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SOLUTIONS |
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Training |
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Advanced Training |
Risk
Management for Complex Projects
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Two-Day Seminar
1.0 Introduction
- Seminar member introduction and overview
of course material
2.0 Project Risk Management Terminology
- Learn risk management definitions
- Learn the components of risk management
3.0 PM Risk Life Cycle
- Look at the Life Cycle of Risk in the Concept,
Plan, Execute, and Closeout Phase.
4.0 Risk Management Overview
- Define risk; discover the difference between
uncertainty, opportunity, and risk management
- Differentiate between reactive and proactive
5.0 Risk Types
- Business risk
- Insurable risk
- Knowns
- Known unknowns
- Unknown unknowns
- External unpredictable
- External predictable
- Internal non-technical
- Technical and legal
6.0 Risk Identification
7.0 Risk Quantification
- Determine the degree of Potential Damage
8.0 Risk Tools
- Learn the Risk Management Plan: Decision-Making
- Learn the Language of Probability
- Learn about Decision Trees
- Learn about Monte Carlo
- Learn about Sensitivity Analysis and Utility
Theory
- Learn about the Risk Management Plan
9.0 Develop Risk Response
- Learn how to develop a risk response strategy
- Learn risk acceptance risk avoidance, risk
mitigation
10.0 Implementing Risk Responses
- Learn how to communicate risk to stakeholders
- Learn the decision-making processes in
implementing a risk response plan
11.0 Monitor and Control Risk
- Examine how to use the risk plan to monitor
and control project risk
12.0 Evaluate Risk
- Evaluate how to use the risk plan and the
data from monitoring and controlling to evaluate and improve
risk handling on future projects
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