Advanced Project Risk Management

  •  day(s)Duration
  • 2.1 CEU/21 PDU/Credits/Units
  • MDP390Course Code
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Course description

Project Management is, at its core, Risk Management. Industry defines a successful project as receiving the expected function on the original date and at the price originally committed. When surveyed, most executives regardless of the industry they represent, will state that what they receive in terms of a project delivery satisfies those requirements only about 25% of the time.

Advanced Risk Management is a survey course which addresses the current state of risk management and presents current industry best practices.

This course uses a case-study based methodology which provides:

  • An environment to investigate multiple risk management approaches, tools and techniques
  • A hands-on risk assessment and evaluation experience
  • A team approach fostering group interaction and an exchange of ideas and experience.
  • Direct, instructor led feedback with participation by all student teams.

Who should attend

  • Experienced Project and Program Managers currently in or expecting to enter a complex project environment.
  • Project team members who will be participating in project risk evaluations.
  • Stakeholders and Sponsors who may participate in the review and evaluation of team analyses.

What you will achieve

At course conclusion, students will feel comfortable leading a risk management evaluation when they return to their work environments. They will also have the knowledge and experience to lead their team in building a customized risk model for their organization.

What you will learn

Your instructor will present each sub-process in depth. Students will then be given the opportunity to directly apply the knowledge to the case study in a team setting and by completing individual exercises. This provides a practical approach to explore proven strategies while reinforcing the importance of risk management in achieving enterprise goals and objectives in today’s volatile business environment.

Course Outline
Day One
  • Definition of Risk and its impact on a business
  • Risk Planning: Creating an analysis model
  • Review of probability concepts with exercises
  • Risk Identification Methodologies
  • Risk Identification Case Study
Day Two
  • Risk Evaluation and Planning
  • Risk Qualification Analysis Techniques
  • Risk Quantification Analysis Techniques
  • Case Study and Exercises
Day Three
  • Risk Response Planning and Analysis
  • Opportunity side of risk
  • Categorization and analysis
  • Risk Response Planning
  • Case Study and Exercises

This course is currently not scheduled. To be notified of the next available date, provide us with your information. Or, if you have a group to train, contact us to learn more about bringing this course onsite to your location:

Call: 1.800.288.7246 (US ONLY) or +1.978.649.8200


Form: Corporate Onsite Request Form