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Project Risk Management training aims to explain the importance of identifying, assessing and planning risk response strategies in order to deliver project and its deliverables successfully and within planned time, budget and scope. During the training we will focus on the PMI methodology and risk definition along with tools and methods used in risk management.
Risk Management Objectives
Definition, Risk types (Opportunities vs Threats) and components, Purpose of Risk Management
Risk Identification Methods - Risk Identification Workshops, Project Documentation analysis, SWOT analysis, Ishikawa diagram, Risk Breakdown Structure, Assumptions and Constraints analysis
Risk Parameters - Impact, Probability, Urgency and more, Qualitative Risk Assessment, Quantitative Risk Assessment
Risk Response Strategies
Risk Response strategies - Escalate, Avoid, Accept, Enhance and more, Risk response implementation, Residual Risk, Contingency Plan, Risk Triggers