Course details
Risks exist at any time in the project, identifying and setting response plans early saves you a lot of money and time to conclude a successful project.
Focus of this training workshop is to enable attendees:
- Understand how and where to look for risks in their projects
- Understand the various roles and responsibilities for managing project risks
- Become familiar with the PMI® practice standard for project risk management (2009 edition)
- Prepare for the PMI-SP exam
Course Outlines
The course outlines are developed in reference to PMI publications: “Practice Standard for Project Risk Management, (2009)”.
Fundamentals of project risk management
- Risk management terminology
- Barriers to integrated risk management
- Roles and responsibilities for project risk management
- Project risk management processes
Scoring project risks
- Developing probability scales
- Developing impact scales
- Developing project risk scoring model
- Scoring inpidual risks
- Scoring total project risk
Planning risk management
- Risk Breakdown Structure (RBS)
- Critical success factors for good project risk management
- Components of the risk management plan
- Tailoring the risk register
Identifying risks
Tools & techniques to identify risks
- Pros & cons of each technique
- Relationship with the project life cycle
How to describing risks?
- The risk meta language
- Linking risks with causes
- Linking risks with urgency
Qualitative risk analysis
- Critical success factors for qualitative risk analysis
- Steps to perform qualitative risk analysis
Quantitative risk analysis
- Requirements to implement quantitative risk analysis
- Critical success factors to perform quantitative risk analysis
- Tools & techniques to perform quantitative risk analysis
Planning risk responses
- Risk response strategies
- Impact of response strategies on time and cost
- Impact of response strategies on other planning components
Monitoring & controlling project risks
- Risk register updates
- Documenting project risks
- Documenting lessons learned
Course Location
About Rapid Growth Institute
Rapid Growth Institute is a project management solutions provider operating in the Middle East and North Africa (MENA) region. they aim to utilize modern techniques to enable their customers accelerate their projects, achieve high performance and excellence.
their solutions range from training, coaching, recruiting skilled project management restheirces, consulting and project management office (PMO) setup.
Founded in 2010 by a consultant with 30 years of experience delivering services to customers in telecoms, government, banking, manufacturing, oil & gas, mining, airlines, information technology and business sectors in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Sudan and Libya.
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