Project risk management is an important component of each project, regardless of its type: Waterfall, Agile or Hybrid. It is the risks that help a project manager avoid “extinguishing fires,” bringing a project to a successful conclusion with minimal losses. Our training will help to understand in practice how this tool works and in what cases it should be used. At the Project Risk Management training, we will discuss in detail and practice the skills necessary for successful project risk management.
The training will help you:
- Understand the risk management processes of a project.
- Identify, describe and evaluate project risks.
- Obtain a set of modern tools for managing project risks.
- Minimize unforeseen situations on a project.
- Make risk management on a project a daily tool for working with a team.
- And much more!
Who is the Project Risk Management training useful for:
- Transformation Agents and Leaders
- Project Managers
- Program Managers
- Portfolio Managers
- Scrum Masters
- Tech / Team Leads
- Managers of all levels
- And anyone involved in managing successful teams
- What is Project Risk Management? What value does the risk management bring to a project and team?
- Risk-culture projects.
- Key terms and definitions in project risk management. Project artifacts and terminology required in risk management processes.
- Stakeholders and risks.
- Project risk categories. Prompt list.
- Process risk management map on projects: from the selection of criteria to scenario processing and monitoring.
- Planning risk management: the Risk Breakdown Structure, a Probability and Impact Matrix, a Risk Register, project documentation.
- Risk transfer into contracts with customers, suppliers.
- Risk identification: factors to consider, risk identification tools: an interview, the Delphi method, VUCA, 5 Why, What-if.
- Qualitative and quantitative analysis of project risks: risk description parameters, risk probability, and impact assessment, simulation, sensitivity analysis.
- Planning/implementation of responses to risks: strategy choice, analysis of alternatives, cost/benefit analysis, multiple-criteria decision analysis, decision tree analysis, Ishikawa diagrams.
- Monitoring and visualization of project risks: the Risk Breakdown Structure, reserve analysis, a risk burndown chart, a Scrum/Kanban Board, hierarchical charts.
- Requirement prioritization with regard to risks
- Tools to minimize project risks.
- Discussion of risks at sync-up and retrospective meetings.
- Determining the size of a project risk management system: Tailoring Consideration.