COURSE OVERVIEW

Risk Management Essentials takes participants through the front-to-back experience of managing risk in highly demanding and time-intensive projects. The course reflects the fundamental steps of risk identification, qualification and response development, from the perspective of planning, design and implementation. The course focuses on practical, hands-on applications of risk processes. Participants should complete the program with a clear understanding of how to identify specific project risks (in a compressed time-frame), how to qualify and recognize the highest priorities and how to develop multiple strategies to resolve or mitigate these issues.

COURSE CONTENT

Overview of Risk Management

• Basics of Risk
• The Risk Management Process

Risk Identification

• CSM
• The Six Hats
• Sorting Tools

Qualitative Risk Analysis

• Setting Qualitative Values
• Establishing Probability
• Establishing Impact
• Setting Priorities

Response Development

• Avoidance
• Acceptance
• Mitigation
• Transfer
• Escalation
• Response Alternatives

Risk Response Control

• Strategy Implementation
• Strategy Documentation
• Workarounds
• Risk Policies

WHO SHOULD ATTEND

• PMPs,
• PMs with limited risk experience,
• Risk managers,
• Operational managers,
• Project, program, portfolio and PMO managers,
• Team leaders who manage operations and/or projects in an organizational context, and
• Any other manager who wants to improve business outcomes.

PDU INFORMATION

• 8 Technical PDUs

INSTRUCTOR

Carl Pritchard is the principal and founder of Pritchard Management Associates. He is recognized lecturer, author, researcher, and instructor. As a lecturer he is considered a leading authority on risk and communications management and presents on a variety of management topics, ranging from project essentials to the complexities of network diagramming and team motivation. As an author and researcher, he has published articles on project management language, advances in risk management, and on the challenges of training on the Internet. His work as an instructor has taken him around the world, training with some of the leading international training organizations, as well as for private clients and the Project Management Institute®. He is the U.S. Correspondent for the U.K. project management journal, Project Manager Today.