Working with Risk in Project Management Intermediate
Introduction
Risk is an ever-present factor in all projects. The success of most projects will depend on the effective management of the risks involved.
Objectives
To enable to trainees to understand what Risk means to Project Management, how to identify the different risks, how to work with them and reduce their influence on the project.
Designed for
Project Managers and Senior Executives who need to increase the likelihood of their projects succeeding by reducing the number of unforeseen events and thus be prepared for those events rather than fighting fires.
Duration
1 day
Topics
- Risk in a Project Environment
- What is Risk
- Why Risk is necessary
- When to handle Risks
- Identifying Risks
- Internal Risks
- External Risks
- Who should identify Risks
- Recording Risks
- Evaluating Risks
- Impact
- Probability
- Other Factors
- Charting Risk levels
- Countermeasures
- Accept, Avoid
- Reduce, Enhance
- Transfer, Share
- Risk Management
- Contingencies
- Monitoring
Follow-up
Management of Risk – 5 days