PVaR™ – Project Value at Risk: a new indicator and approach to connect risks to business outcomes
Project professionals and earned value practitioners in particular realise the great value that the right indicator and approach could add to managing a project.
PVaR™ is an extension to the VaR (Value at Risk) indicator, widely used in finances.
PVaR™ answers some of the most significant questions in project management by using only 3 well know and widely accepted figures: confidence level, project phase and money or schedule. It’s a fresh way of thinking beyond the project barriers to allow a data oriented fruitful conversation between project professionals and others. PVaR™ takes us one step closer to the data revolution that’s coming our way
Shai is an academic leader in Strategic Planning, Strategic Risk Management and Project Management. He holds a Bachelor of Science (BSc) degree in Agricultural Economics & Management from the Hebrew University (1997) and is a graduate of the Edinburgh Business School MBA at Heriot-Watt University (2006). For his PhD studies in EBS, he researches sustainability-oriented strategy and innovation.
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