Online Project Risk Management

  •  day(s)Duration
  •  day(s)Duration
  • 1.2 CEU/12 PDU/Credits/Units
  • MDO273bCourse Code
  • send to printer

Course description

The Online Project Risk Management course is intended to enable you to perform the tasks listed below.

  • Incorporate the processes of the Project Risk Management Knowledge Area into day-to-day project management activities
  • Describe the Project Risk Management process interactions and data flow
  • Identify the benefits of managing risk and the impacts on project objectives when risk is not managed effectively
  • Explain the iterative nature of the risk management processes and the need for the processes to be performed throughout the life of the project
  • Describe the components of the risk management plan
  • Determine stakeholder risk tolerance
  • Use inputs and tools and techniques of the Project Risk Management processes to identify and categorize risks
  • Conduct a probability and impact assessment for identified project risks
  • Apply Perform Quantitative Risk Analysis process techniques to evaluate project risks
  • Develop appropriate risk response strategies to address positive and negative risks
  • Choose appropriate techniques to track identified risks, monitor residual risks, and identify new risks

Course Features

Course content is broken down into Modules and Topics. Participants explore the content using a variety of interactive methods, including:

  • roll-overs which uncover more detailed information on particular terms
  • pop-ups which allow participants to explore diagrams, templates, and processes in more depth
  • an avatar, or animated mentor, who offers additional content that expands the topics on selected pages
  • knowledge checks that give participants a chance to review important points
  • practice exercises that present challenges and opportunities using a case study (Participants practice applying the content learned using real-world tools and techniques to solve the case study problems.)
  • graded quizzes identify topics participants have mastered and those they might need to study more
  • a graded final exam validates the knowledge gained and skills mastered for the time committed

In addition to individual interactivity, CEG also offers a learning community and social learning tools that allow participants to share with each other and gain a broader understanding from a variety of perspectives. Participants can take advantage of lively discussion boards and instructor-led chat sessions.

Course Expectations

To fulfill the requirements of this course and receive your final grade, make sure that:

  • All quizzes have been completed with a score of 70% or better
  • The final exam has been completed with a score of 70% or better

Who should attend

This course is primarily designed for people who have project management responsibilities. It is also for project leaders or anyone who will be performing in those roles in the future. Individuals taking this course should have at least two years of experience working on project teams.

Course Outline

Module 1: Introduction to Project Risk Management

  • Project Risk Management in the Context of Project Management
  • What is Project Risk Management?
  • Project Risk Management in a Project Life Cycle
  • Fundamental Principles of Project Risk Management
  • Overview of Project Risk Management

Module 2: Plan Risk Management

  • Overview of the Plan Risk Management Process
  • Inputs to the Plan Risk Management Process
  • Tools and Techniques for the Plan Risk Management Process
  • Outputs from the Plan Risk Management Process

Module 3: Identify Risks

  • Overview of the Identify Risks Process
  • Inputs to the Identify Risks Process
  • Tools and Techniques for the Identify Risks Process
  • Outputs from the Identify Risks Process

Module 4: Perform Qualitative Risk Analysis

  • Overview of the Perform Qualitative Risk Analysis Process
  • Inputs to the Perform Qualitative Risk Analysis Process
  • Tools and Techniques for the Perform Qualitative Risk Analysis Process
  • Outputs from the Perform Qualitative Risk Analysis Process

Module 5: Perform Quantitative Risk Analysis

  • Overview of the Perform Quantitative Risk Analysis Process
  • Inputs to the Perform Quantitative Risk Analysis Process
  • Tools and Techniques for the Perform Quantitative Risk Analysis Process
  • Outputs from the Perform Quantitative Risk Analysis Process

Module 6: Plan Risk Responses

  • Overview of the Plan Risk Responses Process
  • Inputs to the Plan Risk Responses Process
  • Tools and Techniques for the Plan Risk Responses Process
  • Outputs from the Plan Risk Responses Process

Module 7: Control Risks

  • Overview of the Control Risks Process
  • Inputs to the Control Risks Process
  • Tools and Techniques for the Control Risks Process
  • Outputs from the Control Risks Process

What you will learn

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For an updated schedule for this course, please call us at 1.800.288.7246 (US) or +1.978.649.8200.