Project risk management

The course will cover the following topics:

Risk management as a field of knowledge

• Familiarization with the concept of risk in project management, process groups and the relationship to the achievement of the company's strategic objectives.

Proactive and reactive approaches to risk management

• Study of approaches to risk management, identifying them at different stages of a project and using strategies to minimize them.

Risk identification

• Methods for identifying risks at the project initiation stage, the roles of risk owners and creating a hierarchical risk structure.

Risk analysis and assessment

• Qualitative and quantitative risk assessment, identifying root risks and prioritizing them.

Risk Management Plan

• Risk response strategies, leveraging opportunities and synergies of anti-risk activities.

Risk control and monitoring

• Risk monitoring techniques using key indicators, post-project analysis and corrective actions.

The following objectives can be emphasized as the main ones:

• To master the project risk management system and implement methods of effective risk assessment and control.
• To develop skills in developing risk management strategies that will minimize the negative impact of risks on the project.
• To increase the level of interaction between the project team and stakeholders for the successful implementation of the project.

The course is ideal for professionals working in project management, namely:

• Senior management
• Project portfolio and program managers
• Project managers and administrators
• Project team members
• Risk managers
• Project office staff
• Technical managers and systems engineers
• Heads of key departments involved in projects
• Business process development managers

What you will get upon completion of the course:

• An unambiguous understanding of the nature of risks and how to manage them.
• Systemic knowledge of managing IT project opportunities and threats.
• Ability to develop and implement a risk management strategy appropriate to the scope and complexity of the project.
• Skill in conducting risk analysis, including the impact on budget and timelines.
• Ability to prioritize risks and develop measures to minimize them.
• Experience in engaging stakeholders in the risk management process.