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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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