2010-08-23Project Management Certificate Programs Overview SUKAD FZ-LLC (SUKAD) and School of Knowledge Economy & Management – or SKEMA Business School (SKEMA), two leading organizations each in the...
Project Risk Management Workshop
Registration
08:30 AM - 04:30 PM
All personnel, project team members, managers, cost and schedule engineers, contract engineers or specialists, and project managers involved in projects or that are managing projects. Risk practitioners who need to update their skills in line with the current PMBOK® Guide.
Course Objectives
1. Learn about risk as a form of uncertainty
2. Understand the differences between threats and opportunities
3. Understand risk tolerance and threshold
4. Learn about the need for a proactive approach for effective project management
5. How to recognize risk within your projects
6. Learn how to apply techniques for prioritizing risks
7. How to develop appropriate response strategies to identified risks
8. How to ensure effective management of project risks
DESCRIPTION
All projects are inherently risky, and zero risk is not an option. The successful project manager will therefore be the one who manages risk effectively. Threats must be minimized and opportunities maximized, while maintaining a clear focus on achievement of objectives.
This workshop takes the participants through the risk management processes that are required to effective managing risks.
The workshop is line with global standards, primarily PMI® a Guide to the Project Management Body of Knowledge® and the Practice Standard for Risk Management but the workshop also draws on international best-practice. This course will provide proven tools to help the hard-pressed project manager deal effectively with risk.
Related Course
Project Risk Management Master Class (RM02)
Cost & Schedule Management Workshop
Introduction to project management (CC13)
Simplified project management (CC08)
Contract management (MC01)
Course Outline
1. Introduction
Objectives of the course
2. Overview
Definitions of risk
Why take risks
3. Risk management
Why use risk management
The processes
4. Risk culture
Risk tolerance & threshold
Individual vs. organization
5. Risk management planning
Defining the project
Focusing the risk process
Risk management plan
6. Risk identification
Risks, causes & effects
Risk identification techniques
7. Qualitative risk analysis
Probability and impact
Risk categorization
Recording/reporting risk
8. Quantitative risk analysis
Quantitative analysis
Monte Carlo simulation
9. Risk response planning
Risk owners
Risk response strategies
10. Risk monitoring & control
Risk reviews
Staying in control







