Skip to content

Risk Management in Projects training


KnowledgeHut

Summary

Price
£1,000 inc VAT
Or £83.33/mo. for 12 months...
Study method
Onsite
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

Any project comes with its associated risks. An effective manager is one who can mitigate and manage risks while ensuring that the project is executed successfully. Risk management is the process by which managers can effectively identify, assess and prioritize risks and control the probability of undesirable events.

KnowledgeHut brings you a 2-day workshop on Risk Management in Projects that will help you understand the need for risk management, and the processes and practices involved. You will learn in detail about developing a culture of risk management in your organization that will help create a risk aware environment that fosters growth and success. The workshop is intended to be hands-on and experiential and will help you gain the skills needed to be an effective risk manager. In today’s climate of uncertainty, managers and leaders who head projects must have a clear understanding of risks and address them in a way that is complete and sound.

Description

  • Need for Risk Management
  • Risk Management Benefits
  • 6 steps for Risk Management
  • Risk Breakdown Structure
  • Probability and Impact Matrix
  • Decision Tree
  • Risk Response Strategies
  • Developing an Organisational Culture of Risk Management

What you will learn:

  • How risk management helps and the need for risk management
  • The 6 risk management practices that assure project success
  • Risk breakdown structure and how to structure and address risks
  • Probability and Impact matrix to assess risks
  • How to foster organizational culture of risk management

Who is this course for?

This course is apt for project managers, business analysts, quality managers, testers and software developers who want to understand risk management.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.