All projects are subject to uncertainty, however all uncertainty is not the same as “project risk”. Only uncertainty which, if it occurred, would impact one or more project objectives qualifies as a project risk which may need to be managed. As organizations mature in their risk management processes they recognize that project risks has 2 potential outcomes: “threats” which may need to be avoided or minimized as well as “opportunities” which may be encouraged and exploited. Effective Project Risk Management recognizes both types of risks and is the key contributor to “project success”.

During this 4 part webinar series, students will learn that risk management is not a one time project activity but instead that risk management is an activity that occurs throughout the life of a project. They will learn 4 success factors which differentiate between success or failure of  their risk management effort and they will learn techniques for:

  • Planning and prepare for the risk management effort based on the organizations risk culture and tolerance for risk
  • Fully identifying all of the risks which could affect a project (not just the top 10 or 20 risks)
  • Performing quantitative risk assessments to determine which risks need to be responded to versus placed on a “Risk Watch List”
  • Selecting the appropriate risk responses  for managing risk (risk mitigation is only 1 of 8 possible options for managing risk)
  • Monitoring project risk throughout the life of the project and adjusting the risk plan for secondary risks, residual risks and new risks as they are uncovered
  • Defining work around plans for risks which actually occur

 

All webinars in this series align to the PMI Talent Triangle – Technical

 

Description

Solutions Cube Group’s webinars are presented by experienced staff members and partners who have over 30 years of experience managing projects and developing and running facilitated project meetings and delivering project management training courses.

During checkout you will be asked to provide your name and email address to automatically register you for the webinar you’ve purchased. Click on Watch Webinar to stream the webinar on Windows Media Player (PC). If you use QuickTime (Mac) we recommend installing a free video viewer called VLC media player at http://vlc-media-player.en.softonic.com/mac to stream the webinar.

If you have questions about your purchase or would like to receive a copy of the presentation slides, contact us at customerservice@SolutionsCubeGroup.com or call us at 972.786.0900.

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