Course duration
- 5 days
Course Benefits
- Learn about planning risk management.
- Learn to identify risks.
- Perform qualitative and quantitative risk analysis.
- Learn about risk governance.
- Learn to monitor and control risk.
- Learn tricks and techniques for taking the PMI-RMP exam.
Public expert-led online training from the convenience of your home, office or anywhere with an internet connection. Guaranteed to run .
Private classes are delivered for groups at your offices or a location of your choice.
Course Outline
- Risk Management Overview
- Risk Management Process
- Project Uncertainties
- Risks, Threats, and Opportunities
- Plan Risk Management Process
- Identify Risks Process
- Qualitative Risk Analysis
- Type of Risk
- What You Need before You Can Effectively Begin Risk Management
- Inputs to Risk Management
- Project Management Process
- Project Charter and Background Information
- Outputs from Project Planning
- Work Breakdown Structure
- Communication Management Plan
- Plan Risk Management
- Project Management Office (PMO)
- Risk Team
- Risk Methodology
- Budget and Timing
- Definitions of Probability and Impact
- Report Formats and Tracking
- Roles and Responsibilities
- Identify Risks
- Process of Identifying Risks
- Risk Categories
- Cause-Risk-Effect Format
- Root Cause
- Checklists
- Brainstorming
- Expert Interview
- Techniques, FMEA, and SWOT
- Perform Qualitative Risk Analysis
- Qualitative Risk Analysis Process
- Assumptions Testing
- Data Quality Assessment
- Probability and Impact Scales
- Motivational and cognitive Bias
- Risk Rating, Ranking, and Score
- Perform Quantitative Risk Analysis
- Determine Whether the Qualitative Risk Analysis Is Suitable for Your Project
- Analysis of Probability and Impact of Each Risk
- Methods to Quantitatively Assess Probability and Impact
- Monte Carlo Simulation
- Proving Likelihood of Project Completion by Any Date or Cost before Project Start
- Prioritizing Risk Analysis
- Plan Risk Responses
- Methods for Reducing Overall Risk by Identifying Threats and Opportunities
- Assigning Risks to Individuals and Groups
- Planned Risk Response
- Review Strategies
- Monitor and Control Risks
- Methods for Monitoring and Measuring
- Ensuring Compliance
- Taking Corrective Action
- Evaluating Effectiveness
- Reassessment and Refinement
- Risk Governance
- Ensuring Effectiveness, Consistency, and Continuous Improvement
- Standards, Policies, Procedures, and Practices
- Lessons Learned Management
- Metrics
- Monitoring and Controlling Risk
- Taking the Risk Management Professional (PMI-RMP)Certification Exam
- The PMP and CAPM Exams
- Accomplishing Risk Management When Doing High-Level Estimating
- Risk Categories and List of Risks
- Planning for Risk, Procurements, and Stakeholder Management
- Plan Risk Management
- Identify Risks
- Perform Qualitative Risk Analysis
- Perform Quantitative Risk Analysis
- Plan for Risk Response
- Plan Project Procurements
- Plan Stakeholder Management
Class Materials
Each student will receive a comprehensive set of materials, including course notes and all the class examples.
Instructor-led courses are offered via a live Web connection, at client sites throughout Europe, and at our Geneva Training Center.