Intended For - Delegates who wish to develop a Structured Method for the Management of Risk in terms of the Risk Analysis and Risk Management processes

Course Duration - 2 Days

Prerequisites - None; although exposure to a project environment would be of benefit

Objectives

To understand the overall Management of Risk Process

To be able to apply a variety of techniques to determine and quantify potential risks

To be able to develop alternative solutions and use a variety of techniques to determine which one(s) to implement

To understand the importance of planning and implementing identified actions

Topics Covered

  • What is 'Risk'

  • Positive Risk taking

  • The Business Case

  • Business Risks versus project Risk

  • The 'Management of Risk' model

  • The steps in Risk analysis

 

  • Numeric versus discrete levels when estimating risks

  • Evaluating Risks

  • The steps in Risk management

  • Risk response and action planning

  • Risk assessment methods (advanced)

  • The people side of Risk

  • Putting it into practice

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