Project Risk Management
Overview
Delivering projects “on-time, on-budget and on-scope” is the responsibility of project managers regardless of project size, physical team location, procurement contract types or any other project variable. Managing project risk is a foundational skill every project manager must have to be successful. The Project Risk Management course combines a comprehensive review of risk management concepts, methods, tools and techniques with hands-on, practical learning activities to ensure participants finish with skills which can be applied immediately on the job, whether managing projects in business, government or non-profit environments. Specifically targeting and improving the level of risk management within a project will increase the value of all other project management efforts.
Who Should Take This Course
Prerequisites
This program is suitable for individuals currently in a project management role who desire additional education and training on risk management skills and techniques.
Why You Should Take This Course
Outcomes
Upon completion of this course, students will be able to:
- List the six processes for risk management
- Identify critical success factors for risk management
- Appropriately apply tools and techniques for risk management
- Perform qualitative and quantitative techniques to prioritize risks
- Identify and address barriers to a successful risk management process
- Prioritize risk based on probability and impact
- Describe the use of contingency reserve as it relates to time and cost
- Apply risk response strategies to address threats or opportunities
All content delivered in the Project Risk Management course is aligned with the Project Management Institute’s (PMI)® Project Management Body of Knowledge (PMBOK® Guide).