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.
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
|
