Risk Management

Categories: Project Management
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About Course

About this course

Risk can be hard to spot. And, if you’re hit by a consequence that you hadn’t planned for, costs, time, and reputations could be on the line. Every project involves risks and every project needs to have a management strategy for dealing with the threats and opportunities represented by each risk.

This course explains the key issues and concepts involved in effective risk management. The course defines and examines types of risk, with a focus on understanding the process of risk identification, assessment, prevention, insurance, mitigation, and recovery.

In this course, you will learn the most important skills and most applicable tools of successful Risk Management in a fast and efficient way.

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What Will You Learn?

  • Essential risk identification strategies
  • Assessing and addressing risks with effective action plans
  • Evaluating risk responses and preventing risks in the future

About the instructor

Course Curriculum

1. Introduction

  • Welcome to Risk Management!

2. Threats and Opportunities

  • Threats and Opportunities

3. Identify Risks

  • Identification Methods
  • Risk Register
  • Risk Breakdown Structure

4. Analyse & Evaluate Risks

  • Risk Estimation
  • Risk Matrix
  • Sensitivity Analysis
  • Monte Carlo Analysis

5. Treat Risks

  • Dealing with Threats
  • Dealing with Opportunities

6. Monitor & Review Risks

  • Continuous Improvement
  • Communication

7. Conclusion

  • Conclusion

Risk Management – Exam

  • course quiz!