Overview
Risk management is concerned with predicting future events and their outcomes and alleviate them, thus preventing crisis. Effective risk management can help improve the chances of a project to succeed. Assessing risks in a project can help make better decisions and factoring risks in development of plans can make more realistic plans that can be achieved.
Projects being more risky propositions (as compared to operations), risk management becomes essential to complete projects on time and within budget.
Benefits
The webinar will help the participants:
- Learn how to write clear Risk statements
- Learn concrete techniques to conduct risk management in projects
- Learn to calculate Contingency reserve/Risk budget
- Understand the complete risk management life cycle
Webinar Outline
The webinar would cover the following main areas:
- What is a Risk?
- Definition
- Types of risk
- Describing a risk - cause, event & effect
- Planning Risk Management
- Identify Risks - commonly used techniques
- Prioritizing Risks - based on probability & impact
- Quantification of risks
- Response types - Avoid, Transfer, Mitigate
- Monitoring risks
Audience
This webinar would be useful for:
- Project Managers
- Project Leaders
- Project Coordinators
- Team Leaders
- Anyone into Project Management
The webinar is industry generic and professionals from any industry can join
Pre-requisites:
- Some exposure to Project Management in general
Suggested Pre-Readings: