Project Risk Management Made Simple: A Step-By-Step Guide

Effectively Identify, Analyse, and Mitigate Risks for Project Success by Transforming Your Risk Management Skills

What you'll learn

Understand what Risk Management is

Implement a Risk Management process and template successfully

Teach others how to identify, analyse, respond, monitor and control risks

Learn Real Life examples of Risk management being implemented in projects across the world

Requirements

Basic Project Management Knowledge

Basic Risk Management Knowledge

Description

Are you tired of struggling with project risk management? Do you find yourself bogged down in complex risk analysis and unsure of how to identify and mitigate project risks? Look no further! This comprehensive course is designed to help project managers like you master the art of risk management and ensure project success.Through a series of practical, step-by-step lessons, you'll learn how to effectively identify, analyse, and mitigate project risks, and develop a clear risk management plan. You'll discover the common pitfalls and challenges of risk management, and gain actionable strategies and best practices for simplifying the process and maximizing opportunities.Whether you're a beginner or an experienced project manager, this course will transform your project management skills and equip you with the tools you need to confidently tackle any project, big or small. So what are you waiting for? Enrol today and start mastering project risk management!This course includes the following sections:1. Introduction: The Importance of Risk Management in Project Management2. Identifying Risks: Spotting Risks Before They Turn into Issues3. Analysing Risks: Digging Deeper into Project Risks4. Responding to Risks: Preparing for the Worst - Developing Risk Responses5. Monitoring and Controlling Risks: The Art of Risk Monitoring and Control6. Conclusion + Additional Material: Putting It All Together

Overview

Section 1: Introduction: The Importance of Risk Management in Project Management

Lecture 1 Course Introduction

Lecture 2 Introduction to Risk Management

Lecture 3 What is Risk Management?

Lecture 4 Basic Principles of Risk Management

Lecture 5 The Risk Management Process

Lecture 6 Best Practices and Common Pitfalls

Lecture 7 Real Life Scenarios

Lecture 8 Importance of Risk Management in Project Management

Lecture 9 A Case Study: A Burj Khalifa

Lecture 10 Types of Risks with Examples

Section 2: Identifying Risks: Spotting Risks Before They Turn into Issues

Lecture 11 Identifying Risks Section Introduction

Lecture 12 Overview of Identifying Risks

Lecture 13 Methods and Techniques to Identify Risks with Examples

Lecture 14 Deep Dive: Brainstorming Introduction

Lecture 15 Deep Dive: Brainstorming Process

Lecture 16 Deep Dive: Brainstorming Techniques for Identifying Risks

Lecture 17 Deep Dive: Guidelines for Effective Brainstorming Sessions

Lecture 18 SWOT Analysis and its Application to Risk Identification

Lecture 19 Examples of Using SWOT Analysis for Risk Identification

Lecture 20 Steps for Conducting SWOT Analysis

Lecture 21 Delphi Technique and its Application to Risk Identification

Lecture 22 Examples of the Delphi Technique Being Used to Identify Risks

Lecture 23 Process for Conducting the Delphi Analysis and Guidelines for Results

Lecture 24 Risk Log Fields

Section 3: Analysing Risks: Digging Deeper into Project Risks

Lecture 25 Analysing Risks Section Introduction

Lecture 26 Overview of Analysing Risks

Lecture 27 The Risk Analysis Process

Lecture 28 Techniques to Analyse Risks

Lecture 29 Qualitative Risk Analysis Overview

Lecture 30 Qualitative Risk Analysis Methods and Techniques with Examples

Lecture 31 Quantitative Risk Analysis Overview

Lecture 32 Quantitative Risk Analysis Methods and Techniques with Examples

Lecture 33 Guidelines for Interpreting the Results of Quantitative Risk Analysis

Lecture 34 Impact Probability Matrix Overview

Lecture 35 Impact Probability Matrix Diagram

Lecture 36 The Relationship Between the Impact Probability Matrix and Risk Scoring

Lecture 37 Examples of Using the Impact Probability Matrix

Lecture 38 Process of Using the Impact Probability Matrix

Section 4: Responding to Risks: Preparing for the Worst - Developing Risk Responses

Lecture 39 Responding to Risks Section Introduction

Lecture 40 Responding to Risks Overview

Lecture 41 Examples of Each Risk Response Method

Lecture 42 Risk Response Planning Process

Lecture 43 Risk Response Planning and the Project Management Process

Lecture 44 Examples of Risk Response Plans Being Implemented in Real Life

Lecture 45 Guidelines for Creating Effective Risk Response Plans

Lecture 46 Pros and Cons of Each Response Plan

Lecture 47 Guidelines for Implementing Risk Response Options

Section 5: Monitoring and Controlling Risks: The Art of Risk Monitoring and Control

Lecture 48 Monitoring and Controlling Risks Section Introduction

Lecture 49 Risk Monitoring and Controlling Overview

Lecture 50 Methods and Techniques for Monitoring and Controlling Risks

Lecture 51 Process for Risk Monitoring and Control

Lecture 52 Examples of Risk Monitoring and Control Within the Project Management Process

Lecture 53 Guidelines for Creating Effective Risk Monitoring and Control Plans

Lecture 54 Performance Measurement Techniques for Risk Management with Examples

Lecture 55 Guidelines for Interpreting the Results (Performance Measurement Techniques)

Lecture 56 Managing Residual Risks

Lecture 57 Strategies to Manage Risk and Residual Risk with Examples

Lecture 58 Guidelines for Creating Plans to Manage Residual Risk

Section 6: Conclusion + Additional Material: Putting It All Together

Lecture 59 Conclusion

Lecture 60 Additional Material: Future Developments in Risk Management

Lecture 61 Thank You

Beginner and Experienced Project Managers,Beginner and Experienced Programme Managers,Beginner and Experienced PMO Team Members