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Project Risk Management

Project Risk Management is vital to the success or failure of a project. Risks, or unknowns, can have significant positive or negative effects on project outcomes. This course teaches project managers how to identify risk, quantify its impact and respond to the occurrence of risk events.

Receive 8 to 16 Professional Developement Units ( PDU ®) with the Project Management Institute PMI ® for attending this course.

This one or two-day course provides participants the critical skills to:
	1.	Prepare a risk management plan
		Decide how to approach, plan, and execute risk management activities
	2.	Identify risks to your project
		Determine which risks might affect your project
	3.	Quantify the effect of risks to your project objectives
		Prioritize risks based upon their probability and impact to your project
	4.	Plan your risk response
		Develop options and actions to enhance opportunities and reduce threats to your project
	5.	Monitor and control risks
		Track and control project risks throughout the project lifecycle

Class members have a hands-on learning experience using real world case studies. Participants practice vital steps of risk management under the guidance and instruction of skilled Project Managers.

Applied Hands-on Skills

Understand the concept of risk
Identify project risks
Determine risk impact and probability of occurrence
Develop risk management strategies for maximizing opportunities and minimizing internal and external threats
Learn which risk response is best for your project
Identify risk triggers within your project
Perform collection and analysis of risk data
Understand the importance of knowing your ‘top ten’ project risks

PMI ®, PMP ® and PMBOK ® are registered trademarks of the Project Management Institute.

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