Project Management Training CD
Project Management: Risk Management
Participants become familiar with the four phases involved with project risk management. They develop the skills they need to identify and analyze common sources of risk. They become familiar with the basic types of
risk response and learn how to develop a risk management plan.
Learn To:
- Classify project risks according to knowns, known-unknowns, and unknown-unknowns.
- Identify and classify project risks.
- Follow the process for risk assessment.
- Use five techniques to quantify project risk.
- Develop a risk management plan.
Content Emphasis: Skills-Based
Audience: Individuals who want to learn how to effectively manage risk during a project.
Total Learning Time: 2 - 4 Hour(s)
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Product
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CODE
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Price
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Order
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Project Management: Risk Management CD-ROM
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ng41506
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$110.00
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Project Management Training CD Program
Unit 1: Background Information
Duration: 0.5 - 1 Hour(s)
- List the five steps of the project management process.
- Define the risk management variable.
- Classify project risks according to knowns, known-unknowns, and unknown-unknowns.
- Differentiate between business risks and insurable risks.
- Know when to take risks and when to avoid risks.
- Simulation Overview: In this simulation, you will meet with Ronald Spear, Icon International's Vice President of Marketing, to discuss the definition of risk, when
risk management should occur, and how to avoid risk.
Unit 2: Risk Identification
Duration: 0.5 - 1 Hour(s)
- Identify and classify project risks.
- Use six tools to identify project risks.
- Use checklists to manage project risks.
- Create a watch list.
- Identify risk triggers.
- Simulation Overview: In this simulation, you will meet with Travis Peterson, Icon's Director of Information Services, Janet Porter, Director of Business Development,
and Greg Avery, Icon's Engineering Manager. Janet has asked you to attend this meeting since you will be the project manager for Icon's video-conferencing network
project. The network will link together all seven of Icon's satellite locations. You will discuss the risks involved with purchasing a network compared to the risks involved
if Icon develops its own network.
Unit 3: Risk Assessment
Duration: 0.5 - 1 Hour(s)
- Follow the process for risk assessment.
- Consider stakeholders' risk tolerance levels when completing risk assessment.
- Calculate the probability of a risk occurrence.
- Use five techniques to quantify project risk.
- Create a decision tree to assess project risks.
- Explain how quality and scheduling are related to risk assessment.
- Simulation Overview: In this simulation, you will meet with Bruce Madison, Icon's Director of Information Services. Bruce has been involved with risk assessment on
several Icon International projects. Through his questions and your answers, you will gain an understanding of risk assessment, techniques to quantify project risk,
and how quality and scheduling are related to risk assessment.
Unit 4: Risk Response and Control
Duration: 0.5 - 1 Hour(s)
- Follow the process for risk response.
- Identify the five categories for possible risk response plan.
- Develop a risk management plan.
- Differentiate between management reserves and contingency reserves.
- Use the various approaches for developing contingency allowances.
- Simulation Overview: In this simulation, you will meet with Robin Carlson, a Product Manager for Icon International. As a Product Manager, Robin works with
risk response and control every day and would like to pass on her knowledge to you. Through her questions and your answers, you will gain an understanding of
the risk response process, possible risk response plans, and approaches for developing contingency allowances.
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