Practical Lessons in Applying Complex Systems Theory to
Complex Project Risk Management
WEBINAR RECORDING
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ABOUT THE WEBINAR
The fact is, modern projects are not getting any simpler; only more and more systemically complex.
For most modern projects, this increased complexity can be felt on a daily basis – the shear volumes of information, work packages, systems, interfaces and stakeholders which need to be controlled in order to succeed is steadily becoming insurmountable. It is thus only a matter of time before the invested project risk management community is forced to start looking at project risks with a complex systems’ mindset.
It is inevitable that at some point in the project complexity growth curve, appointed officers will need to better understand how disruptive phenomena emerge from highly inter-connected and co-dependent working relationships. More significantly, appointed project officers will need to start adopting academically valid methods for controlling project complexity as well as all the associated risk phenomena (emergence, disruption, chaos etc.)
This ICCPM webinar with Warren Black discusses practical, case-tested methods for applying Complex Systems Theory to modern Project Risk Management. This is an excellent opportunity to explore Warren’s academic findings from his 7-year PhD research conducted at the Queensland University of Technology (QUT) titled, Investigating a Complex Systems Theory Approach to Complex Project Risk Management. The collected lessons include an extensive academic literature review combined with sample population testing across numerous high-profile, mega programs within natural resources, transport and general engineering infrastructure.
ABOUT THE SPEAKER
Warren Black
Warren Black is an Engineer, Risk Professional and Complex Systems’ Thinker, who has particular interest in understanding how the complexity sciences may offer a better means to controlling complex-emergent risks within highly complex organisations.
Warren consults to industry on how to improve Governance, Risk & Assurance practices so that they may reflect not only the degree of investment at risk, but also the specific complexities in play.
Warren has recently completed seven years of PhD research at Queensland University of Technology (QUT) and his submitted thesis is currently under the final examination. Learn more about his work at www.complexus.com.au.