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Project Risk Management
(2 Days) Course Description:
This two day course covers the principles of project risk management. “Risk” is a set of unknowns that may include both threats and opportunities. The successful project manager should know how to anticipate the likelihood and potential impact of different risk scenarios, and should have the tools to plan for, and develop effective responses to both positive and negative risks. After establishing some common “Project Management” ground, this course will take participants through the six step risk management process. The analysis and management of project risk will be examined at a micro (activity) and macro (project) level. The course employs the Project Management Institute’s (PMI®) terminology and covers processes & knowledge areas that are consistent with A Guide to the Project Management Body of Knowledge (PMBOK Guide®). Course instruction will be supplemented with real-world examples, team exercises and case studies to demonstrate risk evaluation techniques, contingency plan development, and risk response strategies.
Intended Audience:
Project managers, program managers, executive sponsors, functional managers, operations managers, project leaders, project team members and other key stakeholders who wish to learn proven techniques for anticipating and managing uncertainty throughout the project life cycle. These principles can be applied to projects in any industry or functional area.
Prerequisites:
Participant should have completed the Project Management Overview or a similar introductory course.
Course Content:
Introduction
PMBOK Guide:
Knowledge Areas
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