Risk Management

7 PDUs (6 Technical, 1 Leadership)

The Risk Management workshop is 1 day class focused on the best practices (processes and tools) of planning and managing project risk. An investment in improving your risk management capability has been proven to provide the best project management related ROI that most project managers and organizations can make. By learning and applying risk management best practices project managers can greatly improve their ability to meet project cost, schedule, scope and quality objectives.

There are no classes scheduled at this time.

“Enlightenment of how to manage risk was delivered in a useful way so we can apply to our projects. It was well presented and covered all aspects of risk management that apply to us”
– T.G. Excel Energy


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Description

7 PDUs (6 Technical, 1 Leadership)

The Risk Management workshop is 1 day class focused on the best practices (processes and tools) of planning and managing project risk. An investment in improving your risk management capability has been proven to provide the best project management related ROI that most project managers and organizations can make. By learning and applying risk management best practices project managers can greatly improve their ability to meet project cost, schedule, scope and quality objectives.

This one-day workshop provides a set of tools and techniques to assess and enhance risk management. Participants will learn risk identification, risk analysis, and risk response techniques that will significantly contribute to project quality and on-time and on-budget performance.

The workshop will look at risk management as an iterative process. Participants will learn how to establish objectives and regularly assess their project for impediments to achieving these objectives. By examining the magnitude of the cause and effect of changes and developing options, project managers will be able to make better decisions in controlling the outcome of their projects.

Participants will work through the risk management process in teams using one of their own projects as a case study. They will identify potential risks and opportunities, assess them in terms of probability and impact then determine which ones to address and which ones to ignore. From this exercise students will develop a risk response plan for those areas that need to be addressed.

Topics You Will Learn & Practice:

• Risk management – a system view
• Risk management concepts
• Risk Analysis
• Risk Mitigation
• Risk Identification
• Risk Quantification
• Risk Response Development
• Risk Response Control
• Contingency planning
• Using risk models
• Risk abatement

Who Should attend:

This workshop is for both management and non-management personnel who are interested in learning how to identify, assess, and manage project risk.


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