Course description
Project Risk Management: In-House Training
Have you been surprised by unplanned events during your projects? Are you and your project team frequently fighting fires? Well, you are not alone. Uncertainty exists in any project environment. While it’s impossible to predict project outcomes with 100% certainty, you can influence the outcome, avoid potential risks, and be ready to respond to challenges that arise.
In this course, you’ll gain the proper knowledge needed to identify, assess, plan for, and monitor risk in your projects. You’ll learn how to set up and implement risk management processes, helping you to minimize uncertainty and achieve more consistent, predictable outcomes as a result.
Upcoming start dates
Outcome / Qualification etc.
What You Will Learn
You’ll learn how to:
- Demonstrate to others how the risk management processes in A Guide to the Project Management Body of Knowledge (PMBOK® Guide) apply to your project’s environment, especially for high-risk projects
- Adapt these processes for a particular high-risk project team’s operating principles
- Explain the importance of using risk management best practices at single and enterprise project levels
- Lead an initiative to implement risk management best practices in your project environment
Training Course Content
Foundation Concepts
- Risk-related definitions
- The risk management process
- High-risk projects and project failures
- Classical failures in implementing risk management
Plan Risk Management
- Project risk management and governance
- Risk management planning for high-risk projects
- High-risk variations on a risk management plan
Identify Risk
- Adapting the risk identification process for high-risk projects
- Recognizing risks spontaneously
- Confirming and structuring risk events for treatment
- Wrapping up risk identification for high-risk projects
Perform Qualitative Risk Analysis
- Adapting qualitative risk analysis for high-risk projects
- Accelerating risk analysis
- Clearing risk action
- Wrapping up qualitative risk analysis for the next level
Perform Quantitative Risk Analysis
- Adapting quantitative risk analysis for high-risk projects
- Ensuring effective risk analyses with data quality assessments
- Building a foundation for quantitative risk analysis
- Using discrete quantitative tools
- Using continuous quantitative tools
- Wrapping up quantitative risk analysis for high-risk projects
Plan Risk Responses
- Adapting risk response planning for high-risk projects
- Optimizing active risk response strategies
- Leveraging contingencies for high project performance
- Wrapping up risk response planning for high-risk projects
Implement Risk Responses
- Implementing Risk Responses Process
- Executing Risk Response Plans
- Tools and Techniques
- Best Practices
- Continuous Risk Management
Monitor Risks
- Adapting risk monitoring for high-risk projects
- Optimizing risk plan maintenance
- Weaving risk reassessment into the project’s progress
- Maintaining a continuous “vigil” in high-risk project environments
Why choose IIL Europe
2,000,000+ people trained by IIL
50,000 annual online conference visitors
2,000+ companies have chosen to partner with IIL as their Learning Partner
Request info
IIL Global
At IIL, our fundamental values of Intelligence, Integrity, and Innovation guide our actions and achievements with each customer, partner, and colleague. Our deepest purpose is to foster the growth and success of individuals, teams, and organizations through enduring relationships and...