M2D2 Luncheon - Risk Management First Principles

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Event Date

Risk Management First Principles

featuring

Thomas Erickson
Lockheed Martin

This event is full. Please check back for the M2D2 program next month.

Registration and Cost

Registration and Cost

Free Program - No Cost to Attend

The M2D2 Event is free of charge and open to all interested PMs. However, preregistration is required

When:

Monday, March 22nd, 2010, 11:30am to 1:00pm

Where:

USDA Cafeteria Conference Room
US Department of Agriculture
1400 Independence Avenue SW
Washington, DC 20250
(Driving Directions)

Metro Accessible via Smithsonian Station

Photo ID is required to enter the facility

About the Program

Risk Management First Principles

Risk management can become very complicated – so complicated it is easy to get lost in the details.  This tools session is an attempt to clear away the confusion and discuss the fundamental elements common to all risk management activities, from the boardroom to the back room.  

They are: Objectives; Plans; Uncertainties; Responses; and, Management.  The presentation includes brief definitions of common risk management terms and touches on risk management for both negative outcomes – Threats, Mitigations and Contingencies – and positive outcomes: - Opportunities, Promotions; and, Exploitations.  A running example throughout the presentation helps cement the concepts. 

Risk Management First Principles

featuring

Thomas Erickson
Lockheed Martin

Free Program - No Cost to Attend

The M2D2 Event is free of charge and open to all interested PMs. However, preregistration is required

When:

Monday, March 22nd, 2010, 11:30am to 1:00pm

Where:

USDA Cafeteria Conference Room
US Department of Agriculture
1400 Independence Avenue SW
Washington, DC 20250
(Driving Directions)

Metro Accessible via Smithsonian Station

Photo ID is required to enter the facility

About the Program

Risk Management First Principles

Risk management can become very complicated – so complicated it is easy to get lost in the details.  This tools session is an attempt to clear away the confusion and discuss the fundamental elements common to all risk management activities, from the boardroom to the back room.  

They are: Objectives; Plans; Uncertainties; Responses; and, Management.  The presentation includes brief definitions of common risk management terms and touches on risk management for both negative outcomes – Threats, Mitigations and Contingencies – and positive outcomes: - Opportunities, Promotions; and, Exploitations.  A running example throughout the presentation helps cement the concepts. 

About the Speaker

Thomas Erickson
Lockheed Martin

Tom Erickson’s career spans 35 years of program and technical management in fields as diverse as software development, communications, business development, test engineering, airfield lighting design, digital control systems and construction management.  

He holds a B.S. in Electronic Engineering (Circuit Design) from the University of Minnesota and a M.S. in Engineering Management  (AI & HF) from George Washington University. He was one of the first 31 individuals world-wide awarded the PgMP from the Pilot Credential Program.  

In addition he is a Registered Professional Engineer (EE, Vermont) and a certified Program Leader for Kepner-Tregoe Problem Solving & Decision Making techniques.  Since 1985 he has worked for Lockheed Martin in a variety of program and technical management roles and is currently supporting the corporation’s enterprise risk management efforts.

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