Project Lifecycle, Information Sharing, and Risk Management from Coursera

Every project comes with risk. If risk occurs the project team operates in a reactive mode potentially moving towards project failure. As a project manager, you will need to be vigilant and constantly evaluate and mitigate potential risks. In this course, you will learn the compelling art of risk management throughout the project lifecycle while using information sharing techniques to keep all stakeholders informed and aligned.

This course introduces you to different phases in the project lifecycle, and explains the difference in the phases based on the selected project methodology. Additionally, you will have the opportunity to explore best practices for information sharing with project teams and external stakeholders while equipping yourself with effective information sharing techniques.

The course delves into the risk management lifecycle, from planning and identifying risks through to evaluation. You will also learn different strategies to respond to risks. You will learn about various tools, such as risk reports, risk registers, and the risk matrix, and the opportunity to apply your skills to create these artifacts for given project scenarios.

This course is set up to help you succeed as a project manager. It is well-suited for those looking to step up their careers or new graduates seeking to establish their project management careers.

This course is part of a series of courses that will help you prepare for certifications offered by the Project Management Institute (PMI) including Certified Associate of Project Management (PMI-CAPM) and Project Management Professional (PMI-PMP).

RECOMMENDED: It is good for everyone gearing toward a career in Project Management to have basic to intermediate skills in an Office Productivity Suite, such as Microsoft Office 365. We highly recommend enrolling in the SkillUp EdTech Office Productivity Software Specialization, which covers Word Processing, Spreadsheets, PowerPoint, Messaging, and Email.

What's inside

Syllabus

The Project Management Lifecycle

Welcome to Module 1, where we will introduce you to the major topics in the project management lifecycle. In this module, you will learn about available certification opportunities, explore the significance of the project management lifecycle, and discuss the common lifecycles used. You will also learn about the importance and components of various documents and processes project managers use and the responsibilities in each phase of the project lifecycle.

Information Sharing: Communications

Welcome to Module 2 Information Sharing: Communications, where we will cover various topics to help you understand the importance of effective communication in project management. In this module, you will learn about various technology factors that can impact effective communications and the different communication methods project managers use. You will learn a three-step approach to managing communications and various communication management planning techniques and activities essential to project success. You will also learn the importance of active listening, effective conflict management, and communication monitoring responsibilities.

Information Sharing: Stakeholder Management

Welcome to Module 3, where we dive into the information sharing: stakeholder management process. This module provides an in-depth understanding of stakeholder management and the importance of managing stakeholders throughout the project. In this module, you will explore the purpose of creating a stakeholder register and stakeholder engagement plan. You will look at project managers' tools and steps to identify stakeholders and gain their commitment and support. You will learn the importance of managing stakeholders throughout the project and why stakeholder commitment levels may become reduced, and the benefits of setting ground rules and norms. A team charter is also an essential aspect of stakeholder management, and we will discuss its contents and significance in this module.

Introduction to Project Risk Management

Welcome to Module 4, where we focus on project risk management, covering the need for effective risk management and the roles and responsibilities involved. In this module, you will discover how to define risk and uncertainty in projects, including how to differentiate between opportunities and threats. You will learn how to model risk metalanguage to document risks, distinguish between cause, event, and impact, the importance of SWOT analysis, and risk management plans. You will also learn about challenges in implementing a risk program, qualitative risk analysis, and risk exposure and score concepts.

Respond and Monitor Risk

Welcome to Module 5, which focuses on risk response planning and management. In this course, you will learn various types of responses to threats and opportunities, as well as the importance of identifying risk triggers, developing a solid risk report, and using common risk management tools. You will also learn the value of using a risk matrix to share risks with stakeholders, implementing timely risk responses, conducting risk audits, and how to ensure timely risk reassessments and critical success factors to keep in mind during the process.

Final Project and Quiz

In this module, you will complete a final exam that tests your knowledge of the course’s content. The exam will include questions on topics including but not limited to project lifecycles, communication effectiveness with internal and external stakeholders, and risk management concepts. You will also have the opportunity to demonstrate your skills in project management, information sharing, and risk management through a peer-graded final project.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Tailored towards individuals seeking career advancements and fresh graduates aiming to establish their professional paths in project management

Prepares learners for certifications offered by the Project Management Institute (PMI), including Certified Associate of Project Management (PMI-CAPM) and Project Management Professional (PMI-PMP)

Covers the project management lifecycle, various phases, and industry best practices for information sharing with project teams and external stakeholders

Introduces learners to the risk management lifecycle, including planning, identifying, evaluating, and mitigating risks as well as response strategies

Emphasizes the importance of information sharing techniques in keeping stakeholders informed and aligned throughout the project lifecycle

Instructed by Skill-Up EdTech Team to ensure high-quality learning experience

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 Lifecycle, Information Sharing, and Risk Management with these activities:

Read 'The Art of Project Management'

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Expand your understanding of project management by exploring real-world insights and practical tips from industry experts.

View Making Things Happen: Mastering Project... on Amazon

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Read the book thoroughly, taking notes on key concepts.
Identify and summarize the author's main arguments and perspectives.
Reflect on how the book's insights can enhance your own project management approach.

Explore Project Management Software

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Gain proficiency in project management tools by exploring tutorials on industry-standard software, enhancing your efficiency and organization.

Browse courses on Project Management Software

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Research and select a project management software.
Locate tutorials for the chosen software.
Follow the tutorials to learn key features and functionalities.

