Yuri Raydugin

Author, Modern Risk Quantification in Complex Projects Dr Yuri Raydugin is Principal Consultant of Risk Services & Solution Inc, a Canadian consulting company. Yuri worked for Saudi Aramco, Royal Dutch Shell, TransCanada Pipelines, and SNC-Lavalin, managing risks of a number of megaprojects.

About this speaker

Yuri has an engineering degree in nuclear physics from Urals Polytechnics Institute, Russia, a PhD in physics and mathematics from Russia's Academy of Sciences, and an MBA in business strategy from Henley Management College in England. He is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and Saudi Council of Engineers (SCE).

He has been involved in risk management and project controls of mega and large projects with combined budget of about $150B. Depending on project context, Yuri applies a variety of risk management methods and tools, both deterministic (scoring) and probabilistic (Monte Carlo), to make the risk management process most adequate, informative, effective, and efficient. Full engagement of project teams is a cornerstone of his approach.

Yuri is an author of several articles on project risk management as well as on various aspects of physics. He is the author of ’Modern Risk Quantification in Complex Projects: Non-linear Monte Carlo and System Dynamics Methodologies’, Oxford University Press (2020) and 'Project Risk Management: Essential Methods for Project Teams and Decision Makers’, John Wiley & Sons (2013) as well as the editor of 'The Handbook of Research on Leveraging Risk and Uncertainties for Effective Project Management', IGI Global (2017). Yuri is an associate editor of International Journal of Risk and Contingency Management (IJRCM) and a distinguished reviewer of publications for International Journal of Project Management (IJPM).

Born and raised in Ekaterinburg, Russia, Yuri lives and works in Calgary, Alberta, Canada.

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Addressing the Failure of Risk Quantification: Moving from Speculating on Project Complexity to Actually Quantifying It

Yuri Raydugin