Real-time Strategies for Identifying and Mitigating Project Risk

Every project is risk-prone and risk complexity and treatment vary from project to project. Risk management is an iterative process and this course will teach you how to approach it proactively to eliminate or reduce the impact risks may have.

There is not a single project nor a single industry that is risk-free. This course, Real-time Strategies for Identifying and Mitigating Project Risk, will help you learn how to approach the risk management process proactively. First, you will discover that risk management is an iterative process. Next, you will learn how to evaluate risks, create a probability and impact matrix, and set priorities for each evaluated risk. Finally, you will determine the way to come up with a plan B and define the contingency budget. When you are finished with this course, you will have a foundational knowledge of the risk management process and its influence on the project/product development.

Topics:

• Course Overview
• Identifying Risks
• Evaluating Risks
• Creating Risk Mitigation Plan
• Contingency Planning
• Course Wrap Up