Planning Risk Management (PMBOK(R) Guide Sixth Edition)

DATE

Duration

LOCATION

FEES

Book Now

7 Jan
- 11 Jan 2024

5 Days

Dubai

$2,150

8 Sep
- 12 Sep 2024

5 Days

Dubai

$2,150

24 Jun
- 28 Jun 2024

5 Days

Virtual Online

$1,550

8 Dec
- 12 Dec 2024

5 Days

Virtual Online

$1,550

Managing risks means preparing early for all the things that could happen, good or bad. Managing projects with an efficient project risk management plan increases the odds of success, as the project is less likely to be derailed. This training will aid you in planning risk management. This course covers the process of planning risk management for a project. This course is designed help learners meet continuing education requirements for Project Management Institute (PMI) credential holders. By completing this course, learners can obtain Professional Development Units for maintaining their PMI certifications.

By the end of the course, you‘ll be able to:

  • Define what is meant by project risk
  • Recognize examples of project risk
  • Identify three factors about a risk you need to determine in order to reduce uncertainty
  • Recognize examples of common risk responses
  • Match the inputs to planning risk management with the information they provide
  • Identify the tools and techniques used for the Plan Risk Management process
  • Identify sections you should include in a risk management plan
  • Match elements of the risk management plan with examples
  • Distinguish between the three risk ratings in an ordinal scale

This course is made for

  • Project Managers
  • Business & System Analysts
  • Consultants and contractors
  • Enterprise Risk Managers
  • Compliance officers
  • Business Excellence officer
  • Brand manager
  • Sales and Marketing managers

Day One 

Risk Strategy

  • Risk Assessment Processes
  • Risk Policies and Procedures
  • Develop Risk Strategy
  • Creating Risk Management Plan
  • Establish Evaluation Criteria for Risk Management Processes

Day Two

Stakeholder Engagement

  • Common Understanding of the Value of Risk Management
  • Risk Principles and Processes
  • Implementing Risk Processes
  • Identify Stakeholder Risk Attitudes
  • Risk Prioritization Process
  • Risk Process Facilitation and Risk Reporting
  • Roles and Responsibilities of Stakeholder
  • Effective Communication Techniques

Day Three

Risk Process Facilitation

  • Determine Risk Levels
  • Determine the Risk Exposure of the Project
  • Development of an Aligned Risk Response Strategy
  • Project Contingency Reserve
  • Cost and Schedule Analysis
  • Enhance the Likelihood of Project Success

Day Four 

Risk Monitoring And Reporting

  • Techniques to Maintain Project Risk Information
  • Integrating Risk Management
  • Risk Related Metrics
  • Monitoring Risk Metrics
  • Analyse Risk Process Using Risk Metrics
  • Internal and External Inputs in Risk management
  • Risk Audits and Risk Process Reports

Day Five

Perform Risk Analysis

  • Evaluate the Attributes of Identify Risks
  • Analyzing Risk Data Using Statistical Analysis
  • Advanced Tools for Risk Analysis

N.B: Exam fees are not included

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