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Increasing Performance through Project Risk Management
Course Overview
Proactively identifying and controlling risk greatly increases the accuracy of the project’s scope, schedule, and budget, as well as reduces the amount of time the team spends putting out fires. This course, based on PMI®’s PMBOK® Guide, Sixth Edition, focuses on improving the project manager’s risk management expertise, from initial planning through project closure. Participants apply all course principles to a real-world case study of their choosing.
Course Length
2 days (14 contact hours)
Target Audience
This course is intended for:
· Project managers, project team leads, and project team members (with or without a currently-active PMI certification) who want to gain a deeper understanding of and hands-on experience with project risk management tools, techniques, and outputs, as documented in the PMBOK® Guide, Sixth Edition.
· Professionals who hold current PMP®, PgMP®, or other PMI credentials, who wish to earn Professional Development Units (PDUs) to maintain their PMI certification.
This course is not intended as direct preparation for any PMI certification exam.
Prerequisites
To ensure that you benefit fully from this course, you should have experience managing, leading, or contributing to projects. A PMI project-management credential such as PMP® or CAPM® is recommended but not required.
Author
Brian Salk, PhD, PMP®, PMI-ACP®, has over 30 years of experience, specializing in hands-on traditional and agile project management, training, and consulting. He manages a variety of consulting and training programs and projects for his organization and for a number of Fortune 500 customers. His global clientele includes organizations in North America, South America, Europe, and the Middle East. In addition to authoring courses, Dr. Brian frequently delivers project-management certification training (e.g., PMP®) and project-management best practices training. He is a four-time winner of the prestigious Worldwide Excellence in Training award from a global training organization, recognizing the 25 highest-rated instructors from a network of over 2,400. Dr. Brian earned his PhD from Fielding Graduate University in the field of Human and Organizational Systems, with a focus on effective methodologies related to project management education, and his Masters of Arts (Education) from the University of Michigan.
Increasing Performance through Project Risk Management Course Outline
Lesson 1: Risk Management Overview
- Risk Management Benefit and Uses
- Project Risk Management
- Project Management Life Cycle
- Case Study Selection
Lesson 2: Initiating Process Group
- Initiating Process Group Overview
- Develop Project Charter
- Identify Stakeholders
- Project Selection Criteria
- ROI Analysis
- ROI Methods
- Risk Complexity Index
- Project Selection
Lesson 3: Planning Process Group
- Planning Process Group Overview
- Scope Risks
- Schedule Risks
- Resource Risks
- Plan Risk Management
- Identify Risks
- Delphi Technique
- Subject Matter Expert Input
- Brainstorming
- Fishbone Diagrams
- Process Analysis
- Five Whys
- Influence Diagrams
- Risk Breakdown Structure (RBS)
- Risk Register
- Perform Qualitative Risk Analysis
- Probability and Impact Assessment
- Probability and Impact Chart
- Perform Quantitative Risk Analysis
- Three-point estimates
- PERT
- Triangular Distributions
- Outlier Considerations
- Geometric Mean
- Normal Distributions Methods
- Tornado Diagrams
- Expected Monetary Value (EMV)
- Monte Carlo
- Plan Risk Responses
- Risk Response Strategies
- Overall Project Risk
- Checklists
Lesson 4: Executing Process Group
- Executing Process Group Overview
- Implement Risk Responses
- Update Risk Report
Lesson 5: Monitoring and Controlling Process Group
- Monitoring and Controlling Process Group Overview
- Control Risks
- Project Monitoring
- Longer Projects
Lesson 6: Closing Process Group
- Closing Process Group Overview
- Close Project or Phase
- Risk Activities During Closing Process Group
- Post-Project Risk Assessment
SKU | 035903IPE |
---|---|
Weight | 1.2140 |
Coming Soon | No |
Days of Training | 2.0 |
Audience | Instructor |
Product Family | Partnerware |
Product Type | Print and Digital Courseware |
Electronic | Yes |
ISBN | No |
Language | English |
Page Count | 218 |
Curriculum Library | Project Management |
Year | No |
Manufacturer's Product Code | No |
Current Revision | 1.0 |
---|---|
Revision Notes | No Revision Information Available |
Original Publication Date | 2019-03-05 00:00:00 |
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Increasing Performance through Project Risk Management
(035903S) Student Print and Digital Courseware$144.00 -
Increasing Performance through Project Risk Management
(035903IE) Instructor Digital Courseware$123.60 -
Increasing Performance through Project Risk Management
(035903SE) Student Digital Courseware$123.60