Overview:

The Challenge
Every project has issues. Issues are threats to a project that have materialized, and they can drain a project team of needed energy and time. Experience has shown us that proactive management of project risk can reduce the incidence and severity of issues by up to 90%. The advantages to proactive management of risk are enormous, but how can we do this in a way that actually works?

The Solution
This workshop explains the origin of risk, where project threats commonly originate, and how to manage those threats. You will be led through a series of exercises, each of which contributes to establishment of an effective Risk Management Practice. Participants leave with an exceptional set of tools that they can use immediately in their projects.

Audience:

Project and program managers, project leads, PMO staff, anyone who manages project managers, functional managers with project responsibility.

Course duration:

Half day

Learning Objectives :

• Nature of project risk
• Sources of project risk
• Impact of human factors
• Planning for risk management
• Identifying project risks
• Analyzing project risks
• Risk response planning
• Expected Monetary Value
• Controlling risk
• Issues management
• Benefits of Risk Management