Course description
Risk Management in Development Projects
Project teams usually spend a large portion of their time solving problems instead of preventing them. Project risk management seeks to preemptively manage positive and negative events that may affect a project so as to improve its chance of success.
What will you be able to do by the end of the course?
- Identify risks in scenarios of uncertainty
- Determine who can help you
- Understand how to manage risks in settings with limited resources
- Develop risk response strategies
- Monitor and update risks throughout the life of the project
Upcoming start dates
1 start date available
Suitability - Who should attend?
Prerequisites
We recommend that participants be PMPs or CAPMs, or have prior project management training.
Who is this course for?
- Project managers or supervisors
- Project team members
- Funders and financiers
- Public officials from national, subnational, and municipal entities
- Professionals from different fields who help develop and execute projects
- Professionals Interested in risk management in development projects
Outcome / Qualification etc.
What you'll learn
- Identify the main stages involved in preparing a risk management plan for development projects following the IDB’s methodology, which is based on PMI’s international standards, to successfully achieve expected results and impacts.
- Recognize the process of identifying risks that may affect the project and documenting their characteristics to facilitate risk analysis and subsequent management.
- Recognize the main elements of the risk analysis process and evaluating and combining risks’ probability of occurrence and impact to prioritize them.
- Recognize risk management strategies that allow for managing opportunities and threats that could impact the project’s objectives.
- Recognize the main elements of the risk monitoring process and continuously optimizing responses to improve efficiency when managing the project life cycle.
Course delivery details
This course is offered through Inter-American Development Bank, a partner institute of EdX.
2-3 hours per week
Expenses
- Verified Track -$25
- Audit Track - Free
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