Understand the tools of risk management to increase project success
Risk is a given in any project, and the better you understand how to identify and prepare for it, the more likely you are to minimize your risk exposure. Under the guidance of a seasoned project manager, you’ll learn a systems approach and process for identifying, analyzing, planning and controlling risk. The process includes tools, techniques and templates for dealing with different types of project risks, and you’ll have the opportunity to practice identifying and analyzing risk, especially showstoppers. You’ll also learn how the comprehensive risk management plan enables you and your project team to proactively manage issues that could negatively affect the successful control and completion of your project.
Learn how to:
- Use a systems approach for identifying, assessing and managing risks
- Determine the how and when of managing risks
- Use a work breakdown structure (WBS) in the risk management process
- Apply risk identification techniques to your projects
- Identify categories of risk
- Use risk assessment/analysis techniques
- Reduce risk through planning and proven strategies
- Integrate risk management into the project plan
Note: Participants should know how to use work breakdown structure (WBS) and critical path method (CPM) before taking this course.
PMBOK™ knowledge areas
- Time management
- Cost management
- Scope management
- Quality management
- Risk management
- Procurement management