Project Risk Management

This course focuses on improving the project manager’s risk management expertise, from initial planning through project closure. Participants will apply all course principles to a work-related case study taken directly from their work environment.

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Learning Objectives

At course completion, students will be able to identify, analyze, respond to, and control project risks.

 

Course Details

Course Outline

1 - Risk Management Overview
  • Risk Management Benefit and Uses
  • Project Risk Management
  • Project Management Life Cycle
  • 2 - Initiating Process Group
  • Initiating Process Group Overview
  • Develop Project Charter
  • Identify Stakeholders
  • Project Selection Criteria
  • ROI Analysis
  • ROI Methods
  • Risk Complexity Index
  • Project Selection
  • 3 - Planning Process Group
  • Planning Process Group Overview
  • Scope Risks
  • Schedule Risks
  • Resource Risks
  • Plan Risk Management
  • Identify Risks
  • Delphi Technique
  • Subject Matter Expert Input
  • Brainstorming
  • Fishbone Diagrams
  • Process Analysis
  • Five Whys
  • Influence Diagrams
  • Risk Breakdown Structure (RBS)
  • Risk Register
  • Perform Qualitative Risk Analysis
  • Probability and Impact Assessment
  • Probability and Impact Chart
  • Perform Quantitative Risk Analysis
  • Three point estimates
  • PERT
  • Triangular Distributions
  • Outlier Considerations
  • Geometric Mean
  • Normal Distributions Methods
  • Tornado Diagrams
  • Expected Monetary Value (EMV)
  • Monte Carlo
  • Plan Risk Responses
  • Risk Response Strategies
  • Overall Project Risk
  • Checklists
  • 4 - Executing, Monitoring and Controlling Process Groups
  • Executing Process Group Overview
  • Monitoring and Controlling Process Group Overview
  • Control Risks
  • Project Monitoring
  • Longer Projects
  • 5 - Closing Process Group
  • Closing Process Group Overview
  • Close Project or Phase
  • Risk Activities During Closing Process Group
  • Post-Project Risk Assessment
  • Actual course outline may vary depending on offering center. Contact your sales representative for more information.

    Who is it For?

    Target Audience

    Project Risk Management

    $1,190
    Course Length : 2 Days (16 Hours)
     

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