APPLIED PROJECT RISK MANAGEMENT
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Course Duration: ½ Day
Course Description:
Applied Project Risk Management is essential to the success of any project endeavour. Failing to embed risk management into your project, will ensure that you do not reap the benefits associated with undertaking the project in the first place.
Some Project Managers use no approach whatsoever to risk management. Project Managers who choose this approach are either ignorant in how to run their project correctly or they are somehow confident that no risks will occur on their project (which of course will happen).
Are you as a Project Manager able to identify all project risks before they occur? Probably not, however if you were to combine a number of different, yet effective project risk identification methods, you are likely to find the large majority of risks that could cause significant delay or failure to your project. If you deal with these project risks properly, you will have enough time left to manage scope, time and cost effectively and as such deliver a successful project to your stakeholders.
Course Outcomes:
- Understand Project Risk Management in the context of Project Scope, Time and Cost Management
- Understand what is Applied Project Risk Management
- Understand the Applied Project Risk Management methodology
- Understand the role of Project Manager as Project Risk Management
- Understand how to identify, plan for and manage bad risk
- Understand how to identify, plan for and exploit good risk
- Understand the use of various Applied Project Risk Management tools and techniques
Topics Covered in this Course:
- Risk Management in Context
- Applied Project Risk Management in Action
- Risk Event Identification, Qualification and Categorisation
- Risk Event Assessment and Ranking
- Risk Event Response Planning and Accountability
- Risk Event Implementation, Monitoring and Control
- Communication and Expectation Management
- Sample Risk Event Matrix
Participant Profile:
- Project Directors
- Program Managers
- Project Managers
- Project Leaders
- Planners
- > Introduction to Applied Project Management
- > Managing By Project and Project Managment Simulation (X-SIM)
- > Applied Project Scope Management
- > Applied Project Time Management
- > Applied Project Risk Management
- > Project Managment Professional (PMP) and Certified Associate in Project Management (CAPM) Exam Preparation Program
- > Modern Facilitation and Collaboration Skills For Project Managers, Project Leaders and Facilitators
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