Project Risk Management

 

What is the course about?

All projects involve risk. To quantify and manage risks, one needs to thoroughly analyze risk before and during a project. Aligned with the PMI Risk Management standard, this course provides the skills to identify and measure risks in project development and implementation. Participant will learn how to quantify risks and create risk response strategies to deliver projects that meet stakeholder expectations.  

Why you  Should Attend the course?

Upon completion of this Project risk management course students will be able to: » Manage project risk effectively to deliver successful projects that meet stakeholder needs » Apply customizable, industry-robust templates to create a Risk Management Plan » Developing and updating a Risk Register through a systematic incremental process » Leverage a proven qualitative risk analysis process to identify risk exposure » Translate risk into actual time and cost impact using proven quantitative risk analysis tools » Monitor risk triggers to control uncertainties and maximize project payoff » Justifying budget and time contingencies.  

What to expect?

Participants will be taken through all phases of a project risk management, from high level project risk identification, qualitative risk assessment, quantitative risk assessment, risk response planning, monitor and control risk. Teams also are required to track project risk register, integrate changes and baseline according to the quantitative analysis and many other important factors.