Risk Management
About This Course
In this Risk Management course, you’ll work through a proactive approach to threat and opportunity, based on a solid understanding of the effectiveness of both qualitative and quantitative risk management methodologies. Using effective methods, risk management assesses threats and opportunities from the top-down and bottom-up.
You’ll learn how to assess and manage risk at the project and task levels. By utilizing these tools, you will leave the course with new practices to implement in your environment as well as new insights on the implications and benefits.
Learning Objectives
To manage project risk,
Determine the relative importance of threats and opportunities in your project.
Use concise ways to handle multiple risks.
Overcome risk-related psychological obstacles in stakeholders and team members.
Make risk and opportunity integral components of your next project plan,
Requirements
- For a smooth learning experience (Online Courses), participants must have basic computer skills and a computer with a reliable Internet connection and speakers.
- Participants are expected to have a basic knowledge of procurement practices in the public or private sector and a solid command of the English language.
Target Audience
- Risk management practitioners
- Executives and Heads of Departments
- Anyone new to risk or wishing to enter the risk profession.
Curriculum
Section One: Introduction To Risk
Definition and Characteristics of “Risk”
Elements and Factors of Risk
Event (Future Occurrence)
Probability (Uncertainty)
Impact (Amount at Stake)
Types of Risk
Components of Risk Management
Identification
Quantification
Response Development
Response Control
Section Two: Analysis Fundamentals
Section Three: Risk Response Planning
Section Four: Risk Management Planning And Risk Identification
Section Five: Risk Analysis And Prioritization
Section Six: Execution Evaluation And Update
Free
Material Includes
- Delegates who successfully complete this training course will be awarded a LEEX Certificate of Completion.
