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Topics:
Day 1
Risk Management Road Map
- Understanding the whole-system approach
- Understanding risks, issues, and risk management in the project context
- Understanding the components of risk
- Learning the importance of tracking both threats and opportunities on your projects
- Determining the critical factors for managing risk
- Identifying common sources of risk
- Using risk analysis management
Risk Analysis and Assessment
- Analyzing and assessing project risks
- Using risk and impact assessment criteria
- Prioritizing the risk and defining risk tolerances
- Identifying “showstoppers”
- Determining the probability and impact of risks
- Determining the warning signs for risk
- Understanding project health status
- Earned value as a method for determining project health
- Templates for displaying and communicating risk information
Day 2
Controlling and Managing Project Risks
- Tracking and monitoring risk
- Using risk response control
- Managing the risk mitigation plan
- Reducing the impact of a “showstopper”
- Modifying your project to deal with risk
- Documenting risk management and using the knowledge
- Evaluating the risk management process
- How to communicate controversial information to the stakeholders
Audience: Team leads, project managers, project coordinators, project schedulers, project administrators, project analysts, project leaders and program managers.
Learning objectives:
- Using a whole-system approach for identifying, assessing, managing, and controlling risks
- Confidently using risk-management tools
- Learn how to trigger risks
- Assessing the project plan for threats and opportunities
- Applying risk identification techniques to your projects
- Identifying categories of risk
- Using risk assessment/analysis techniques
- Reducing risk through planning and proven strategies
- Using customizable templates to manage and communicate risk
PMBOK Knowledge Areas:
- Time management
- Cost management
- Scope management
- Quality management
- Risk management
- Procurement management
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