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Conquer Uncertainty: A Practical Introduction to Project Risk Management and Monte Carlo Simulation

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CPD This content can contribute towards your Continuing Professional Development (CPD) as part of the IET's CPD Monitoring scheme.
Webinar
  • Duration: 47 mins
  • Publication date: 06 Jun 2025

Abstract

Conquer Uncertainty: A Practical Introduction to Project Risk Management and Monte Carlo Simulation.

Case Study - Turning a Costly change Order into a Program -Level Win with Monte Carlo Simulation.

 

Keywords:
  • IET Technical Network
  • IET Webinar
  • Monte Carlo simulation
  • Project Control
  • Rami Salem
  • boost your project’s success rate
  • data-driven insights
  • power of Monte Carlo simulation
  • project landscape
  • project outcomes
  • risk management

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Lectures

Lectures

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Communities

Management

Management

Speakers

  • AF

    Ahmed El Faraskoury

    IET Project Controls Technical Network, Vice Chair

  • Rami Atef Salem

    Rami Atef Salem

    Institute of Qualified Risk Managers (IQRM), Risk Management Consultant

    Rami Salem is a Risk Management Consultant at IQRM with 14 years of experience in both Risk Management and the Oil & Gas sector. He specializes in project risk management training and consultations, spearheading IQRM’s signature QRM program, which focuses on applying quantitative risk assessment to schedules and budgets. Rami has partnered with industry leaders such as Saudi Aramco and ADNOC, providing expert guidance to enhance risk mitigation strategies and optimize capital project outcomes.
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