COURSE

Managing Risk on Projects

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Course Description

Upon completion, participants will be able to:

  • Identify risks using the WBS and several other identification tools
  • Rank risks based on qualification and quantification practice, including expected value
  • Establish organizational metrics for risk and begin the steps toward building internal risk models
  • Assess probability and impact for risk, using qualification practices
  • Assess a variety of risk strategies for their projects, selecting the optimal approaches
  • Present alternatives to management based on a thorough assessment of the risks
  • Integrate risk management with their existing project management practices.

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Notes: Carl Pritchard is the editor of Risk Management: Concepts & Guidance, 5th Edition, 2013, Taylor and Francis, and a recognized authority on project risk management. PMI®, PMBOK® Guide, PMP®, PMI-RMP® are all registered trademarks of the Project Management Institute of Newtown Square, Pennsylvania

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