Code Date Venue Fees  
PM11 05 Mar - 09 Mar Maldives $2875 Register
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The project risk management training program is designed to enable participants to become experts at identifying all kinds of risks in the course of project management. The training program outline is up to date and pertinent to marketplace requirements, thus catering well to all analytical prediction of training needs in the specified area. A customized proposal can also be arranged, to suit the training requirement of your team.

Who Should Attend?

Individuals involved in the management of projects.

Course Outline

Module-I

  • Project Risk Management Planning
  • Risk Components
  • Project Selection
  • Risk Preferences
  • Project Risk Planning Processes
  • Defining Project Risk Management

Module-II

  • Identifying Project Scope Risk
  • Sources of Scope Risk
  • Defining Deliverables
  • High-Level Risk Assessment Tools
  • Risk Assessment Grid
  • Work Breakdown Structures ( WBS) and Potential Risks
  • Other Scope-Related Risks
  • Documenting the Risks
  • Identifying Project Schedule Risk
  • Sources of Schedule Risk

Module-III

  • Activity Definition
  • Duration Estimating Risks
  • Applying Estimating Techniques
  • Activity Sequencing and Multiple Critical Paths
  • Identifying Project Resource Risk
  • Sources of Resource Risk
  • Resource Planning Methods

Module-IV

  • Staff Acquisition
  • Cost Estimating and Cost Budgeting
  • Managing Project Constraints and Documenting Risks
  • Analysing Constraints
  • Project Priority Matrix
  • Managing Opportunities
  • Scope Modification
  • Resource Modification
  • Schedule Modification

Module-V

  • Trade-Off Analysis
  • Seeking Missing Risks
  • Quantifying and Analysing Activity Risks
  • Quantitative and Qualitative Risk Analysis
  • Risk Probability and Impact
  • Qualitative Risk Assessment
  • Quantitative Risk Assessment
  • Risk Assessment Matrices
  • Data Gathering Using Three-Point Estimates

Module-VI

  • Common Continuous Risk Distributions
  • Beta, Triangular, Uniform, Normal and Lognormal Distributions
  • Expected Monetary Value (EMV) Analysis
  • Decision Tree Analysis
  • Sensitivity Analysis and Tornado Diagrams
  • Probability Distributions and the Monte Carlo Process
  • Managing Activity Risks
  • Risk Information-Gathering Techniques
  • Categories of Risk

Module-VII

  • Risk Response Planning
  • Negative Risk Response Strategies
  • Positive Risk Response Strategies
  • Risk Registers and Implementing Preventive Ideas
  • Contingency Planning
  • Monitoring and Controlling Risky Projects
  • Implementing Response Plans
  • Collecting Project Status
  • Metrics and Trend Analysis
  • Responding to Issues
  • Project Reviews and Risk Reassessment

Course Objectives

By the end of the program, participants will be able to:

  • Plan and manage project risk
  • Identify project scope, schedule and resource risks
  • Analyse and manage project constraints
  • Conduct quantitative and qualitative risk assessments
  • Develop risk probability and impact matrices
  • Plan different risk responses
  • Implement preventive ideas and contingency planning
  • Monitor and control risky projects

General Notes

  • All our courses can be facilitated as Customized In-House Training course.
  • Course duration is flexible and the contents can be modified to fit any number of days.
  • As for Open Enrolment Courses, we offer our clients the flexibility to chose the location, date, and time and our team of experts who are spread around the globe will assist in facilitating the course.
  • The course fee includes facilitation, training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training.
  • FREE Consultation and Coaching provided during and after the course.
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Course Curriculum

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