Every project has elements of risks, both known or unknown. They can have powerful impacts on a project’s budget, scope, quality, and post-implementation success. By identifying and assessing project risks, your organization can plan effective responses and turn risks into positive events for future opportunities.
This two-day classroom course will equip you with the skills to identify, analyze, quantify, mitigate and manage project risks.
You will learn how to:
- Identify risk sources and the most frequent points in the project for risks occurring
- Identify issues that must be addressed prior to making decisions affecting project risk
- Create a risk breakdown structure (RBS)
- Analyze and evaluate both positive and negative risks to create a risk matrix
- Determine the probability of a risk event using statistical techniques and methods
- Calculate risk using quantitative and qualitative methods
- Develop contingency or alternative plans of action given identified project risks
- Identify human behavioral factors to consider in dealing with project risk tolerances
- Determine risks involved in a work-related project and prepare responses
- Expected monetary value (EMV)
- Decisions trees
- Risk tolerances
- Risk matrix
- Risk register
- Risk responses
- Risk Breakdown Structure (RBS)
9:00 a.m. -4:30 p.m.
12 Hours/1.2 CEUs
Definition of CEU's.