Course description
Risk Management for IT Projects: In-House Training
IT projects may have direct bottom-line impact on the organization, cost millions of dollars, cause organizational change and change the way the organization is perceived by clients. Many IT projects are notoriously hard to predict and are filled with risk. IT Risk Management takes a comprehensive look at IT project risk management using PMI’s PMBOK® Guide Risk Management Model in the context of IT Project Life Cycle phases.
The goal of this course is to arm the practitioner with a rigorous, common-sense approach to addressing uncertainty in projects. This approach includes the ability to influence project outcomes, avoid many potential project risks, and be ready to calmly and efficiently respond to unavoidable challenges.
Upcoming start dates
Outcome / Qualification etc.
What you will Learn
You’ll learn how to:
- Describe the risk management process, using the PMBOK® Guide’s standard models and terminology
- Discuss the potential barriers to managing risk effectively in IT project organizations
- Develop an effective risk management plan for IT projects
- Identify project risks using IT-specific, practical tools
- Analyze individual risk events and overall project risk using IT-specific, practical approaches
- Plan effective responses to IT-specific risk based on the results of risk analysis and integrate risk responses into project schedules and cost estimates
- Manage and control risk throughout the IT project life cycle
- Implement selected elements of IT project risk management on your next project
Training Course Content
Foundation Concepts
- Basic concepts and purpose
- Risk and project constraints
- Risk and corporate cultures
- Risk management and IT PLC standards
Plan Risk Management for IT Projects
- Plan Risk management process
- Plan Risk management activities
- Design a standard template
- Assess the project-specific needs
- Tailor the template
- Produce a project-specific risk management plan
- Gain consensus and submit as part of overall project plan
- A risk management plan of IT projects
Identify Risks for IT Projects
- Identify risk process overview
- Risk categories and examples
- Risk identification tools
- Risk events by project life-cycle phases
Perform Risk Analysis for IT Projects
- Perform qualitative risk analysis overview
- Core qualitative tools for IT projects
- Auxiliary qualitative tools for cost and schedule estimates
- When to use quantitative analysis for IT projects
Plan Risk Response for IT Projects
- Plan risk response overview
- Active risk response strategies for IT projects (Threat and Opportunity)
- Acceptance and contingency reserves
- Contingency planning for IT projects
- Plan risk responses for IT projects
Implement Risk Response for IT Projects
- Implement Risk Responses
- Executing Risk Response Plans
- Techniques and Tools Used
- Continuous Risk Management
Monitor Risks for IT Projects
- Monitor risks overview
- Monitor risks tips for IT projects
- Technical performance measurement systems
- Risk management implementation for IT projects
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