Course

Course Summary

Credit Type:

Course

ACE ID:

MACI-0047

Organization's ID:

6103

Organization:

Management Concepts, Inc.

Location:

Classroom-based

Length:

19.5 hours (3 days)

Dates Offered:

Credit Recommendation & Competencies

Level	Credits (SH)	Subject
Upper-Division Baccalaureate	2	Project Management

Description

Objective:

The course objective is to explore risk management best practices to ensure that projects adhere to timeframes, budgets, and quality requirements while mitigating risk, including approaches such as how to rank and respond to risk, monitoring and controlling risk, and communicating risks throughout the project lifecycle.

Learning Outcomes:

Prepare a risk management plan to guide your risk approach.
Integrate risk management techniques and results into a balanced project management approach.
Use multiple techniques to identify and document risks.
Perform qualitative risk analysis to prioritize risks for response and monitoring.
Perform quantitative risk analysis to assess risk to the overall project cost and schedule objectives.
Incorporate expected value, probability, and distribution into your risk analysis.
Estimate and characterize the impact and timing of risks on your project.
Monitor and control identified and emerging risks based on risk plan and project execution results.
Communicate risks effectively to all project stakeholders.
Create an on-the-job action plan.
Apply scalable planning methods to prepare for project risk management.
Identify project risks by using different identification tools.
Determine and implement appropriate risk response strategies based on risk analysis.