All you need to know about risks involved in a Project and how to handle and manage those risks
Risk is inevitable in a business organization when undertaking projects. However, the project manager needs to ensure that risks are kept to a minimal. The benefits of risk management in projects are huge. You can gain a lot of money if you deal with uncertain project events in a proactive manner. The result will be that you minimize the impact of project threats and seize the opportunities that occur. This allows you to deliver your project on time, on budget and with the quality results your project sponsor demands. Also your team members will be much happier if they do not enter a "fire fighting" mode needed to repair the failures that could have been prevented.
Project risk management is an important aspect of project management. According to the Project Management Institute's PMBOK Risk management is one of the ten knowledge areas in which a project manager must be competent. Project risk is defined by PMI as 'an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives'. Good Project Risk Management depends on supporting organisational factors, clear roles and responsibilities, and technical analysis skills.
Project risk management in its entirety, includes the following five process groups. We have covered all the following process groups in our course:
·Planning risk management
·Performing qualitative risk analysis
·Performing quantitative risk analysis
·Planning risk responses
·Monitoring and controlling risks.
What are the requirements?
- Basic Understanding of Risk
- Basic Understanding of Project Management
- A Computer with Internet
What am I going to get from this course?
- Over 29 lectures and 4 hours of content!
- Planning risk management
- Risk identification
- Performing qualitative risk analysis
- Performing quantitative risk analysis
- Planning risk responses
- Monitoring and controlling risks
What is the target audience?
- Project Managers
- contract managers, quality managers
- risk managers, foreman
- construction managers
- Project Leaders
- Business owners, site managers
Plan Risk Management
Plan Risk Management - InputsPlan Risk Management - Tools and TechniquesPlan Risk Management - OutputsPlan Risk Management Sample Questions
Identify RisksIdentify Risks - InputsIdentify Risks - Inputs ContinuesIdentify Risks - Tools and TechniquesIdentify Risks - OutputsIdentify Risks Sample Questions
Perform Qualitative Risk Analysis
Perform Qualitative Risk AnalysisPerform Qualitative Risk Analysis - InputsPerform Qualitative Risk Analysis - Tools and TechniquesPerform Qualitative Risk Analysis - T&T, OutputsPerform Qualitative Risk Analysis Sample QuestionPerform Quantitative Risk Analysis - InputsPerform Quantitative Risk Analysis - Inputs ContinuesPerform Quantitative Risk Analysis - OutputsPerform Quantitative Risk Analysis - Outputs ContinuesPerform Quantitative Risk Analysis Sample Questions
Plan Risk Responses
Plan Risk Responses - InputsPlan Risk Responses - Tools and TechniquesPlan Risk Responses - OutputsPlan Risk Responses Key Points Sample Questions
Risk Management Control Risks
Risk Management Control RisksRisk Management Control Risks - T&T, OutputsRisk Management Control Risks Sample Question Part-1Risk Management Control Risks Sample Question Part-2