A Practical Approach To Project Risk Management

A Practical Approach To Project Risk Management

Project Managers, Team Leaders, Business or Functional Line Managers, Project Team Members who are responsible for the initiation, development and utilization of project plans.

WHAT YOU WILL ACHIEVE

The ability to use a structured planning process for identifying and prioritizing varying project risk factors.

The ability to use quantitative, subjective and automated tools and techniques for quantifying the impact of potential risks on your project performance.

The know how of establishing mitigating plans that can be utilized as decision support tools to provide informed direction to the project team.

The ability to apply immediately some or all of the tools & techniques learned to your projects.

The understanding and benefits of having a risk management plan for your project.

WHAT YOU WILL LEARN

How to establish and implement a structured approach to the forecasting, monitoring and mitigating the project risk factors that can adversely impact schedule, cost and resource commitment to the project as part of your project management plan.
How to effectively communicate and share responsibility of project risk with your team members, customers and management.
How to identify the different types of risk associated with your project such as Technical, Time, Cost, Quality and others.
How to use automated risk analysis tools and techniques such as decision trees, Monte Carlo analysis and others.

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