This course arms project managers with the essential knowledge, skills, and tools to effectively manage and even predict the effects of risks on the project. The project manager must accept the fact that risks exist and learn to deal with them effectively. For every project, the benefits of the project must be weighed against the potential risks to both the customer and to the project manager's own organization. In today's business climate, both senior management and the customer have become increasingly adverse to risk, particularly risks imposed without an offsetting benefit or value.
Project managers, program managers in charge of several concurrent projects, and new managers who want to learn to effectively manage the element of risk in projects.
- Identify risk in the planning cycle
- Categorize and compare different risks
- Analyze and quantify the risk to the project
- Define risk criteria for projects
- Isolate the opportunities that result from effectively managing risk factors
- Conduct professional risk assessments
- Apply alternate risk assessment methodologies to projects