Project Risk Management Workshop

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WHEN:
March 25,2012 - March 27,2012
08:30 AM - 04:30 PM
WHERE:
Duration:
3 days
Contact Hours /PDU/ CEU:
21
Target Audience:

All personnel, project team members, managers, senior managers, project managers, and other personnel who are involved in projects.

Course Code:
PRM04
Course Fees:
7050.00 Dhms

Course Objectives

  • Understand risk management; including threats and opportunities
  • Understand sensitivities and risk attitude (risk tolerance & threshold)
  • Understand that risk management is a continual process that take place over the entire project life span
  • Learn how to apply techniques for identifying, analyzing, prioritizing, and responding to risks
  • Learn 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 by minimized threats and maximizing opportunities, while maintaining a clear focus on achievement of project and business objectives.

This course takes the participants through the essential concepts of project risk management, including extensive coverage of the processes that are required to effective managing risks. The course will also emphasis that risks and risk management for a project evolve over the project life span and is not a one-off exercise that we do during project planning. The course also stress that risk management, like project management, has to be customized and adapted to the organization and the project environment.

The course uses global standards, primarily PMI® a Guide to the Project Management Body of Knowledge® and the Practice Standard for Risk Management as the foundation and platform. However, the course also draws on international best-practice and the SUKAD Customizable and Adaptable Methodology for Managing Projects™ (CAM2P™).

This course could be used as the foundation course for the PMI® Risk Management Professional (RMP) certification but is not a certification preparation course.

Related Course

  • Introduction to Project Management (CC13)
  • Project Management: Applied Methodology (CC08)
  • Fundamentals of Project Management (CC12)
  • PMI Risk Management Professional Prep Course (PC20)
  • Cost & Schedule Management Workshop
  • Contract management (MC01)

Course Outline

1. Overview

  • Introduction
  • Welcome Excercises
  • Course Objectives
  • Course Agenda

2. Key Concecpts

  • Definitions
  • Types of Risks
  • Challenges
     

3. PMI Processes

  • PMI Standard
  • RM Planning
  • Risk Identifications
  • Qualitative Analysis
  • Quantitative Analysis
  • Response Planning
  • Monitoring & Controlling

4. Project Life Cycle (Workshop)

  • Discussion
  • Perspectives
  • The SUKAD Model
  • Class Project(s)
  • Project Pre-Launch Stage
  • The Other Stages
  • Process Groups Perspective
     

5. Wrap Up

  • Summary
  • Linking the Pieces

 


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