This episode proudly sponsored by Deltek.

n this episode of the Project Chatter podcast, Dale and Martin welcome Seyi Daniyan, a project risk manager, who shares her career journey from chemical engineering to risk management. The conversation explores the importance of attracting young talent to the field, the fundamental concepts of risk management, and the skills necessary for success in this profession.

Seyi emphasises the need for curiosity, effective communication, and the ability to influence others. The discussion also touches on the future of risk management roles and the evolving nature of the profession in response to technological advancements. In this engaging conversation, Dale and Seyi explore the evolving landscape of risk management, emphasising the need for decision analysts to evaluate project decisions effectively. They discuss the concept of reference class forecasting, the challenges of navigating financial discussions in risk workshops, and the lessons learned from the pandemic that reshaped risk management practices. The integration of AI in risk management is highlighted as a transformative tool, while the importance of engaging younger professionals and gamifying risk management processes is also addressed. Seyi shares insights on making risk management relatable and fun, ultimately encouraging open dialogue and mentorship in the field.

Takeaways

• Shaye Danian transitioned from chemical engineering to project risk management.
• There is a significant lack of young professionals in project risk management.
• Risk management involves managing uncertain events, both positive and negative.
• Effective risk management can lead to projects being completed on time and within budget.
• Curiosity is a key trait for successful risk managers.
• Communication and influencing skills are essential in risk management.
• Graduate schemes should provide a solid foundation in project management.
• Risk management roles may evolve with advancements in technology.
• Understanding the different facets of project management is crucial for risk managers.
• Everyone engages in risk management in their daily lives. The need for decision analysts to evaluate project decisions.
• Reference class forecasting can enhance decision-making.
• Risk workshops should involve the right stakeholders.
• The pandemic highlighted gaps in traditional risk management.
• AI can revolutionize risk management practices.
• Engaging younger professionals is crucial for the future of the field.
• Gamification can make risk management more relatable.
• Food and informal settings can ease risk discussions.
• Understanding the difference between risks and issues is vital.
• Mentorship is important for newcomers in risk management.