Key takeaways from this training

• Knowledge of globally accepted project risk management practices
• Knowledge of key tools and techniques for project risk management
• Reinforcement of the concepts by focusing on the key project risks faced by projects within
  the organization

The training comprises of two parts; 

• Part1 – Introduction to risk management concepts and tools
• Part2 – Discussions around key risks faced in projects within the organization around the key
  concepts learned

Duration of the training – 6 hours 

Who should attend? 

• Project managers
• Account managers
• Project management team members
• Project Management Office (PMO) members
• Quality professionals
• Project controllers
• Risk management professionals

Course content

• A case-study
• What is a risk?
• Risk appetite, attitude and thresholds
• Domains of risk management portfolio, program and project
• Key success factors for overall risk management
• Risk management life cycle
  • Planning risk management
  • Risk identification
  • Qualitative risk analysis
  • Quantitative risk analysis
  • Planning risk responses
  • Implementing risk responses
  • Monitoring risks
• Risk classification
• Risk response strategies
• Risk management controls for;
  •  Integration management
  • Scope management
  • Cost management
  • Quality management
  • Resource management
  • Communications management
  • Risk management
  • Procurement management
  • Stakeholder engagement
• Key tools and techniques for risk management
  • Cause and effect diagrams
  • PESTLE
  • TECOP
  • SPECTRUM
  • Questionnaire
  • Root cause analysis
  • SWOT analysis
  • Affinity diagrams
  • Risk breakdown structure (RBS)
  • Agile
  • Assessment of other risk parameters like;
    • Stakeholder impact
    • Quantitative risk analysis
    • Contingency reserve estimation
    • Decision tree analysis
    • Expected Monetary Value
    • FMEA (Failure modes and effects analysis)
    • PERT
    • Force field analysis
    • Multi criteria selection technique
    • Reserve analysis
    • Residual impact analysis
    • Risk audit
    • Variance analysis
• Discussion “How we could have managed some of the key risks of the
  projects better by following the best practices learned in the training