BASEL, SWITZERLAND

Decision Analysis & Portfolio Management Masterclass Basel 2026

Dr. Richard Bayney
President & Founder of Project & Portfolio Value Creation.

KEY INFORMATION
April 20-21, 2026
09:00 - 17:30 Local Time

Meet the

Masterclass Leader

Dr. Richard Bayney
President & Founder of Project & Portfolio Value Creation.

Dr. Richard Bayney is President of Project & Portfolio Value Creation (PPVC), a consulting boutique that he founded in 2008 which provides training and education in Project, Program, Portfolio, Resource, and Risk Management as well as Business, Strategic, Portfolio, and Scenario Planning services. He is an adjunct faculty member at the University of Pennsylvania. Dr. Bayney is a 23-year veteran of the Pharmaceutical & Biotechnology industry at Merck & Co., Bayer Corp. and AG, Bristol-Myers Squibb, and Johnson & Johnson Pharmaceutical Research & Development. In his previous position at Johnson & Johnson, Richard was Vice President, Portfolio Management & Decision Analysis. Dr. Bayney obtained his M.Sc. and Ph.D. from the University of London, MBA from Columbia University, and PMP from the Project Management Institute.

our vision

Learn how to frame decision problems and apply Decision Analysis to solve them on the basis of maximization of eNPV. Apply a holistic Portfolio Management framework (CREOPM TM) to facilitate portfolio selection under constrained resource conditions using project prioritization and portfolio optimization. Finally, examine the impact of linking strategic, portfolio, and business plans interdependently.

What You'll
Experience

This isn’t a theoretical overview of AI—it’s a working session led by practicing program managers from Formation Bio, an AI-native pharmaceutical company. We use these tools daily and want to share proven approaches with the PPM community.

Morning focus:

Transform your daily program management workflows from manual, time-consuming processes into automated, intelligent solutions. This hands-on masterclass bridges the gap between AI potential and practical PPM implementation in pharmaceutical environments.

Afternoon focus:

Transform your daily program management workflows from manual, time-consuming processes into automated, intelligent solutions. This hands-on masterclass bridges the gap between AI potential and practical PPM implementation in pharmaceutical environments.

Key takeaways

The value of decision framing and the Decision Quality cycle
The discipline of Decision Analysis and the application of Decision Trees
Project and program risk analysis and risk management
Integrated asset valuation using Decision Analysis and sensitivity analysis to variables
Portfolio Management from Drug Discovery through Clinical Development to Registration
The CREOPMTM framework for portfolio value maximization
Creating portfolio value using Multiple Objective Decision Analysis (MODA) in prioritization
Maximizing portfolio value using Linear Programming (LP) in optimization
Linking strategic, portfolio, and business plans
Examining the importance of decision-making and Portfolio Management capability maturity models

audience

This masterclass is particularly interesting for industry professionals across Pharma, Biotech, Medical Devices, and Consumer Care involved in:
Project, Program & Portfolio Management
Research
Clinical Development
Resource Management
Forecasting & Competitive Intelligence
Marketing
Licensing & Business Development
Finance
Commercialization
Consultants are NOT permitted to attend

Everything you need to know about
This masterclass in one spot.

Check out our masterclass overview
and agenda for this Masterclass.

TESTIMONIALS

Thank you, Richard, for an insightful masterclass. The content and discussions were invaluable, and I truly appreciated the opportunity to connect with knowledgeable peers. I particularly found the emphasis on securing executive sponsorship crucial for effective implementation. Hope to see you soon in future sessions.
Rated 5 out of 5
Lucy Y.
Global Pipeline Forecasting , Takeda
Thank you very much. It was a pleasure to meet you and to attend this masterclass.
Rated 5 out of 5
Fanny Weber Harounen
Deputy Director - End to End Project Controller, Sanofi
The value gained from the masterclass far exceeded the cost.
Rated 5 out of 5
Iris Faßmann
Project Operational Data Lead, Merck
Many thanks for the masterclass. I enjoyed it immensely and look forward to implementing the learnings into my work. I also hope we’ll meet again.
Rated 5 out of 5
Lucas Alexander Husum
R&D Business Associate | R&D Project and Portfolio Management, Lundbeck
Thanks a lot for your excellent course.It was comprehensive, well-founded, and practice-oriented. I learned a lot and found the learning atmosphere very pleasant. I truly appreciate your expertise and would be happy to come back. I’m particularly interested in your Product Portfolio Management course, especially if offered online or in Europe.
Rated 5 out of 5
Matthias Pruckner
Senior Product Manager Portfolio Management, Getinge - Maquet Cardiopulmonary GmbH
It was awesome. Thank you so much for laying out such a great system. Your relentless channeling of value through the pipeline was a journey in correct computation, value estimation, and sound decision thinking. It’s rare that I see someone’s work, especially around the choice of statistical methods and computation assumptions, and think, “This is the right way to do it.” I also really liked the insights on binomial probability estimates, milestone passage, business outcomes, and discounting in decision trees. You are a master of value tracking.
Rated 5 out of 5
Fiore, Steven J
Director, Operational Excellence and DFR (Design for Reliability), Cytiva

Event registration

MASTERCLASS

REGISTRATION
2399
  • Access to the Masterclass with Industry Veteran Dr. Richard Bayney
  • Individual consultancy with the trainer
  • Colored hardcopy of training materials in a binder
  • Electronic copy of trainer's textbook
  • Certificate of completion issued by the trainer

MASTERCLASS + CONFERENCE

REGISTRATION
3749
  • Two-day masterclass with Dr. Richard Bayney
  • Full conference access (all days)
  • Priority access to sessions and networking
  • Networking lunch
  • The complete learning experience

2 DAY CONFERENCE

REGISTRATION
2399
  • Access to all conference sessions
  • Access to all networking activities during the conference
  • Conference materials
  • Coffee breaks with snacks and refreshments
  • Networking lunch

This masterclass is followed by a full conference.

No data was found

Agenda Download

Submission Successful!

Thank you for your interest! The agenda has been sent to your email. Click the button below if you want to open the agenda in a new tab.

Conference
10-Pack for Teams

10 Tickets for your team

One package. Access to any Why Summits’ conferences, with flexible selection via email throughout the year.

$9,990 / €9,990

Please note: This offer is not applicable to solution providers, software vendors, or consulting companies.

Not sure which conferences to choose for your team?

Leave your details and our team will help you plan the best conference mix for 2026.

Submission Successful!

Your information has been received.