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PM17 : Project Risk Management

 
Duration of Course : 2 days
PDU’s/Contact Hours : 14
 
Nowadays, organisations survive by taking opportunities within a great spectrum of uncertainties. These opportunities are translated into projects, of which risk has always been an intrinsic part. Consequently, Risk Management has become a very important aspect in projects as well as in the general business world. It is imperative to have a good Risk Management plan, in which risks are identified and strategies are developed that can significantly reduce those risks.
  Who should attend this course :  
  • This course is tailored for any professional from any business area that has to identify, mitigate and manage risks throughout the project implementation.

 

At the end of this course, participants will be able to :

 
  • Identify risks related to projects
  • Conduct a risk assessment
  • Design a response plan – risk mitigation
  • Develop, implement, monitor and manage risk management plans
  Key topics included :  
  • Uncertainty – opportunity risk relationship
  • Types of project risks
  • Integrating risks with other Project Management functions
  • Develop a Risk Management plan
  • Develop a team with roles and responsibilities
  • Identify, categorise and document risks
  • Qualitative and quantitative assessment
  • Assign risk owners
  • Response plan – risk mitigation
  • Types of responses
  • Contingency plan
  • Risk monitoring
     
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