Project Risk Management

Ways of Working

Course Description

The course provides a systematic approach of identifying risks, analyzing the risks for potential
impact to the organization or project, creating strategies to mitigate risks, applying risk
response measures when risk events occur, and establishing procedures for monitoring,
controlling, and reporting on risks.

 

What's included

  • 15 hours of interactive training
  • Online quizzes
  • Course manual with all instructional content
  • Case study
  • Participant exercises
  • Instructor access outside course hours
  • 15 PDUs (Ways of Working - 10, Power Skills - 3, Business Acumen - 2)
  • Certificate of completion

Instructor information

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Ms. Maggie Hryhorenko

This program is provided by National Project Management Inc., a PMI Authorized Training Partner and International Project Management Training firm providing training all over North America, including many international locations. We deliver our training programs primarily through Universities and Colleges, and also through industry organizations. We have significant expertise in delivering specialized training programs in project management in every sector. Our instructors include technical expertise such as professional engineers and executive project managers with a comprehensive understanding of industry. Our instructors are also Project Management Professional (PMP) Certified providing extensive experience in project management techniques.

The course instructor is Ms. Maggie Hryhorenko. She is PMP certified with over 20 years experience managing projects, portfolios as well as large-scale programs in the information technology sector. She has experience in implementing PMO , Governance plans, analysing and streamlining processes, providing customized client/server and web based solutions, and process re-engineering implementations.

Maggie possess solid leadership, coaching and training experience as an instructor with National Project Management for more than 10 years.

Course Learning Outcomes

Upon successful completion of the course, the student will be able to

  • Create processes for identifying, analyzing and responding to project risk
  • Create a risk management plan
  • Identify project risks
  • Conduct qualitative and quantitative risk analysis
  • Create response strategies for individual risks
  • Implement and monitor project risks

Course Topics

1. Plan Risk Management

  • Definitions of risk and risk management concepts
  • Stakeholder risk tolerance
  • Creating a process for identifying and managing risks
  • Creating a risk management plan

2. Identifying Risks

  • Data gathering of project information from project documentation and conducting
    stakeholder interviews
  • Analysis of project data to identify project risks
  • Conducting assumptions analysis and SWOT analysis
  • Creating a risk register

3. Perform Qualitative Risk Analysis

  • Creating a risk breakdown structure (RBS) for risk categorization
  • Analyzing all project risks for probability and impact
  • Creating a probability and impact matrix
  • Creating a risk prioritization

4. Perform Quantitative Risk Analysis

  • Analyzing risks using quantitative risk analysis techniques
  • Decision tree analysis
  • Simulation
  • Updating the risk register

5. Plan Risk Responses

  • Strategies for responding to threats
  • Strategies for responding to opportunities
  • Creating risk responses for every project risk
  • Identifying monetary resources to support the planned risk responses
  • Documenting risk responses and updating he risk register

6. Implementing Risk Responses

  •  Executing the planned risk responses as risks occur

7. Monitoring Risks

  • Monitoring the effectiveness of risk responses
  • Identifying new risk
  • Closing out risks which have dropped off
  • Managing the contingency reserve
  • Revising the risk response plan as required
  • Updating the risk register
  • Risk reporting

 

Cancelation policy/Refund policy

Registration fee will be fully refunded provided written notice is received more than 5 working days before the course start date. No refunds will be extended for later cancellations, but a substitute may attend. In the event of course cancellation, our liability is limited to the full refund of the course fees paid.

 

Risk-Free (Money-back Guarantee)

After the first day of the training, if the participant doesn’t believe that the course will provide the value that is being promised, a full refund will be provided.

 

** Special Notes

Claim code will be provided to students by the instructor on completion of the course

Event Registration Terms and Conditions

Please see the PMI-CTT Event Registration Terms and Conditions here.

 

It is no longer possible to register for this event

It is no longer possible to register for this event

Information

Type of category: Courses

Type of activity: Ways of Working

Date: April 15th to April 16th, 2024

Hour: 9:00AM to 5:00PM

# of PDUs: 15

Price

Members: $599.00

Non members and Guests: $899.00

Location

Virtual LIVE STREAM