Project Risk Management
Course
In Oxford
Description
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Type
Course
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Level
Intermediate
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Location
Oxford
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Class hours
7h
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Duration
1 Day
Project risk management is the 'radar' that enables your business to avoid obstacles, show-stoppers and major disasters!
Risk management is a well-recognised set of tools and methods that enables you to systematically identify project risks and then to respond appropriately. Responding to risks may mean reducing the chances that a specific risk will turn into an Issue that would hurt your project. It may mean putting recovery plans in place so that you can deal with outcomes effectively when risks do turn into real problems.
A planned and controlled approach to project risk is an essential tool for modern programme and project management. The methods of project risk management are a hugely important capability both for individual project managers and also the organisations within which they work.
Developing skills, knowledge and organisational processes in this area is likely to have a significant return on investment (ROI) for any organisation that runs projects either internally or for their customers.
Facilities
Location
Start date
Start date
Reviews
Subjects
- Risk
- Risk Management
- Project
- Project Management
- Project Risk
- Project Risk management
- Risk reduction
- Risk Mitigation
- Risk avoidance
- Programme Planning
Teachers and trainers (1)
Rob Collins
Visiting fellow of Kellogg College Oxford
Course programme
This course presents industry best-practice in a clear and understandable manner. You will leave the course with the knowledge and understanding to enable you to manage risk on your project. The course draws on the PRAM guide developed by the Association of Project Management and on practical project experience from real projects.
The course includes:
- An overview of project risk management – why it matters and how it works.
- Planning for risk management
- Identification of risks in resources, scope and schedule
- Taking advantage of opportunities – the positive side of chance events
- Information gathering for Risk
- How to assess, quantify and prioritise risks
- Strategies to respond to risk – reduction, mitigation and avoidance
- Managing and communicating risk Information
- The human face of risk – why do people and projects get it wrong?
Project Risk Management