Risk Management

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Vendor: 
Project Management Institute (PMI®)
Subject: 
Business/Management
Course Contents: 

The topics that will be covered include:

  • Assessing personal risk awareness through real-life simulations
  • Constructing risk assessment teams (RAT) to evaluate a project
  • Risk Assessment Tools
  • Creating an Ishikawa diagram
  • Simulating project variations with Monte Carlo techniques
  • Calculating and interpreting statistical data
  • Developing a Risk Register
  • Justifying budget and time contingencies

Through case studies and a series of interactive small-group workshops, you perform the steps involved in identifying, analyzing and responding to a variety of project risks.

Objective: 

All projects involve risk. A thorough risk analysis at the onset of a project, and throughout the project life cycle, is essential to identify, quantify and manage risks.
In this course, you develop strategies that analyze the risks in project development and implementation. You learn to quantify risks and create effective risk mitigation strategies to deliver projects that will meet the expectations of your stakeholders.

Prerequisites: 

This course is valuable for anyone who has a stake in seeing a project through to its successful completion. Basic Project Management knowledge is desirable but not required.

Duration: 
6 hours
For more information on Risk Management please feel free to contact us online or call us at 416-513-1535.