Project Risk and Issue Management

Manage project risks like a pro. Resolve stakeholder issues better and faster. Earn 8 PDU’s in the technical track of the PMI Talent Triangle®.

SKU: CBPRIM201801-1 Category: Tag:

Description

One of the biggest challenge to any project is managing the risks and issues that are inherent in them. This one-day course helps you prepare for risks and issues and makes you capable of managing them appropriately. Based on the Practice Standard for Project Risk Management® and the A Guide to the Project Management Body of Knowledge (PMBOK® Guide) 6th Edition, you will learn how to properly deal with uncertainties in your project. This course is filled with hands-on activities that will help you put theory into practice. Be better prepared and manage your projects like a pro.

For PMI® certified professionals, earn 8 PDU’s on the TECHNICAL track of the PMI Talent Triangle®. Meet your PDU requirements with us!

At the end of this course, the participant should be able to:

  • Describe what is a project risk and issue and be able to properly identify them
  • Perform Risk Analysis
  • Perform Risk Response Planning
  • Manage stakeholders and project issues using an issue log

Course Outline for Project Risk and Issue Management

  • Introduction on Project Risk Management
    • What is a Risk
    • Individual Risks and Overall Project Risk
    • Stakeholder Risk Attitudes
    • Iterative Process
    • Communication
    • Responsibility for Project Risk Management
    • Project Managers Role in Project Risk Management
  • Project Risk Management Process and Plan
    • Project Risk Management Process
    • Risk Management Plan
  • Project Risk Identification
    • Sources of Risks
    • Techniques in identifying Risks
    • The Risk Register
    • ACTIVITY: Risk Identification
  • Risk Analysis
    • Qualitative Risk Analysis
    • The Probability Impact Matrix
    • Bubble Charts
    • Risk Categorization
    • Quantitative Risk Analysis
    • Tornado Diagram
    • Decision Tree Analysis
    • ACTIVITY: Risk Analysis
  • Risk Response Planning
    • Strategies for Threats
    • Strategies for Opportunities
    • Contingent Response Strategies
    • Strategies for Overall Project Risk
    • ACTIVITY: Risk Response Planning
  • Risks in Project Execution
    • Implementing Risk Responses
    • Monitoring Project Risks
  • Issue Management
    • What is Issue Management
    • The Issue Log
    • Issue Management as a means to manage stakeholders
    • ACTIVITY: Managing Project Issues

Who should attend

  • Project Managers
  • Project Leaders and Team Leaders
  • Project Directors and Executives
  • Risk Managers
  • PMI certified professionals who would want to earn their PDU’s in the technical track
  • Anyone who would like to learn about how risk management and issue management is done in projects

Course Fee is inclusive of AM/PM snacks, lunch, access to the xworks learning management system, digital course materials, and course certificates.

PMI, PMP, PMI Talent Triangle, Practice Standard in Project Risk Management, and PMBOK are registered marks of the Project Management Institute, Inc.

Training Schedule

Project Risk and Issue Management (Batch 191)

Project Risk and Issue Management (Batch 192)

Project Risk and Issue Management (Batch 193)

Additional information

Duration

1 day

Experience Level

Master

Min Participants

10

Max Participants

20

Prerequisites

None

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