Enroll in this Course where you will learn to use proven approaches and techniques specific to risk management. You will learn to plan and analyze projects so as to minimize risk in a formal environment. You will identify, analyze, and address uncertainty throughout the project lifecycle and incorporate lessons learned and industry best practices related to risk management. You will apply PMI risk management processes in a practical way to eliminate, mitigate, and minimize threats while maximizing and optimizing opportunities.
Definition of a plan
Definition of risk and risk management
Risk management and project success
Project management life cycle
Project success factors
Stakeholder analysis
Balancing constraints within a plan
Assessing project riskiness
Importance of formal planning
Risk management plan
Risk identification techniques
Qualitative risk analysis
Quantitative risk analysis
Risk response planning
Protecting the plan
Change controls
Responding to risks
Capturing and employing lessons learned
Current methods of managing uncertainty based on lessons learned
Assess overall project riskiness
Role of a risk management plan
Manage uncertainty in terms of both opportunities and threats
Conduct qualitative risk assessments in order to rank risks
Risk within an execution strategy
Develop risk response plans for significant risks
Conduct quantitative risk assessments in order to adequately budget for uncertainty
Ensure success by understanding the role of a risk management plan and lessons learned
Monitor and control uncertainty during execution
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