Project Risk Management: In-House Training
Have you been surprised by unplanned events during your projects? Are you and your project team frequently fighting fires? Well, you are not alone. Uncertainty exists in any project environment. While it's impossible to predict project outcomes with 100% certainty, you can influence the outcome, avoid potential risks, and be ready to respond to challenges that arise.
In this course, you'll gain the proper knowledge needed to identify, assess, plan for, and monitor risk in your projects. You'll learn how to set up and implement risk management processes, helping you to minimize uncertainty and achieve more consistent, predictable outcomes as a result.
What You Will Learn
You'll learn how to:
Demonstrate to others how the risk management processes in A Guide to the Project Management Body of Knowledge (PMBOK® Guide) apply to your project's environment, especially for high-risk projects
Adapt these processes for a particular high-risk project team's operating principles
Explain the importance of using risk management best practices at single and enterprise project levels
Lead an initiative to implement risk management best practices in your project environment
Foundation Concepts
Risk-related definitions
The risk management process
High-risk projects and project failures
Classical failures in implementing risk management
Plan Risk Management
Project risk management and governance
Risk management planning for high-risk projects
High-risk variations on a risk management plan
Identify Risk
Adapting the risk identification process for high-risk projects
Recognizing risks spontaneously
Confirming and structuring risk events for treatment
Wrapping up risk identification for high-risk projects
Perform Qualitative Risk Analysis
Adapting qualitative risk analysis for high-risk projects
Accelerating risk analysis
Clearing risk action
Wrapping up qualitative risk analysis for the next level
Perform Quantitative Risk Analysis
Adapting quantitative risk analysis for high-risk projects
Ensuring effective risk analyses with data quality assessments
Building a foundation for quantitative risk analysis
Using discrete quantitative tools
Using continuous quantitative tools
Wrapping up quantitative risk analysis for high-risk projects
Plan Risk Responses
Adapting risk response planning for high-risk projects
Optimizing active risk response strategies
Leveraging contingencies for high project performance
Wrapping up risk response planning for high-risk projects
Implement Risk Responses
Implementing Risk Responses Process
Executing Risk Response Plans
Tools and Techniques
Best Practices
Continuous Risk Management
Monitor Risks
Adapting risk monitoring for high-risk projects
Optimizing risk plan maintenance
Weaving risk reassessment into the project's progress
Maintaining a continuous 'vigil' in high-risk project environments