The discussion revolves around the concept of variations, which can be seen as sources of innovation rather than mere deviations. The session emphasizes the following points:
- Challenging the traditional Minimization Approach
- Innovation and Opportunity: Variations can ignite new ideas, enhance processes, and improve products or services.
- Adaptability: Embracing variations promotes flexibility to respond to shifting market demands.
- Risk Mitigation: Properly managed variations can spot potential issues early.
Various Types of Variations and Their Advantages
- Scope Variations: Changes to the goals or deliverables of a project.
- Schedule Variations: Adjustments to the timeline of the project.
- Cost Variations: Modifications to the project's budget.
- Quality Variations: Changes to project standards or performance measures.
Important considerations include:
- Business Impact: Assess variations for their influence on project and organizational goals.
- Risk Assessment: Identify potential risks linked to variations and create strategies for mitigation.
- Value Proposition: Analyze how variations can contribute positively to project success and organizational profitability.
Participants can earn 3 CIOB CPD points by reflecting on the ethical implications of their learning from this session.
Fees
Free for CIOB members.
17 GBP (approximately 80 AED) for non-members.
Speakers
Contact Information
Mae Perez
Member Services & Events Coordinator
Email: mperez@ciob.ae.org