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Project Risk Management

Igor Arkhipov

This course provides a comprehensive analysis of project risk management. It begins with foundational concepts and frameworks, progressing to specific steps of risk management, and real-world templates, skills and competencies. The course is designed to equip learners with the knowledge and skills to manage project risks effectively and ensure business success.

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This course provides a comprehensive analysis of project risk management. It begins with foundational concepts and frameworks, progressing to specific steps of risk management, and real-world templates, skills and competencies. The course is designed to equip learners with the knowledge and skills to manage project risks effectively and ensure business success.

This course is ideal for Project Managers, Risk Managers, Business Analysts, Management Consultants, Project Team Members, and Team Leaders who seek to enhance their understanding and proficiency in project risk management.

To make the most out of this course, learners should have a basic understanding of project management, familiarity with business processes, and the ability to analyze and interpret data.

This course is structured to cover some best practices of risk management in a project environment. It will combine the recommendations of leading industry standards such as PMBOK, PRINCE2, and ISO31000 to equip the learners with best-in-class concepts and processes of project risk management.

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What's inside

Syllabus

Project Risk Management
This course provides a comprehensive analysis of project risk management. It begins with foundational concepts and frameworks, progressing to specific steps of risk management, and real-world templates, skills and competencies. The course is designed to equip learners with the knowledge and skills to manage project risks effectively and ensure business success.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Provides a comprehensive overview of project risk management frameworks, principles, and methodologies
Provides an in-depth analysis of foundational concepts and real-world applications of risk management
Provides ample opportunities to practice risk management skills and techniques through interactive exercises and case studies
Suitable for professionals and students seeking to enhance their understanding of project risk management
Taught by industry experts with extensive knowledge and experience in risk management
Provides valuable insights into the identification, assessment, and mitigation of project risks

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Project Risk Management with these activities:
Join a study group focused on risk management
Collaborate with peers to strengthen your understanding of risk management concepts and share best practices.
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  • Identify potential study partners or join existing study groups.
  • Set up regular meetings to discuss course materials and prepare for assessments.
  • Share knowledge, perspectives, and experiences with group members.
  • Provide feedback and support to enhance everyone's learning.
Review ISO 31000
Familiarize yourself with the principles and guidelines of ISO 31000, an international standard for risk management.
Show steps
  • Read the introduction and scope of ISO 31000.
  • Understand the core principles of risk management.
  • Review the risk management process framework.
Find a mentor in risk management
Seek guidance and support from an experienced risk management professional to enhance your learning and career development.
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  • Identify potential mentors through professional networks or industry events.
  • Reach out to mentors and express your interest in learning from them.
  • Set up regular meetings to discuss risk management topics and career advice.
  • Stay engaged and actively seek feedback from your mentor.
Six other activities
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Review PMBOK
Review the PMBOK Guide to brush up on foundational project management concepts before starting the course.
Show steps
  • Read the preface and introduction to get an overview of the PMBOK Guide.
  • Review the ten knowledge areas of project management.
  • Focus on the processes and tools within each knowledge area.
Follow online tutorials on risk management tools
Enhance your practical skills by exploring online tutorials that provide hands-on experience with industry-standard risk management tools.
Show steps
  • Identify online tutorials or courses that cover specific risk management tools.
  • Follow the tutorials step-by-step and practice using the tools.
  • Complete exercises or projects to apply your knowledge.
  • Seek support from the tutorial instructors or online forums if needed.
Identify and analyze project risks
Practice identifying potential risks associated with different types of projects.
Show steps
  • Review project plans and identify potential risks
  • Assess the likelihood and impact of each risk
  • Develop mitigation strategies for each risk
Solve risk management case studies
Enhance your understanding of risk management by working through real-world case studies to identify, analyze, and mitigate risks.
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  • Identify the key risks associated with a case study.
  • Analyze the potential impact and likelihood of each risk.
  • Develop strategies to mitigate or transfer the risks.
  • Evaluate the effectiveness of your risk management strategies.
Attend a project risk management workshop
Expand your knowledge and skills by attending a workshop led by industry experts, focusing on practical applications of risk management in project environments.
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Show steps
  • Research and identify relevant workshops.
  • Register for a workshop that aligns with your learning goals.
  • Actively participate in the workshop and engage with the instructors.
  • Network with other participants to exchange knowledge and experiences.
Create a project risk management plan
Develop a comprehensive risk management plan for a hypothetical project, applying the concepts and frameworks learned in the course.
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Show steps
  • Identify the project scope and objectives.
  • Conduct a risk assessment to identify potential risks.
  • Develop risk mitigation and response strategies.
  • Establish a risk monitoring and control process.
  • Document the risk management plan.

Career center

Learners who complete Project Risk Management will develop knowledge and skills that may be useful to these careers:

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