Risks can be forecasted and assessed before they actually occur and affect your project delivery. This training can help you to gauge the risks and to minimize their impact. It helps in the ability to prioritize, manage and respond to the risks effectively. It also focuses on providing templates required for risk register, risk analysis, etc.
The topics covered under this training / workshop are
- Introduction to Projects & Operations
- Projects, Programs & Portfolios
- Projects & Operations
- Project Types
- Process Groups
- Knowledge Areas
- Understanding Triple Constraints & Managing Risks & Changes
- Scope Management
- Schedule Management
- Cost Management
- Change Management
- Risk Management Concepts (Enterprise, Project & Operations)
- Risk Classification
- Nature of Risk
- Risk Management Plan
- Benefits of Risk Management
- Responsibilities in Risk Management
- Risk Event Life Cycle
- Characteristics of Risk Events
- Uncertainties Breakdown structure (UBS) – a new Concept
- Hierarchy of Risks
- Relationship between Decision-making and Information
- Risk Culture
- Types of Risk Organisations
- Identifying Risks
- Risk Identification Tools & Techniques
- Risk Mindset
- Specification of Risk Event Statement
- External and Internal Risks
- Analyzing Risks
- Risk Analysis & Guidelines
- Qualitative Risk
- P/I Matrix & Score
- Probability Analysis
- Expert Judgment
- Impact Analysis – Life Cycle Costing
- Decision Tree
- Monte Carlo Simulation
- Critical Path Standard Deviation
- Risk Prioritization Methods
- Plan Risk Responses
- Response Strategy Guidelines
- Mitigation / Deflection Quantifying
- Contingency/ Management Reserves
- Planning Alternatives Risk Responses
- Risk Response Center
- Definition like Windfall / Work around
- Executive Risk Strategy
- Establish Early Warning System
- Assign Responsibility
- Implementing Contingency Plan
- Plan Risk Responses
- Executing the Risk Management Plan (RMP)
- Risk Response Control Overview
- Execute Risk Strategy
- Establish Early Warning System
- Assign Responsibility
- Implementing Contingency Plans
- Communication during Risk Control
- Evaluate Results
- Benefits of Risk Documentation Contingency
- Final Risk Assessment
- Lessons Learnt data for future benefit
- Update Risk Assessment
- Evaluate Results of Corrective Actions
- Benefits of Risk Documentation
- Integrated Risk Reports
Key takeaways from this training / workshop are
- Risk management concepts at enterprise level
- Risks for your Projects / Operations
- Benefits of Risk identification at the earlier stage
- Hierarchy and risk culture
- Risk probability / Impact analysis
- Risk Response strategies
- Real life examples from failed projects
The target audience for this training / workshop includes:
- Project Manager
- Delivery Manager
- Functional Managers
- Line Managers
- Delivery Managers
- Program Manager
- Business Analysts
