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PM War Stories #6 – Creating a PMO: Coping with Risks and Uncertainties of Project Management (Part Two)

September 30, 2007 from wayne@pmwarstories.com (Wayne Thompson)

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Download PMW_0006_PMRisk_Part2.mp3 (12.8MB)

Part one of our August show brought to light the realities project managers face when coping with risks and uncertainties in their projects.  This episode will examine the consequences of both carefully managing and disregarding the signs of risk and uncertainty in projects.  Project managers more often that not are faced with coping with challenges that can stonewall their projects.  Those who have developed the appropriate coping skills to manage these challenges have a better chance in ensuring project success and being perceived effective in their jobs.  Inversely, those who ignore the signs of risk will most likely result in project failure and in some cases the loss of credibility as an effective project manager.

In light of this, the second episode of our August show will provide insight in which risks and uncertainties in project management have lead to success and failure in two different instances.   

In the second episode the show is divided into 2 segments:

In Part 1, we will bring you the second half of our interview with an industry insider. This month we will be talking to industry insider, Beth Partleton, the Director of Operations and Project Management for the Miller Brewing Company.  Beth has more than 30 years of project and portfolio management experience in manufacturing and construction and her current focus is developing a better link between portfolio management and Miller’s corporate strategy. In this portion of her interview she will be sharing her insights and strategies around the sustainability and success of the project management office she created for the Miller Brewing Company

In Part 2, Willie Maykett, our in-house project management specialist, will sound off in Painfully Honest with Willie Maykett. This episode will examine “The Flamingo” hotel construction project and its colorful project manager Benjamin “Bugsy” Siegel whose blatant disregard of risk lead to his failure as a project manager and his ultimate murder, despite his incredible vision that would set the stage for the development of the Las Vegas hotel strip.

We hope you enjoy the show and encourage you to send your questions, issues, and war stories.

Music Notes
1. The opening of the episode – “Montreal” by Glass Rose
2. Intro to interview with industry insider – “Miller Light” by Cabomano
3. Intro to Painfully Honest with Willie Maykett – “Will he make it to monday?” by Undetermined 
4. Outro to Painfully Honest with Willie Maykett – “Casino Hero” by The Pseudonyms
5. The closing of the episode – “Beerology” by BrandX

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