Managing Project Risks

Risk is a given in any project, and the better you understand how to identify and prepare for it, the more likely you are to minimize your exposure to it.

In this program you’ll learn and practice a systems approach and process for identifying, analyzing, planning, and controlling risk. You’ll also learn how to incorporate your risk management plan into the overall project plan and create options for executives when scheduled completion dates or budget targets are affected.

Risk management involves managing future unknowns to the benefit of the organization. Organizations that are equipped to identify and manage risks proactively are more likely to succeed in today’s competitive, fast-paced, global environment.

• Use a systems approach for identifying, assessing, and managing risks
• Determine the how and when of managing risks
• Use a work breakdown structure (WBS) in the risk management process
• Apply risk identification techniques to your projects
• Integrate risk management into the project plan

• Project managers
• Technical leads
• Project portfolio managers
• Resource managers