Innovator Workshop: Maximizing project success and delivering the Paris Agreement - supported by AI
Our purpose as PMI members is to "maximize project success to elevate our world". 

PMI's definition of project success is to “deliver value that justifies the cost and effort of the project".

This presentation will leverage material published via PMIstandards+™ to explain metrics for delivering this value - in financial terms as well as environmental terms.

Taking this broad view of value will be increasingly important for project professionals as we work to meet the emissions targets of the Paris Agreement, and the organizations that we work for seek to deliver their "net-zero" obligations at the same time as delivering financial value for their shareholders. 

Making this transition will be eased by leveraging well established techniques from financial analysis and supported by AI. 

Learning goals summary:

Attendees should learn the following by attending the session:

• Net Present Value (NPV) is a powerful metric to calculate value delivered vs. project cost and Internal Rate of Return (IRR) is a great metric for the rate of value delivery.
• "Elevating our world" goes beyond financial matters, and NPV, IRR can also be applied as non-financial metrics.
• As project professionals we need to prepare ourselves to support our organizations, and society, towards "net zero" CO2 emissions to meet the Paris Agreement targets and AI can help us.

Biography

Stuart is an experienced Program Manager who has delivered many successful programs for many global clients across many sectors. He is concerned about the planet and as a father would like his "children", their peers, and future generations to be able to live happy, healthy and safe lives.  

Since early 2023, he stepped out of full-time corporate activity to focus on the Climate Crisis. He led the PMI European cross-chapter Climate Fresk initiative during 2023-24 involving 26 PMI chapters and over 150 participants. 

As a volunteer contributor to PMIstandards+™, he is contributing to PMI's global standards from a sustainability perspective.

LinkedIn profile: Stuart Thorp