Course Summary
In this course students learn the principles of effective risk management, how to plan for and manage risk throughout the project life cycle, and practice how to assess and prioritize risk in realistic class exercises.
Duration
4 hours.
Audience
Project and program managers, project coordinators, project team members, IT professionals, IT team members, business and IT managers, team leaders, and product managers.
Additional Notes
Instructor
Chris Marr is an instructor with over nine years experience managing large Weblogic and Comergent projects and programs to support convergence, process engineering, outsourcing, and business continuity to a multitude of vertical markets including Technology, Retail, Financial Services, Healthcare and many more. Chris has also successfully led a $150M PMO in Europe. Chris’s technical experience covers VoIP, IP Telephony, call & contact centers, LAN/WAN technologies and facilities. Chris was educated in Electronic Engineering in Southampton, England and was certified PMP in 2003.
Pricing Options
Quantity discounts are available for this course. This course can be bundled with other cPrime University modules to build a custom training solution for your organization.
Outline
- What is risk management and why is it essential to project success
- Types of project risks
- Elements of a risk management plan and why is it needed
- The role of qualitative vs. quantitative risk assessment
- How to identify and quantify risks
- Creating a risk contingency and response plan, or "Which of the three little pigs survived?"
- Monitoring for expected and unexpected risks
- The politics of reporting risk – better to be Chicken Little or Humpty Dumpty?
- Qualitative risk analysis exercise
- Hands-on interactive risk quantification and prioritization exercise
