Managing Project Risk Workshop

PROCEPT ASSOCIATES LTD.
Charlottetown, Fredericton, Ottawa, Toronto, Saint John, Vancouver, Canada

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' This 2-day course explores quantitative and qualitative techniques
to identify and analyze project risk factors (risk event, event
probability, and event impact). A variety of risk response choices
are discussed, and risk identification and risk response are
practiced in workshop groups. Quantitative techniques are
applied to problems, but don’t worry, advanced mathematics is
not used!
PARTICIPANT EVALUATIONS
"Instructor understands and presents the risk management
theories very well"
Chris Gallagher, Project Manager, National Grocers
"Well constructed... covered the topic well...knowledgeable and
enthusiastic... examples relevant and easy to understand...well
done!"
Linda Seymour, PMSC Ltd.
"Instructor’s organization, knowledge of material, and most
importantly sense of humour made a potentially dry topic very
enjoyable and interesting"
Mario Salvagio, Loblaws
"Very good coverage of a too-much neglected area in day-to-day
project management"
Barbara Minious, Walworthy Inc.
LEARNING OBJECTIVES
Participants will gain practical skills to:
�Apply a common framework of project risk management of
the Project Management Institute.
�Value the importance of including risk management in project
planning and execution.
�Facilitate team discussions to identify project risks and
opportunities, and formulate risk responses.
�Use expected monetary value.
�Describe other techniques such as decision trees, Delphi
method, and Monte Carlo simulation, and when they are
applicable.
�Analyze risks and select response strategies appropriate to
priorities and organization risk tolerances.
WHO SHOULD ATTEND
The Managing Project Risk course is suitable/appropriate for
individuals who are:
�Project Managers and team members who already work in a
well established project management environment but wish to
improve their project risk management processes.
�Members of a project team looking to "jump-start" their risk
management on a new and risky project.
PREREQUISITE
�3-day Project Management Essentials (or its equivalent)
v07-1
MATERIALS
You will receive a course binder containing copies of presentation
slides, case studies, templates. exercises, and suggested
solutions.
WHAT YOU WILL LEARN
Introduction
�Risk factors
�Workshop - lessons learned
Risk Management Process
�Risk identification
�Workshop - stakeholders
�Risk classification systems
�Workshop - risk identification
�Risk quantification
�Risk tolerance
�Workshop - risk tolerance
�Risk response development
�Avoidance, mitigation
�Deflection, acceptance
�Contingency in budget
�Contingency in schedule
�Workshop - risk responses
�Risk management plan
Risk Tools
�Facilitative tools
�Video & discussion - groupthink
�Workshop - affinity diagram
�Probability & statistics
�Monte Carlo simulation
�Software demonstration (Risk +)
�Expected monetary value
�Exercise - payoff tables
�Decision trees
�Exercise - decision tree
�Critical path network
�Statistical sums
�Workshop - candidate responses
Wrap-Up
�Exercise �project environments
�Wrap-up ...''

Phone:1-800-261-6861

School Address:

Procept Associates Ltd.
1234 Kingston Rd.
Suite 125
Toronto, ON
M1N 1P3
CANADA



Jobs & Resumes: Charlottetown, Fredericton, Ottawa, Toronto, Saint John, Vancouver
Houses & Roommates: Charlottetown, Fredericton, Ottawa, Toronto, Saint John, Vancouver
Travel Agencies: Ottawa, Toronto, Vancouver

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