|Student Name:||Capt Andrew Pack|
|Thesis:||A CASE STUDY OF DEPARTMENT OF ENERGY OFFICE OF ENVIRONMENTAL MANAGEMENT PROJECT RISK MANAGEMENT|
|Location:||103A (ENV conference room)|
|Date & Time:||02/20/2014 at 1530|
|Abstract:|| The Department of Energy Office of (DOE) Environmental Management (EM) is responsible for the environmental remediation of America’s nuclear waste sites. EM’s remediation projects face many challenges such as technological complexity, a diverse and influential network of stakeholders, and a significant degree of inherent uncertainty. These challenges have contributed to significant cost and schedule performance problems in the recent past, and EM is looking for additional means of improvement. This study focuses on improving risk management (RM) to better deal with project uncertainty. Risk literature is reviewed and a framework is developed which identifies the factors most likely to impact RM effectiveness. The methodology takes a case study approach involving two of EM’s current projects, and data from interviews with EM personnel are analyzed with qualitative and quantitative techniques to develop themes and determine which factors were affecting project RM. Some of the most frequently-cited issues include stakeholder-mandated acceleration and changing regulatory requirements. Additionally, the qualitative analysis results suggest that resistance to change, management support, and empowerment may have a strong relationship with RM effectiveness. The conclusion addresses the need to resist external pressure from stakeholders and to establish a closer relationship with environmental regulators.