuesday
Time:    
7.00pm to 9.00pm, Registration and Refreshments starts from 6.30pmonwards
Venue:  TBA
PDUs:    2

SPMI Members: SGD 65.00 
Non-Members:   SGD 75.00

SPMI Members please log-in to avail members' rate