Summary
This two day workshop covers the fundamentals of Project Risk Analysis and Management, providing project teams with a sound set of tools and techniques for evaluation of, and response to, the risks facing their project.
Who's it for?
This workshop is designed for all staff involved in project work, particularly those who have roles requiring the identification and management of project risks.
Objectives and Outline
This workshop will help Project and Programme Managers, and their teams, identify, evaluate and plan risk responses, and to recognise the link between risks and the overall project cost and schedule baselines. The workshop will cover both qualitative and quantitative risk evaluation.
At the end of the workshop, delegates will:
Understand the components of risk, and how they can be evaluated
Understand the sources of project risk
Make objective predictions about the effect of quantified risks on future cost and schedule
Be able to run effective project risk workshops
Be able to report objectively to management on the risks and the project team's responses
Tools and techniques covered will include
Risk Identification and sources of risk
Risk estimation
Prioritising risk
Risk Ownership
Risk Policy and Escalation
Risk effects on cost, schedule, quality and value
Risk Response Planning
The workshop can be run using fictional case study material, or as though it were a genuine risk workshop for the project team, with practical exercises interspersed with lecture-led discussion about the tools and techniques involved.
