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Owners of $50M+ capital projects all have a risk management plan on paper. Far fewer have one that holds up when a real risk materializes. According to CMAA's Risk Management Guidelines, risk management should be a continuous process integrated with budget, schedule, and decision-making — yet on most large capital projects, risk registers get built early, filed away, and never meaningfully revisited until a "surprise" derails the schedule, blows the contingency, or forces an uncomfortable conversation with the board.

 Join VPO CEO Laura Nee for a practical conversation about what separates a real risk management process from a compliance exercise, and how owners of major capital projects can build the discipline, visibility, and accountability that turn risk registers into early warning systems. 

When: June 17th, 2pm EDT
Where: Zoom meeting

Webinar: Beyond the Risk Register

Does this sound familiar?

  •  Your risk register was built at kickoff — and hasn't been seriously updated since  
  • Your contingency is a percentage, not a defensible number tied to actual project risks  
  • Leadership asks "what's our P80 completion date?" and the team can't give a credible answer  
  • Mitigation actions get assigned but rarely get tracked to completion  
  • When a risk materializes, the team is surprised — even though it was on the register  
  • Stakeholders, funders, or board members want risk transparency you can't easily produce  

You're not alone.  If any of this sounds like your projects, this conversation is for you.  

What we'll cover:

  •  Why most risk registers become shelf-ware — and the structural reasons risk management gets disconnected from day-to-day project execution  

  •  The CMAA framework in practice: how to scale risk management for capital projects, from a structured register on a $50M program to full quantitative analysis (including Monte Carlo simulation) on $100M+ projects  

  •  Risk as an early warning system: how to use pre- and post-mitigation scoring, risk owners, and due dates to drive real accountability — not just documentation  

  •  What "continuous risk management" actually looks like across the five project phases (pre-design through post-construction), and how to integrate risk reviews into the meetings you're already running

  •  How owners can use risk-based contingency (vs. a flat percentage) to set defensible budgets and schedules — and have credible conversations with stakeholders about cost and completion confidence 

 Whether you're an owner managing a single major capital project or running an entire program, you'll leave with a practical framework you can put to work on Monday. 


Meet Our Speaker

Laura Nee
Laura Nee
Creator & CEO, VPO

 Laura brings 40+ years of construction industry expertise with a focus on owner-side project delivery. She understands the unique challenges owners face because VPO was built specifically for owners — not contractors. Laura will share real-world examples from utilities, municipalities, and industrial clients who have transformed their approach to risk on major capital projects.  

 

 


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