COURSE TITLE: PROJECT RISK MANAGEMENT
LEVEL: DIPLOMA
DURATION: 4 MONTHS
Course Description:
All projects have risk aspects, and for effective project management, these risks must be given enough consideration. Indeed inability to recognize and manage project risks has led to disastrous consequences, which sometimes meant the cancellation of the projects and a total loss of the amount already invested. The course is designed to provide an effective approach to improve decision-making, reduce threats, and increase the probability of the project achieving its cost, time and other objectives. It will cover topics such as identifying, measuring, and analyzing project risk at scale; creating a project risk management plan; using the qualitative risk-analysis process to guide your risk management decisions; and more.
Learning Outcomes: After studying this course, you should be able to:
- Identify and understand the risks faced by organizations with particular reference to
project risks - Know how to assess and measure the impact of risks on organizations.
- Understand how project risks can be identified, assessed and measured
- Understand the different ways that project risks can be managed or mitigated.
- Understand how organizations can apply Enterprise Risk Management in project
management
Course Outline:
- Introduction to Project Management
- The benefit of risk management in projects.
- Risk Management Process.
- Roles and Responsibilities in the risk management process.
- Project Risks Identification, Assessment and Mitigation
- Project Risks Assessment: Qualitative and Quantitative
Benefits of the Course:
The course will provide learners with an effective approach to improve decision-making, reduce threats, and increase the probability of your project achieving its cost, time and other objectives. You will learn how to identify, measure, and analyze project risk at scale; create a project risk management plan; use the qualitative risk-analysis process to guide your risk management decisions, and more.
Target Audience:
The course is designed for anyone wanting to learn how to manage project risks effectively. It is suitable for project managers, risk managers, team leaders, business analysts, quality assurance professionals, software developers, engineers, architects, consultants, and anyone involved in managing projects at all levels and in all industries and sectors of the economy.
