Risk Management

Associate project managers, project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, and program managers.

• Assess overall project riskiness
• Manage uncertainty in terms of both opportunities and threats
• Role of a risk management plan
• Risk within an execution strategy
• Conduct qualitative risk assessments in order to rank risks
• Conduct quantitative risk assessments in order to adequately budget for uncertainty
• Develop risk response plans for significant risks
• Monitor and control uncertainty during execution
• Ensure success by understanding the role of a risk management plan and lessons learned

Risk Management Foundations:

• Definition of a plan
• Definition of risk and risk management
• Risk management and project success
• Project management life cycle

Strategic Risk Reduction:

• Project success factors
• Stakeholder analysis
• Balancing constraints within a plan
• Assessing project riskiness
• Importance of formal planning

Execution Risk Reduction:

• Risk management plan
• Risk identification techniques
• Qualitative risk analysis
• Quantitative risk analysis
• Risk response planning

Monitoring and Controlling Risk:

• Protecting the plan
• Change controls
• Responding to risks

Value of Lessons Learned:

• Capturing and employing lessons learned
• Current methods of managing uncertainty based on lessons learned

Hands-On Activities:

• Determine sources of project risk by category
• Assess overall project risk
• Identify and categorize risk
• Perform qualitative risk analysis
• Perform quantitative risk analysis
• Plan risk responses
• Involve stakeholders

Do not take this course if you have taken IT Risk Management

 

Pre-requisitos:

• GK2819 - IT Project Management
• GK2868 - CAPM® - Certified Associate in Project Management