Modes of Delivery
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Description
Not just small businesses and organizations, but even the world’s biggest enterprises are not risk averse and lose millions of dollars due to poor risk management. It is estimated that over 70% of global projects fail due to time delays and budget overrun, causing severe loss to the organization and the global economy. One of the main reasons for these failures is the lack of Risk Management knowledge and implementation.
Risk Management comes out as the key differentiator for successfully completing the projects on time and within budget. This course helps you not only to understand the tools and techniques of Project Risk Management but also how to apply them to develop a Project Risk Register for a sample case study under consideration. You will learn to tackle risks by identifying and analysing change and potential risk factors, and ways to circumvent them.
What you will learn:
By the end of this course, you will be able to
- Define risk and risk management
- Identify risks using various methods
- Assess the potential impact of risk factors
- Prioritize risks to determine the most important
- Develop effective risk response strategies
- Control risk during project execution using proven tools and techniques
Key Features
Curriculum
- Introduction to projects and project risks
- Human aspect of Risk Management (Risk Attitude – Risk Taking, Risk Neutral, Risk Averse)
- Risk Management – A Proactive Approach for managing uncertainties
- Threats and Opportunities
- Known and Unknown Risks
- Business Risks and Pure Risks
- Understanding the sample project case study
- Preparing to develop a Risk Register
- Identify Risks (Threats and Opportunities)
- Risk Categories and Risk Breakdown Structure
- Analyse and Assess Risks (Probability and Impact)
- Qualitative Risk Analysis
- Probability Impact Matrix
- Quantitative Risk Analysis
- Expected Monetary Value and Decision Tree Analysis
- Developing Risk Response Strategies
- Strategies for Threats
- Strategies for Opportunities
- Contingent Strategies
- Implement Risk Responses
- Monitor Risks
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reviews on our popular courses See All
Event was well delivered. Instructors are well versed in project risk management and helpful. Food and place are comforting. Overall 5 stars
Attended Project Risk Management workshop in March 2019KnowledgeHut Course was designed with all the basic and advanced concepts. My trainer was very knowledgeable and liked the way of teaching. Various concepts and tasks during the workshops given by the trainer helped me to enhance my career. I also liked the way the customer support handled, they helped me throughout the process.
Attended PMP® Certification workshop in May 2018The customer support was very interactive. The trainer took a practical session which is supporting me in my daily work. I learned many things in that session. Because of these training sessions, I would be able to sit for the exam with confidence.
Attended Agile and Scrum workshop in May 2018The trainer took a practical session which is supporting me in my daily work. I learned many things in that session with live examples. The study materials are relevant and easy to understand and have been a really good support. I also liked the way the customer support team addressed every issue.
Attended PMP® Certification workshop in May 2018I feel Knowledgehut is one of the best training providers. Our trainer was a very knowledgeable person who cleared all our doubts with the best examples. He was kind and cooperative. The courseware was designed excellently covering all aspects. Initially, I just had a basic knowledge of the subject but now I know each and every aspect clearly and got a good job offer as well. Thanks to Knowledgehut.
Attended Agile and Scrum workshop in May 2018Trainer really was helpful and completed the syllabus covering each and every concept with examples on time. Knowledgehut also got good customer support to handle people like me.
Attended Certified ScrumMaster®(CSM) workshop in May 2018I liked the way KnowledgeHut course got structured. My trainer took really interesting sessions which helped me to understand the concepts clearly. I would like to thank my trainer for his guidance.
Attended PMP® Certification workshop in May 2018It is always great to talk about Knowledgehut. I liked the way they supported me until I get certified. I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and liked the way of teaching. My special thanks to the trainer for his dedication, learned many things from him.
Attended Certified ScrumMaster®(CSM) workshop in May 2018
Nathaniel Sherman
Hardware Engineer.
Yancey Rosenkrantz
Senior Network System Administrator
Marta Fitts
Network Engineer
Archibold Corduas
Senior Web Administrator
Sherm Rimbach
Senior Network Architect
Barton Fonseka
Information Security Analyst.
Ellsworth Bock
Senior System ArchitectFrequently Asked Questions
There are no prerequisites for attending this course. Any professional with a keen interest to learn project risk management with hands-on exercises can attend and benefit.
Novices, beginners and even risk managers who want to reinforce their skills can benefit from this course.
Governments and organizations lose billions of dollars annually on failed projects. Failure to identify and mitigate risks at the correct time is one of the major reasons for project failure. A risk management professional can identify risks, assess risks, implement risk responses and thus save the organization’s money and reputation. Professionals with risk management expertise are much coveted. Risk management salaries typically fall between $161,955 and $247,064 in the U.S. This is the right time to enrol for this course and get started on a great career.
On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut
You will receive 1 credit per hour of learning which totals to 8 credits for the entire workshop.
Your instructors are industry veterans who have successfully led project management in organizations across sectors and will hand hold you through its practical and strategic aspects.
Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding) Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details: https://www.knowledgehut.com/refund-policy
Please send in an email to support@knowledgehut.com, and we will answer any queries you may have!