101630-Guild Member
Collateral Type
Guild Member
Collateral Start
Collateral ID
00353
0406ELPC
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Project Controls
- Be able to set up the collection of data being used as INPUTS to the Statistical Process Control analysis and be able to test or validate both the probabilities be sufficiently competent with 3 and 6 sigma tools and techniques to be able to identify out of control processes and conduct a root cause analysis to correct them
- Be able to manage the evaluation of the data collected and plotted by others for a Pareto Analysis, review the results and validate or confirm the accuracy, reliability and precision of the analysis and results and provide constructive criticism to improve th
0405ELPC
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Project Controls
- Be able to manage the evaluation of historical records and "lessons learned" to determine the effectiveness of current STRATEGIC risk responses, followed by devising better or alternative strategic risk responses
- Be able to manage the evaluation of historical records and "lessons learned" to determine the effectiveness of current STRATEGIC opportunity responses, followed by devising better or alternative strategic opportunity responses
- Be able to analyze the data being used as INPUTS to the Decision Tree process and be able to test or validate both the probabilities and
0404ELPC
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Project Controls
- Be able to manage the evaluation of the probability of a risk/opportunity event happening and manage the evaluation of the impact of each event, followed by devising better or alternative ways to reduce the probability if the event is negative or increase the probability if the event is positive and/or reduce the cost/time impact if the event is negative or increase the cost/time impact if the event is positive
- Be able to assess and manage the evaluation of the advantages of changing qualitative risk/opportunity analysis into quantitative methods and then calculating the approp
0403ELPC
Module
04 Managing Risk & Opportunity
Sub-Module
Level
Expert Level (Controls Manager)
Discipline
Project Controls
- To be able to manage the evaluation of the existing WBS and other coding structures against "best tested and proven" examples and propose changes or modifications to assist in the context of managing risk/opportunity in project controls
- Be able to create a way to test, measure or otherwise validate the impact of secondary risks in the context of project controls
- Be able to compare and manage the evaluation of the use of brainstorming or expert opinion has on the accuracy reliability and precision of data used in project controls
- Be able to compare and manage the
0402ELPC
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Project Controls
- Be able to manage the design of a model SOP for project controls
- Given an example of an SOP, be able to critique it and manage the identification of improvements
- Given a case study or example be able to update the SOP based on "Lessons Learned" from the Double Loop Learning process
0401ELPC
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Project Controls
- To be able to manage the improvements on the definitions of risk and opportunity as they apply to a case study, scenario or situation typically found in project controls
- To a test or manage the creation of experiments to quantify the impacts of risk and opportunity might have to a case study, scenario or situation typically found in project controls
- To be able to manage the evaluation of the existing risk/opportunity management process and propose alternate processes or improvements to the existing processes
- To be able to manage the evaluation of the existing ri
0406ELFA
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Forensic Analysis
- Be able to set up the collection of data being used as INPUTS to the Statistical Process Control analysis and be able to test or validate both the probabilities be sufficiently competent with 3 and 6 sigma tools and techniques to be able to identify out of control processes and conduct a root cause analysis to correct them
- Be able to manage the evaluation of the data collected and plotted by others for a Pareto Analysis, review the results and validate or confirm the accuracy, reliability and precision of the analysis and results and provide constructive criticism to improve th
0405ELFA
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Forensic Analysis
- Be able to manage the evaluation of historical records and "lessons learned" to determine the effectiveness of current STRATEGIC risk responses, followed by devising better or alternative strategic risk responses
- Be able to manage the evaluation of historical records and "lessons learned" to determine the effectiveness of current STRATEGIC opportunity responses, followed by devising better or alternative strategic opportunity responses
- Be able to analyze the data being used as INPUTS to the Decision Tree process and be able to test or validate both the probabilities and
0404ELFA
Module
04 Managing Risk & Opportunity
Level
Expert Level (Controls Manager)
Discipline
Forensic Analysis
- Be able to manage the evaluation of the probability of a risk/opportunity event happening and manage the evaluation of the impact of each event, followed by devising better or alternative ways to reduce the probability if the event is negative or increase the probability if the event is positive and/or reduce the cost/time impact if the event is negative or increase the cost/time impact if the event is positive
- Be able to assess and manage the evaluation of the advantages of changing qualitative risk/opportunity analysis into quantitative methods and then calculating the approp