Bill Flanagan has been a leader of people and projects for forty-seven years. In his early career he served as a US Navy Nuclear Submarine Officer followed by twenty-six years in the Electric Power Industry with Progress Energy in both business management and major nuclear plant upgrade and improvement projects. Today Bill is a Senior Instructor for Knowledge Source Inc where he teaches PMP and PMI-RMP Examination Prep and Risk Management Workshops. He served as VP Certifications for NCPMI 2016 through 2020. He is a volunteer Executive in the High-Tech Entrepreneurship at North Carolina State University where he coaches graduate students starting new businesses with cutting edge technology. He holds a BS in Electrical Engineering and an MBA from North Carolina State University. He is a Professional Engineer in the State of North Carolina and holds a PMP and a PMI-RMP Certification.

Bill will lead in an interactive, energetic look at the lessons learned from the RMS Titanic and what it is still teaching us in Risk Management. We’ll use lessons from history as a fun backdrop to reinforce the trends in Risk Management and how we can leverage them to bring in more successful projects. We’ll explore items such as:

• Why there is value in documenting low probability, low impact risks.
• How should you handle risks with extremely low probability, but catastrophic consequences.
• How to utilize a Probability and Impact Matrix to assess and communicate the risk associated with a change.
• Keeping it Agile with a Risk Burndown Curve.
• Understanding the difference in individual project risk and overall project risks and the benefit of a Monte Carlo Program.