Second Annual World Risk Day Launches with Virtual Summit Featuring Risk Management Presentations from Around the Globe

HERNDON, Va., May 14, 2013 /PRNewswire/ -- World Risk Day, the second annual awareness day focused the importance of effective risk management, kicked off its Virtual Summit today with webinar sessions featuring 10 expert speakers and a range of on-demand content – all focused on sharing global risk and project management best practices. World Risk Day's free to attend sessions began at 9:00AM in Mainland Europe (5:00AM EDT) and the last session is scheduled to end at 10:00PM in the UK / 5:00PM EDT / 2:00 PM PDT, enabling participants from around the world to be involved.

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This year's theme, "Shattering the Project Myth," demystifies the idea that project success can be delivered by focusing on cost and schedule alone, without bringing risk into the equation. Presentations will explore various aspects of this theme including:

• New concepts in understanding and managing risk in projects
• Strategies for successful collaborative risk management with contractors and the supply chain
• High risk projects – a global perspective
• What lessons can be learned from the world's Top 100 infrastructure projects
• What makes a great risk manager?
• Shattering the project myth – managing cost and schedule alone doesn't equal project success

Speakers include representatives from EADS, Bechtel, Crossrail, Active Risk, the Department of Homeland Security, and Booz Allen Hamilton. Content from the World Risk Day Virtual Summit will be made available on-demand to all registrants after May 14th.

"Today thousands of projects are driving organizational performance in all sectors. World Risk Day 2013 aims to debunk the myth that project success is simply based on the management of time and budget," said Loren Padelford, Executive Vice President and General Manager, Active Risk, a Founding Supporter of World Risk Day. "By bringing together leading experts from a range of projects around the globe, World Risk Day will focus the conversation on the crucial role of risk management in delivering project success."

Launched in June of 2012, the first annual World Risk Day hosted 2,300 delegates from a variety of industries, including energy, mining, major global infrastructure projects, and government organizations.  World Risk Day was created to provide a global forum for business leaders to discuss risk management best practices. This year World Risk Day is supported by a diverse range of risk and project organizations including the Institute for Risk Management (IRM), CG/LA Infrastructure, G31000 the global institute for risk management standards, the Major Projects Association, the Project Management Institute (PMI) – Arabian Gulf Chapter, risk management software provider Active Risk, and other risk associations from around the world.  For a full list of supporters, please visit http://worldriskday.com/supporters/.

To learn more about World Risk Day, please visit www.worldriskday.com or email [email protected].  

About World Risk Day

Founded in 2012, World Risk Day is an independent awareness day focused on the opportunities that come from taking smarter risks. This year's event, with the theme "Shattering the Project Myth," will feature a free Virtual Summit, an online resource center, and social media discussion, creating a global forum for business leaders to share best practices on how taking smarter risks drives project outcomes, and ultimately, profitability within organizations.

SOURCE World Risk Day