Risk Management Best value is thought of as a procurement delivery system Best value changes the entire service delivery paradigm For the first time Professor will approach the best value system as a risk management approach for the project managers at the 7 th National Risk Management Conference for Project Managers on October 9, 2012

The New Risk Paradigm The buyer gives the intent The contractor defines the scope of the services The contractor identifies risk that they do not control and risk mitigation The buyer accepts the offer The buyer is financially responsible for risk The contractors who can identify their scope and mitigate the risk lower the price of the delivery of service

Project Managers New Risk Model Best value procurement has been introduced in the Netherlands NEVI [procurement professional organization] is educating and certifying procurement professionals The missing piece [project managers doing effective risk management in the new model] Risk Management conference will be the first time best value is approached in terms of risk

Conference Value Best value approach and risk management connection How project managers can overcome issues that have surfaced in the best value system Every project manager should attend the conference Not only a risk management model, but it is the project management model of the future First Q&A with Professor Kashiwagi on the new project management model in response to risk management