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Risk Management


3 Days Classroom Session   |  
3 Days Live Online
Classroom Registration
Individual:
$2295.00
Live Online Registration
Live Online:
$2295.00
Private Onsite Package

This course can be tailored to your needs for private, onsite delivery at your location.

Request a Private Onsite Price Quote

Professional Credits

IIBA (CDU)

ASPE is an IIBA Endorsed Education Provider of business analysis training. Select Project Delivery courses offer IIBA continuing development units (CDU) in accordance with IIBA standards.

NASBA (CPE)

NASBA continuing professional education credits (CPE) assist Certified Public Accountants in reaching their continuing education requirements.

PMI (PDU)

Select courses offer Leadership (PDU-L), Strategic (PDU-S) and Technical PMI professional development units that vary according to certification. Technical PDUs are available in the following types: ACP, PBA, PfMP, PMP/PgMP, RMP, and SP.

This course offers:
    15.00 PMP/PgMP Technical PDUs
    6.00 PMI Strategic PDUs

21
PMI PDUs
Certification
Overview

This course is designed for project managers who want to proactively reduce the probability of project failure. In this course, you will learn to use proven approaches and techniques specific to risk management. You will learn to plan and analyze projects so as to minimize risk in a formal environment. You will identify, analyze, and address uncertainty throughout the project lifecycle and incorporate lessons learned and industry best practices related to risk management. You will apply PMI risk management processes in a practical way to eliminate, mitigate, and minimize threats while maximizing and optimizing opportunities.

Students pursuing a university-recognized and/or accredited certificate in Canada or continuing education units in the US must attend at least 90% of class time, participate in class exercises and section-knowledge checks, and score at least 70% on an end-of-class, multiple-choice assessment.

PMI is a registered mark of the Project Management Institute, Inc.

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
Upcoming Dates and Locations
Guaranteed To Run

There aren’t any public sessions currently scheduled for this course, but if you fill out the form below, we can tell you about how we can bring this course to you!

Course Outline

1. Risk Management Foundations

Definition of a plan

Definition of risk and risk management

Risk management and project success

Project management life cycle

 

2. Strategic Risk Reduction

Project success factors

Stakeholder analysis

Balancing constraints within a plan

Assessing project riskiness

Importance of formal planning

 

3. Execution Risk Reduction

Risk management plan

Risk identification techniques

Qualitative risk analysis

Quantitative risk analysis

Risk response planning

 

4. Monitoring and Controlling Risk

Protecting the plan

Change controls

Responding to risks

 

5. 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

Who should attend
  • Associate Project Managers
  • Project Managers
  • IT Project Managers
  • Project Coordinators
  • Project Analysts
  • Project Leaders
  • Senior Project Managers
  • Team Leaders
  • Product Managers
  • Program Managers

Download the brochure