agenda
| DAY ONE - Wednesday, August 12, 2009 | |
| 8:00 am | Registration & Networking Breakfast |
| 8:45 am | Opening Keynote Managing Risk in a Global Environment In this compelling session, The Boeing Company will explore demand and operational risks from a domestic scope to the global environment. They'll consider both quantitative and qualitative risk, and explicitly recognize the dynamic environment in which global programs operate.
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| 9:30 am | FV430 Bulldog Program Performance Excellence in Risk Management This session will draw upon the practical application of risk management best practice theory whilst demonstrating the attributes that have contributed to performance excellence of the Bulldog program - a program that BAE has transformed the aging British Army 1960s FV430 series vehicle into a 21st Century war fighting platform. Performance excellence and benefits have been achieved by adopting effective risk management and best practice processes in customer-supplier relationship management, commercial relationships, schedule delivery and much more.
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| 10:15 am | Networking Coffee Break |
| 10:30 am | Gaining Financial Accountability and Transparency across Complex Projects Hear an innovative case study where the Army's HQDA G8 Traceability Enterprise Project process, that includes over 40 financial, contracting, and logistics database systems and integrates over 15 major process improvement projects, tracked and traced procurement-funded equipment from budget justification materials through receipt of equipment at the unit-level. Two major Integrated Process Improvement Teams (IPT), Financial Synchronization and Transparency IPT and Delivery Certification IPT, have been formed to improve processes and to answer two basic questions - Did the Army Components receive the amount of equipment as expected? What is the explanation for receipts of equipment that were less than expected?
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| 11:15 am | Leveraging Technologies to Mitigate Risk and Maximize Opportunity Information Technology can be significantly leveraged to assist in managing and mitigating risk throughout the product lifecycle. IT tools can be utilized to manage risks, manage requirements, implement project controls and manage data. Several examples will be presented where tools have been implemented to assist in managing the risk throughout the product lifecycle.
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| 12:00 pm | Maximize Enterprise Risk Management to Quantify Program Returns and ROI Managing risk means to maximize the value from the volatility inherent in the firm's business environment, not to merely minimize that volatility as is often practiced. This session will explore how risks management in a program organization creates value by looking at three channels: financial flexibility at minimal cost; capital allocation and performance management; and operational and strategic flexibility.
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| 12:30 pm | Networking Luncheon |
| 2:00 pm | Diversifying Regulatory Risk (Leveraging Supplier Approvals) Bringing a certified aircraft or engine to market is fraught with timeline and technical risk but there are ways to control these risks internally and also to diversify regulatory responsibilities among the supplier base. Once the certification hurdle has been overcome the regulatory responsibilities of continued airworthiness and manufacturing quality oversight are also areas where risk can also be diversified. Through careful program management and the selection of suppliers who will obtain design approvals and manufacturing approvals for the parts they supply (through TSO or STC/PMA) manufacturers can diversify regulatory risk among their partners.
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| 2:45 pm | Risk Control in the Fast Lane Completing several space projects ahead of schedule and under budget has taught Steve Carman of Northrop Grumman the value of rigorous risk and opportunity management. With successful stories on managing three projects with unusually short schedules in the past decade, Steve will share risk tools and schedule control techniques he developed to ensure on-time, on-budget delivery, and how these techniques are changing other programs at NGAS.
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| 3:30 pm | Networking Refreshment Break |
| 3:45 pm | Creating a Successful Risk and Opportunity Culture Hear how Boeing IDS is mitigating risk in day-to-day operations by creating a culture and operational rhythm for enhancing program performance.
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| 4:30 pm | Managing Risk Across the Value Chain to Enhance Execution In a typical company subcontracts are 50-60% of cost. Consequently, supply chain performance is "your" performance. In this engaging session, John Hatch details successful methodologies to predict and proactively manage supply chain risk to the multi-tier level. This focus drives enhanced execution and protects project value.
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| 5:15 pm | Close of Day One & Networking Reception |
| DAY TWO - Thursday, August 13, 2009 | |
| 8:30 am | Networking Breakfast |
| 9:00 am | Strategies & Solutions Exchange Enabling Program Risk Analysis through Process Performance Modeling
Utilizing an enterprise-wide license for Crystal Ball and an internally developed algorithm & interface, SAVE enables projects to statistically predict their likelihood of meeting schedule milestones; identify task drivers based on their contribution to overall cycle time and their % of time spent on the critical path; and develop strategies for mitigating the identified risk based on a SAVE captured set of best practices. Inputs into the SAVE model are the overall scheduling requirement, the statistical estimation of individual task activity duration, and an understanding of the individual task sequence relationships (which process steps feed which other process steps). SLAM quantitatively predicts downstream hardware / software development cost performance utilizing requirements volatility and requirements / design lifecycle overlap inputs and similarly provides a set of potential risk mitigation strategies. A demonstration of both developed models will be shared along with quantitative and qualitative results from their organizational deployment.
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| 9:45 am | Raytheon IDS Demonstration on SAVE and SLAM models |
| 10:00 am | Scenario-based Problem Solving Exercise |
| 10:45 am | Networking Coffee Break |
| 11:00 am | Closing Keynote Session Why A&D Programs are Late and Over-Budget and What can be Done to Fix the Problem Defense Secretary Robert Gates acknowledged that DoD has been “adding layer upon layer of cost and complexity onto fewer and fewer platforms that take longer and longer to build” and that this trend “must come to an end.” But how? What is behind this troubling pattern of cost overruns and schedule delays – and what can be done to address it? In our Closing Keynote presentation, General Charles Wald, former Deputy Commander of the U.S. European Command will highlight the five root causes to this problem and share proven and actionable strategies that can be leveraged to effectively overcome them.
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| 12:00 pm | 2009 Program Risk Forum Concludes |
