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CHAPTER 9
MANAGING RISKS AND
UNCERTAINTY IN MAJOR
PROJECTS IN THE NEW
GLOBAL ENVIRONMENT
Roger Miller
École Polytechnique de Montréal, Montreal, Quebec, Canada
Brian Hobbs
Université du Québec à Montréal, Montreal, Quebec, Canada
Roger Miller is Jarislowsky Professor of Innovation and Project
Management at École Polytechnique in Montreal and a founding part-
ner of SECOR, a strategy consulting firm with offices in Montreal,
Toronto, and Paris. His work has focused on (1) strategy and industry
dynamics, (2) public policies in science and technology, and (3) project
management. He was the director of the International Program in the
Management of Engineering and Construction (IMEC) sponsored by 10
large international project developers. IMEC results were published by
MIT Press as The Strategic Management of Large Engineering
Projects: Shaping Risks, Institutions and Governance.
Dr. Miller is presently the director of the MINE Programme, the pur-
pose of which is to understand the management of innovation in the
context of the new economy. The data for this research consist in 240
case studies and a worldwide survey of 1500 chief technology officers.
The research is being conducted by a core team located in École
Polytechnique with partners at the University of Sussex, Torino, MIT,
Stanford, and Toronto.
Brian Hobbs holds a degree in industrial engineering, an MBA, and a
Ph.D. in management. He has been a professor at the University of
Quebec at Montreal in the master’s program in project management
for 20-some years. This program, of which he is a past director, is
accredited by PMI’s Global Accreditation Center. Dr. Hobbs is very
active internationally in both the project management professional
and research communities. He filled a three-year mandate on PMI’s
Standards Members Advisory Group (MAG) ending in 2002. He is a
reviewer for both the Project Management Journal and the
International Journal of Project Management. He has presented several
papers at both research and professional conferences organized by
PMI and other project management organizations worldwide. In
recent years, he has been a member of three teams of researchers that
have been awarded competitively bid research grants by PMI.
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