Dr. James T. Brown
speaking on the topic of
Risk Management –
Texas Holdem Tactics
for the Project Manager
Presentation
Texas Holdem has seen an explosion in popularity since the World
Poker Championships have been featured on TV. Part of this
popularity is the easiness of the game to learn, the rush of
winning, and the luck factor that is involved. Playing the game is
simple. Winning consistently is not simple. The winning Texas Holdem
player has two tactics that project managers must also have to be
successful. Those tactics are the ability to make probabilistic
assessments and the ability to read human behaviour as it responds
to risk. Just like the Texas Holdem player, project managers must
deal with uncertainty and work with humans. This presentation will
provide the project manager with tips for probabilistic assessments
and an understanding of human behaviour as it specifically relates
to risk. To quote Texas Holdem player Anthony Bee, from Important
Concepts in Limit Holdem, “This means being able to recognize
profitable situations and exploit them to the full. It also means
avoiding unprofitable situations and therefore costly mistakes.”
Could Anthony Bee have been talking about project management?
Speaker Details
James
T. Brown, Ph.D., President of SEBAź Solutions Inc. provides project
management training and consulting for dozens of Fortune 500
companies nationally and internationally. He is well-known for his
quick wit and straightforward communication style. His experience
includes sixteen years of “hands-on” executive level, project
manager, and team member roles at NASA.