Read 'A Guide to the Project Management Body of Knowledge'

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Build a solid foundation by reviewing the principles outlined in the Project Management Body of Knowledge to grasp the fundamentals of project management.

View Risk Management in Portfolios, Programs, and... on Amazon

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Skim through the table of contents and identify relevant chapters.
Read selected chapters thoroughly, taking notes on key concepts.
Summarize the main ideas and principles of each chapter.

Three other activities

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Utilize PMI's Practice Exam Questions

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Enhance your understanding of project management concepts by engaging with practice exam questions and gauging your knowledge retention.

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Access PMI's practice exam questions online.
Attempt the practice questions under timed conditions.
Review your answers and identify areas for improvement.

Develop a Communication Plan

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Enhance your communication skills by crafting a comprehensive plan that outlines communication channels, target audiences, and message strategies.

Browse courses on Communication Plan

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Identify stakeholders and their communication needs.
Determine appropriate communication channels and methods.
Develop a messaging strategy and tone of voice.
Document the communication plan.

Design a Risk Management Plan

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Solidify your understanding of risk management by creating a comprehensive plan that outlines potential risks and mitigation strategies.

Browse courses on Risk Management Plan

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Identify potential risks associated with a project.
Analyze and prioritize the identified risks.
Develop mitigation strategies for each risk.
Document the risk management plan.

Career center

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

Project Manager

As a Project Manager, you will be responsible for planning, executing, and closing projects. This course will help you develop the skills you need to succeed in this role, including project management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage project teams. This course is aligned with the Project Management Body of Knowledge (PMBOK) and can help you prepare for the Project Management Professional (PMP) certification.

See salaries and explore the career path for Project Manager

Information Technology Project Manager

As an Information Technology (IT) Project Manager, you will be responsible for planning, executing, and closing IT projects. This course will help you develop the skills you need to succeed in this role, including project management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage IT project teams. This course is aligned with the Project Management Body of Knowledge (PMBOK) and can help you prepare for the Project Management Professional (PMP) certification.

See salaries and explore the career path for Information Technology Project Manager

Program Manager

As a Program Manager, you will be responsible for planning, executing, and closing programs. This course will help you develop the skills you need to succeed in this role, including project management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage program teams. This course is aligned with the Project Management Body of Knowledge (PMBOK) and can help you prepare for the Program Management Professional (PgMP) certification.

See salaries and explore the career path for Program Manager

Risk Manager

As a Risk Manager, you will be responsible for identifying, assessing, and mitigating risks. This course will help you develop the skills you need to succeed in this role, including risk management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage risk teams. This course is aligned with the Project Management Body of Knowledge (PMBOK) and can help you prepare for the Risk Management Professional (RMP) certification.

See salaries and explore the career path for Risk Manager

Portfolio Manager

As a Portfolio Manager, you will be responsible for planning, executing, and closing portfolios. This course will help you develop the skills you need to succeed in this role, including project management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage portfolio teams. This course is aligned with the Project Management Body of Knowledge (PMBOK) and can help you prepare for the Portfolio Management Professional (PfMP) certification.

See salaries and explore the career path for Portfolio Manager

Business Analyst

As a Business Analyst, you will be responsible for analyzing business processes and identifying opportunities for improvement. This course will help you develop the skills you need to succeed in this role, including information sharing and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage business analysis teams.

See salaries and explore the career path for Business Analyst

Systems Analyst

As a Systems Analyst, you will be responsible for designing and implementing computer systems. This course will help you develop the skills you need to succeed in this role, including information sharing and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage systems analysis teams.

See salaries and explore the career path for Systems Analyst

Information Security Manager

As an Information Security Manager, you will be responsible for protecting an organization's information assets. This course will help you develop the skills you need to succeed in this role, including information sharing and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage information security teams. This course is aligned with the Certified Information Systems Security Professional (CISSP) certification.

See salaries and explore the career path for Information Security Manager

Change Manager

As a Change Manager, you will be responsible for managing change within an organization. This course will help you develop the skills you need to succeed in this role, including information sharing and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage change teams.

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Knowledge Manager

As a Knowledge Manager, you will be responsible for managing an organization's knowledge assets. This course will help you develop the skills you need to succeed in this role, including information sharing and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage knowledge management teams.

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Communications Manager

As a Communications Manager, you will be responsible for developing and implementing communication strategies. This course will help you develop the skills you need to succeed in this role, including information sharing and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage communications teams.

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Risk Assessor

As a Risk Assessor, you will be responsible for identifying and assessing risks. This course will help you develop the skills you need to succeed in this role, including risk management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage risk teams.

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Project Coordinator

As a Project Coordinator, you will be responsible for supporting project managers. This course will help you develop the skills you need to succeed in this role, including project management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage project teams.

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Project Scheduler

As a Project Scheduler, you will be responsible for developing and maintaining project schedules. This course will help you develop the skills you need to succeed in this role, including project management lifecycle, information sharing, and risk management. You will learn how to identify and mitigate risks, communicate effectively with stakeholders, and manage project teams.

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Quality Assurance Manager

As a Quality Assurance Manager, you will be responsible for ensuring the quality of products and services. This course may be useful for you, as it will help you develop the skills you need to identify and mitigate risks, communicate effectively with stakeholders, and manage quality assurance teams.

See salaries and explore the career path for Quality Assurance Manager