Project Risk Management

by HEC Montréal Executive School Claim Listing

This advanced project management course will introduce you to tools and techniques that will help you navigate the risk management of your project, one step at a time, in accordance with the principles put forward by the Project Management Institute (PMI).

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Course Details

This advanced project management course will introduce you to tools and techniques that will help you navigate the risk management of your project, one step at a time, in accordance with the principles put forward by the Project Management Institute (PMI).

The goal is to help the project manager take a proactive, rather than a reactive, stance when the unexpected happens. Among the additional benefits of implementing risk management best practices are a boost in team morale, extra reassurance for various stakeholders and reduced stress for the project manager.

 

Basic Concepts

  • Understanding risk
  • Understanding the risk management process

Identifying Risks

  • Techniques and tools for identifying risks
  • Key components of each of these risks
  • Exercise/simulation: Identifying project risks

Analyzing Risks

  • Causes of risks and likelihood of their occurrence
  • Analysis of consequences and severity of impact
  • Risk prioritization
  • Exercise/simulation: Analysis and prioritization of project risks

Risk Response Planning Strategies

  • Risk mitigation plan
  • Risk contingency plan
  • Exercise/simulation: Drafting a mitigation plan and contingency plan for a project

Monitoring and Communicating Project Risks

  • Risk log and updates
  • Communication and escalation of risks
  • Montreal Branch

    501 Rue De la Gauchetière O Niveau 7, Montreal

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