No Risk - No Run: Project Risk Management

Master your risks. This course focuses on risk management and the in depth analysis and possible impact of risks on schedule, cost and scope. See, how risks affect your company's programs and portfolios – and why project risks are related to strategic business risks. Learn how to use and interpret the three point analysis using the Project Evaluation and Review Technique (PERT). 

Use this course as part of your preparation for the PMI® Risk Management Professional Certificate.

Your Benefits

• Learn about advanced risk analysis and how to perform it 
• Gain methods and processes for risk analysis and mitigation strategies 
• Compose your risk management plan  
• Set up your risk management matrix and learn methods for evaluating your risks 
• Track your risks and learn how to respond to occurring risks 
• Learn how to let your project team participate in the whole risk identification & analysis process 
• Receive lots practical hints from our experts out of our own Best Practices

Course Outline

• Introduction to risk management
• Risk management standards
• Project risk and strategic business risk descriptions
• Global risk management compliance
• Performing a quantitative project risk analysis
• Performing a qualitative project risk analysis
• Schedule risk analysis theory
• Using three-point estimates
• Using alternate distributions
• Understanding the risk analysis results
• Probabilistic events
• Criticality, sensitivity, and crucial events
• Interpreting the analysis results
• Integrated cost and time risk analysis
• Integration with software tools
• Measuring and defining correlation