S8E18123 March 2024

S8E181: Antifragile Projects with Georgia Stillwell

📅 Planning & Scheduling 📈 Data Analytics 🤖 AI & Technology 📄 Reporting 👔 Leadership & Management 💬 Communication 🔄 Change Management ⚠️ Risk Management

S8E181

S8E181: Antifragile Projects with Georgia Stillwell

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In this episode, Val and Dale are joined by guest Georgia Stillwell to discuss anti-fragile projects and risk management in project management. Georgia shares her journey into project management, starting from her fascination with master planning in cities to her experience in risk management and construction technology. She explains the concept of anti-fragile projects, which are projects that thrive in uncertain and risky environments. The conversation delves into the challenges with traditional project planning methods and the need for more flexible and adaptable approaches. Georgia also discusses the role of technology in risk management and the importance of simplifying complex concepts for effective communication. In this conversation, Georgia Stillwell discusses the concept of anti-fragility in project management and how it can be achieved through the use of technology and human expertise. She emphasizes the importance of replicating the abilities of experienced planners and using AI to optimize project schedules. However, she also highlights the need for human validation and decision-making in complex construction projects. The conversation explores the role of contracts in project behavior and the challenges of harmonizing contracts with anti-fragility principles. The importance of leadership in creating a culture of anti-fragility and addressing human biases is also discussed.Takeaways Anti-fragile projects are projects that thrive in uncertain and risky environments, adapting and improving as challenges arise. Traditional project planning methods, such as critical path method, can be rigid and fail to account for the dynamic nature of projects. Technology, such as AI and software tools, can help optimize project planning and recovery by exploring different options and scenarios. Educating clients and stakeholders about different project planning methodologies is crucial for driving change and improving project outcomes. Simplifying risk management concepts and using analogies can help communicate complex ideas effectively. Anti-fragility in project management can be achieved through the use of technology and human expertise. AI can replicate the abilities of experienced planners and optimize project schedules, but human validation and decision-making are still necessary. Contracts play a significant role in project behavior and can sometimes conflict with anti-fragility principles. Leadership is crucial in creating a culture of anti-fragility and addressing human biases in decision-making. Proudly Sponsored by Deltek

Guest

Georgia Stillwell

Head of Professional Services EMEA at ALICE Technologies

Georgia, with over 10 years in construction and risk management, is a renowned expert in capital project risk. She has advised global industry leaders and shared her insights as a guest lecturer at UCL and the University of Auckland, focusing on risk management and ConTech. A sought-after speaker, Georgia has featured at events like Builtworlds Paris and on Deloitte's FutureProofed podcast. As a member of the Institute of Risk Management, she's dedicated to leveraging AI for project risk and schedule optimization. Currently, she leads as Head of Professional Services at ALICE Technologies EMEA, driving innovation in construction. - My mission: to leverage innovation for a more resilient and equal world - 10+ years experience: construction + risk management for capital projects - Advised the largest global owners + contractors on risk - Guest lecturer: UCL, UoA, others on risk management & ConTech - Guest speaker: Builtworlds Paris, Deloittes FutureProofed pod and others - Member, Institute of Risk Management - 3+ years focusing on leveraging AI for risk management and schedule optimisation - Today, Head of Professional Services at ALICE Technologies EMEA

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