The course topics are directly derived from the PMI Body of Knowledge (PMBOK) and other respected authors for this relatively new and often neglected aspect of the project management discipline. Other course matter is based upon empirical observations from real representative projects. The course is structured around the five main formal components of the Risk Management Process-namely, Risk Management Planning, Risk Identification, Risk Qualification and Quantification, Risk Response Planning, and Risk Monitoring and Control. Each component is covered sequentially with its respective application of inputs, tools and techniques, and outputs.
• History and Definitions of Risk
• General Risk Relationships
• Risk Management-Process & Planning
• Risk Identification
• Risk Qualification & Quantification
• Risk Response Planning
• Risk Monitoring & Control
This course is strongly recommended for those preparing for the Project Management Institute (PMI) and Project Management Professional (PMP) certification.
Students attending this course should have had real participation in formal projects. They should also have attended an introductory course to project management covering principles and techniques.