Course details

This course focuses on improving the project manager’s risk management expertise, from initial planning through project closure. Participants will apply all course principles to a work-related case study taken directly from their work environment.

Course Outline

1 - Risk Management Overview

  • Risk Management Benefit and Uses
  • Project Risk Management
  • Project Management Life Cycle

2 - Initiating Process Group

  • Initiating Process Group Overview
  • Develop Project Charter
  • Identify Stakeholders
  • Project Selection Criteria
  • ROI Analysis
  • ROI Methods
  • Risk Complexity Index
  • Project Selection

3 - Planning Process Group

  • Planning Process Group Overview
  • Scope Risks
  • Schedule Risks
  • Resource Risks
  • Plan Risk Management
  • Identify Risks
  • Delphi Technique
  • Subject Matter Expert Input
  • Brainstorming
  • Fishbone Diagrams
  • Process Analysis
  • Five Whys
  • Influence Diagrams
  • Risk Breakdown Structure (RBS)
  • Risk Register
  • Perform Qualitative Risk Analysis
  • Probability and Impact Assessment
  • Probability and Impact Chart
  • Perform Quantitative Risk Analysis
  • Three point estimates
  • PERT
  • Triangular Distributions
  • Outlier Considerations
  • Geometric Mean
  • Normal Distributions Methods
  • Tornado Diagrams
  • Expected Monetary Value (EMV)
  • Monte Carlo
  • Plan Risk Responses
  • Risk Response Strategies
  • Overall Project Risk
  • Checklists

4 - Executing, Monitoring and Controlling Process Groups

  • Executing Process Group Overview
  • Monitoring and Controlling Process Group Overview
  • Control Risks
  • Project Monitoring
  • Longer Projects

5 - Closing Process Group

  • Closing Process Group Overview
  • Close Project or Phase
  • Risk Activities During Closing Process Group
  • Post-Project Risk Assessment
Updated on 08 November, 2015

About New Horizons Ireland

With a very convenient location next to Jervis street in Dublin 1, we offer a wide range of IT and business skills courses and we can also send our instructors to your location.

We are 100% Irish owned, but we are also part of the largest independent IT Training Provider, New Horizons Computer Learning Centres who deliver more courses than any other IT training company.

Because we're local, we understand the needs of business and individuals in our community. Whether you choose to take classes in person or online, you're always welcome to call or stop by.

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