Project Risk Management

2 days

Audience

Prerequisites

The seminar will benefit project managers, sponsors, team members, and organizational leaders that want to minimize negative impacts (threats) while maximizing positive events (opportunities) associated with their projects. This seminar will benefit key  project stakeholders in any industry.

None

Description

The course structure effectively combines introductory lecture and discussion with hands-on application of best practices in project risk management.  Students will learn and apply valuable tools, techniques, and processes associated with eliminating and/or minimizing the presence and impact of adverse risk events (threats).  Additionally, participants will learn about processes for capitalizing on positive risk events-or opportunities-that project teams may encounter. 

Outline/Table of Contents

·   Risks  in a Project Context

·   Risk Identification

o       Qualifying Risk Events

o       Risk Prioritization

o       Risk Monitoring and Controlling

o       Budgeting for Risk Events

·   Developing  a Risk Management Plan

·   Risk Categorization

·   Quantifying Risk Events

·   Formulating Risk Response Strategies

·   Contingency Planning

·   Risk Reporting and Closure