PROJECT RISK MANAGEMENT 
 
Saturday Classes are available for those who cannot find time during the week.

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The Project Risk Management 

course is aligned to Project Management Body of Knowledge (PMBOK), which is internationally recognised best practice model for Project Managers. It is tailored for the PM Practitioner to address gaps and gain in-depth knowledge of the Project Risk Management Knowledge Area.

The course is made up of two integrated components, namely Knowledge and Practical Skills.

Knowledge refers to theory as opposed to action. This draws on the information learners have obtained throughout their theoretical learning. 

Practical Skills refers to practical tasks or assignments that are the act of engaging in an activity (i.e. action) for the purpose of improving or mastering it. Practical tasks may ask learners to perform, create or develop evidence.

Duration:

3 Days Online Attendance

  • Knowledge - 4 Hours/Day

  • Practical Skills - 1 Hour/Day

  • Breaks - 1 Hour/Day

Time:

09 AM - 03 PM, South Africa Standard Time (SAST)

Enrol Now:

Fees:

R 3 000 Online 

Venue:

Online: Real-time Facilitator-Led Lectures 

For More Information:

Course Description 

Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, response implementation, and monitoring risk on a project. The objectives of project risk management are to increase the probability and impact of positive risks and decrease the probability and impact of negative risks, in order to optimize the chances of project success (PMBOK® Guide).

Course Topics 

  • Plan Risk Management - The process of defining how to conduct risk management activities for a project.

  • Identify Risks - The process of identifying individual project risks as well as sources of overall project risk and documenting their characteristics.

  • Perform Qualitative Risk Analysis - The process of prioritizing individual project risks for further analysis or action by assessing their probability of occurrence and impact as well as other characteristics.

  • Perform Quantitative Risk Analysis - The process of numerically analyzing the combined effect of identified individual project risks and other sources of uncertainty on overall project objectives.

  • Plan Risk Responses - The process of developing options, selecting strategies, and agreeing on actions to address overall project risk exposure, as well as to treat individual project risks.

  • Implement Risk Responses - The process of implementing agreed-upon risk response plans.

  • Monitor Risks - The process of monitoring the implementation of agreed upon risk response plans, tracking identified risks, identifying, and analyzing new risks, and evaluating risk process effectiveness throughout the project.

Entry Requirements:

  • Basic Project Management Experience 

                                    OR

  • Project Management Fundamentals