Accounting for Uncertainty in Business Decisions

Risk is often defined as a measure of future uncertainties in achieving program performance goals and objectives within defined cost, schedule and performance constraints. As a business leader, how do you minimize the amount of cost, schedule, or performance surprises in order to achieve targets and goals? While it’s impossible to anticipate all of the pitfalls and risks associated with project and program management, there are proven tools and techniques that can help you predict and minimize uncertainties as you move through complex efforts. In this presentation, we'll discuss principles and methods for communicating, aggregating, and visualizing uncertainties through interactive risk dashboards.

Media

Handout and slides

About The Speakers

Shaun Doheney

Shaun Doheney

Chief Analytics Officer, JDSAT Operations Research & Big Data Sciences

Shaun Doheney is the Chief Analytics Officer for JDSAT – a certified Service-Disabled Veteran-Owned Small Business specializing in Operations Research and Data Science. Shaun is also the Chair of Resources and Readiness Applications at ProbabilityManagement.org - a nonprofit devoted to the communication and calculation of uncertainty. He holds a B.S. in Mathematics, an M.S. in Operations Analysis, and a Graduate Certificate in Data Analytics. As a Marine Corps Lieutenant Colonel (Retired) and Marine Operations Research Analyst, he has performed quantitative and qualitative analyses and evaluations across major DoD decision support processes.