Program Outline

Section I. Quantitative Risk Management

• Develop a risk evaluation strategy
• Common sources of project risk
• Creating Ishikawa diagrams to analyze cause and effect relationships
• Utilizing checklists
• Assessing high-level risks to the organization
• Performing probability and impact analyses of identified risk

Section II. Risk Management Plan: Garbage in-Garbage out

• How to plan to mitigate project risk
• Develop a project level risk management plan
• Using your team to identify and document risks that can affect the project
• Perform a qualitative risk analysis
• Develop a model to complete a quantitative risk analysis
• Determine what actions need to be implements to mitigate risk
• Develop a control process to monitor risk

Section III. Risk Response Planning

• Learn how to determine the actions necessary to take to reduce the likelihood of negative effects on the project’s objectives
• Learn how to quantify risk
• Learn how to describe the actions to be taken to mitigate the risk

Section IV. How to build a project plan to avoid risk?

• Developing clear, agreed-upon objectives and timelines with your team
• Understanding the roles, responsibilities and expectations of teams
• The use of project checklists and work sheets
• How to bridge cross-cultural gaps and challenges
• Creating effective communication processes
• Maximizing value while managing risk

Section V. Risk Impact

• Understanding the customer’s needs
• Identifying the customers strategy
• Assessing the customer view of an alliance
• Risk Response Planning
• Implementing risk response strategies

• Accept
• Avoid
• Transfer
• Mitigate
• Exploit
• Share
• Enhance

Section VI. Change Control

• Ensuring there is an effective change control process in place
• Developing a reliable change request and approval process
• Recommendations for corrective action