Project Risk Management

Description

Prerequisites

• A basic understanding of project management through training

Learning Objectives

• Understand general concept of risk in everyday life
• Describe the relationship between risks, assumptions and issues
• Identify risks to your project though a number of data gathering techniques
• Analyze the potential risks to your project and determine which ones to focus on
• Plan appropriate risk responses using a number of different alternatives and options
• Monitor and control known risks, and continually assess the project to identify new risks

Who Should Attend

• Project managers and team members that must identify and resolve project risks
• Managers that monitor projects
• Clients, customers and all stakeholders that participate on projects and are in a position to identify and help respond to risks

Course Outline

1. Overview and Definitions
2. Terms – Risks, Assumptions, Issues, and More
3. Things to Avoid When Managing Risk
4. Sources of Risk
5. Managing Risk without a PMO
6. The Risk Management Process
   1. Developing a Risk Management Plan
   2. Risk Management Responsibility
7. Risk Identification
   1. Assessment Methods
   2. Regulatory Compliance
   3. Risk Management Worksheet
8. Risk Analysis
   1. Qualitative
   2. Quantitative
9. Risk Response
10. Risk Control
11. Live risks

Duration:  3 Days

PDUs: 21