| Introduction
Though risk management is based on common sense and is employed to some degree by all project managers, it can be made more effective by usage of formal techniques, methods, and tools.
An Introduction to Risk Management course includes:
- Overview to Risk management
- Risk Identification
- Risk Analysis
- Risk Planning
- Risk Tracking
- Risk Control
- Communication
Course Benefits
This course will enable you to:
- Understand and implement Software Engineering Institute's (SEI) Continuous Risk Management paradigm.
- Describe the tools and methods used for identifying risks.
- Discuss strategies to analyze risks in project development and implementation.
- Understand effective risk mitigation strategies to deliver projects on time, within budget, and with the desired quality.
- Understand the concept of risk tracking.
- Identify control mechanisms used to tackle existing risks and to prevent reoccurrence of risks.
- Describe instruments for effective risk communication.
You receive a certificate of completion after successfully completing this course.
Content Brief
Risk management is the art of identifying, planning, tracking, re-planning, resolving the risks so that the chances of success of the project are increased.
Risk management helps in providing reasonable assurance, not complete control, avoiding surprises, minimizing cost overruns, and enabling better risk prioritization and handling.
A clear understanding of qualitative and quantitative approaches to risk management helps you transition from a "fire fighting" to "proactive decision making" environment. It also helps you understand, manage, and mitigate the risks in project development and implementation.
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