Project Management - Risk Assessment Training

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Overview

This one-day course provides participants with a wide range of tools and techniques to effectively recognize, manage, and mitigate project risks. This course also focuses on methods for successful communication of project risks. This course is best suited for moderate to experienced project managers. This course is best suited for moderate to experienced project managers. All students will receive a course binder, a Risk & Decision Analysis in Projects book, a Project Risk Management book, a Proactive Approach book and a Inscape Leadership profile.

Key Course Topics

• Introduction to risk & decision analysis
• The nature of risks
• Risk management in Information Technology
• The basic tools
• Decision analysis process
• Utility & multi-decision criteria
• Decision trees
• Monte Carlo Simulations
• The value of information
• Project risk management
• Quick & dirty
• Analyzing & prioritization of risks
• Decision trees
• Expected Monetary Value
• Life cycle costing
• Software tools
• The risk management plan
• Throughout the project
• Response & control
• Mitigation vs. contingency
• Advanced topics
• Critical Chain Management
• Stochastic Variance
• Other tools

Delivery

Instructor Led Classroom, Virtual Classroom, Online Self-Paced

Exam

None

Credits Earned

7 PDU's