All healthcare capital expansion (CapEx) and operational projects have uncertainty and risk. How key stakeholders respond to threats and opportunities can make the difference between their success and failure . . . for projects and for careers!  This presentation shares proven practices effective leaders deploy to plan for and resolve uncertainty, risk, and unexpected events across projects of all sizes in healthcare organizations.

Objectives: Learn how to: (a) Recognize symptoms of unhealthy project plans and estimates; (b) Diagnose root causes; and (c) Select from among alternative project protocols to promote project wellness.

• 5:30 – 6:30 pm
• No cost - walk-ins welcome
• PMI-MN membership not required

Keith Hornbacher, MBA,
Affiliated Faculty, Organizational Dynamics Graduate Studies, School of Arts and Sciences, University of Pennsylvania;
Founder and Principal, Hornbacher Associates

In education as in his consulting practice, Keith Hornbacher’s subject matter expertise is resolving project uncertainty and risk.  He deploys probabilistic network and spreadsheet based methods to integrate quantitative cost-schedule risk analysis across sectors ranging from healthcare capital expansion projects, space missions, energy extraction and transportation to commercial software development.  Previously, Mr. Hornbacher held the positions of vice president and managing consultant in the firm that pioneered Monte Carlo simulation of project risks in aerospace/defense, where his experience as a combat and commercial airline pilot directly applied.  Mr. Hornbacher’s work in the private and public sectors now ranges from $15 billion industrial capital expansion mega-projects to incubator-sized innovative startups.  His research includes how to resolve competing needs for limited resources in organizations experiencing trade-offs inherent in predictive and adaptive project environments. Mr. Hornbacher earned an MBA from Minnesota State University, Mankato.

Affiliations:

• Project Management Institute (PMI) – original Healthcare SIG, board of directors
• University of Minnesota, College of Continuing Education – Instructor
• Institute of Industrial Engineers (IIE) – Senior Member
• International Council on Systems Engineering (INCOSE) – former director
• AACE International (Association for Advancement of Cost Engineering)

Keith can be reached at [email protected].