Risk management
One of the pivotal success factors in project management is the ability to identify, analyze and manage risks in the project.
Course description:
You learn to identify risks, perform risk assessments and select appropriate methods and tools for your project.
Target group:
The primary audiences for this training are: Client, steering group members, project managers, subproject managers and team leaders.
Prerequisites:
Project Management step 1 or equivalent.
Method:
Feasibility study, preparation materials, energetic lectures, discussions, practical exercises and case studies. We follow the project life cycle with IAD Focus® model.
Course documents available for download to iPad or computer:
- Comprehensive course documentation with slides, checklists, templates and exercises.
- Literature: Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project [Kindle Edition] Tom Kendrick.
- Diploma obtained after completed training.
Contents:
Introduction
- Risks, uncertainties, possibilities.
- Identify, analyze and respond to risk.
- Building the risk analysis team
- Different methods for risk analysis.
- Strengths and weaknesses with different methods.
- Phases of risk management.
Limitation for the risk analysis
- Conditions for the analysis.
- Limitations
- Scope
Risk assessment
- Different types of risks.
- Qualitative risk.
- Quantitative risk.
- Methods for identification.
- Grouping and scenario description.
Risk assessment
- Quantification.
- Rating, prioritization.
- Assessment methods
Action planning
- Actions and the impact of different actions.
- Contingency plan.
- Risk matrix
- Processes.
- Tools.
- Techniques.
- Templates.
- Transfer of risks.
Monitoring and management of risks
- Monitoring and management of risk.
- Mistakes and traps in risk management.
- Risk management, project planning and project management.