Risk Management For Projects


RefineM Training

Risk Management for Projects

Please contact us if you would like to set up a customized training course in your city or at your corporate site.

Duration: 1 to 3 days

Description: Do your projects get derailed often? Do you think such problems could have been avoided or drastically reduced if there had been an explicit early concern with identifying and resolving the high-risk elements in those projects? If yes, then this course is for you.

Project risk management is perhaps the least understood and most effective tool project managers, program managers, or PMOs can employ to increase the odds of project success. When implemented correctly, it not only boosts probability of success, but also alleviates anxiety and improves predictability. Over the last decade, project risk management has become the backbone of organizations which successfully deliver projects, and in the current period it is absolutely essential to the success of a project/program/PMO.

This course on Risk Management covers theoretical as well as practical aspects of risk management methodologies. Examples from real projects will clarify concepts and illustrate the best practices. Attendees will also get an opportunity to participate in a few exercises that will prepare them to implement best practices in their projects.

Course Objectives: After completing the course, you will be able to
  • Define and differentiate between issues and risks, threats and opportunities, and total, residual, and secondary risks.
  • Assess risk tolerances and attitudes of stakeholders.
  • Understand all parts of a risk management plan and develop a risk management plan for your real projects.
  • Analyze and prioritize risks using qualitative and quantitative risk analysis methods.
  • Use risk contingency reserve with Expected Monetary Value (EMV) to improve the predictability of project outcomes.

Who Should Attend: This course is ideal for project/program managers, portfolio managers, PMO leaders, executives, project sponsors, change agents, project team members, business/systems analysts and other project stakeholders.

PDUs: 7 PDUs / Contact Hours per day of instruction (Strategic: 0, Leadership: 0, Technical: 7)

Course Delivery: Variable

Course Material: RefineM will prepare and provide the necessary training course material for all attendees.

About RefineM's Instructors: RefineM's instructors are experienced and certified in project management and Agile and bring real-world experience to their instruction. Our instructors not only teach concepts, we also provide insights and hands-on experience. And we don’t waste time. Our training is focused and hard-hitting. We offer practical targeted training in just the key topics that will make the most impact.

Contact us about future dates or to arrange for this training to be delivered in your organization or city.