Project Management
Project Risk Management
Risk refers to future conditions or circumstances that exist outside of the control of the project, and will have an adverse impact on the project IF they occur. All projects have some degree of uncertainty due to the assumptions associated with them and the environment in which they are executed. Although risk cannot be eliminated entirely, it can be anticipated and managed. We can have a proactive approach in that we try to resolve the potential problem before it occurs, or a reactive which attempts to resolve the problems as they occur.
In this session, participants will perform risk evaluation, and implement techniques and strategies to manage and offset possible negative impact on the project.
This 2-day workshop is a combination of lecture combined with hands-on exercises and simulations to reinforce the learning.
Who Should Attend
This workshop is aimed at those who have an interest in the principles of project management, in particular those who wish to learn how to effectively deal with risk management. It is beneficial for everyone from the trainee project manager to the more experienced person responsible for managing and leading projects.
Workshop Objectives
- Define risk management.
- Understand the importance of risk identification.
- Develop a risk management plan.
- Understand the critical success factors.
- Quantify project risk.
- Identify causes and symptoms of risk.
- Learn techniques and strategies for responding to risk.
- Forecast future risk impact on your project.
- Identify opportunities from risk.
- Learn how to monitor and control risk throughout the project.
