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Project Management Foundations: Risk

Project Management Foundations: Risk

1h 17mIntermediate2022-06-16

Authors

Bob McGannon

Bob McGannon

PMP and PRINCE2 Certified Consultant, Author, and Speaker

Course details

Without risk, there can be no reward. But if not managed properly, risk reduces your ability to achieve your project's goals and could derail it altogether. In this course, author and PMP Bob McGannon shows you how to anticipate, assess, and manage project risk, whether your project is large or small. Bob explains how the PMBOK seventh edition deals with risk and why managing risk is so critical for project success. Discover how to gauge your stakeholders' tolerance for risk, assemble a risk plan, build a risk register, and maintain project continuity as risks crop up.

Skills covered

Project Management SkillsProject ManagementFoundations

Concepts

0. Introduction

  • 01 - Project risk - A battle of resiliency

1. Risk Characteristics and Planning

  • 02 - Project risk - A product of uncertainty
  • 03 - Incorporating risk in a complex environment
  • 04 - Managing risk, ambiguity, and project stakeholders
  • 05 - Dealing with volatility in a project environment
  • 06 - The components of a project management risk plan

2. Risk Outcomes - Threats and Opportunities

  • 07 - Project risk identification methods
  • 08 - Project threats
  • 09 - Project opportunities

3. Tailoring Project Uncertainty

  • 10 - Understanding risk appetite and tolerance
  • 11 - Determining project risk analysis level
  • 12 - Budgeting for risk
  • 13 - Project vs. task risk

4. Strategic Risk Management

  • 14 - Managing project risk strategically
  • 15 - Managing unknown unknowns
  • 16 - Identifying risk triggers
  • 17 - Uncertainty of requirements and technology

5. Optimizing Risk Responses

  • 18 - The PM risk standard
  • 19 - Challenge - Staffing uncertainty
  • 20 - Solution - Staffing uncertainty
  • 21 - Challenge - Requirements volatility
  • 22 - Solution - Requirements volatility
  • 23 - Challenge - Technology deployment
  • 24 - Solution - Technology deployment

Conclusion

  • 25 - Your risk management toolkit

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