Project Management
Titlu curs: Risk Response, Monitor, and Control
- Description: Life is filled with uncertainties, and these uncertainties can affect our decisions and outcomes. Whenever decisions are made without prior knowledge or experience there is always a chance of risk. When dealing with projects, it is the project manager's job to assess and control risks, avert or minimize its adverse effects, and to capitalize on potential opportunities over the life of a project. In this course, the last two processes in the Project Risk Management knowledge area – Plan Risk Responses and Monitor and Control Risks – will be introduced. Specifically, the learner will be introduced to strategies for handling both negative and positive risk, and how to monitor and control these risks. This course will also cover all the necessary project documents and plans that require updates as these processes are performed. This course is aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fourth Edition, published by the Project Management Institute (PMI®), Inc., 2008. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.
- Target audience: Existing project managers wishing to get certified in recognition of their skills and experience, or others who wish to train to become accredited project managers
- Estimated Duration: 2.0 h
- Lesson Objectives: Risk Response, Monitor, and Control
• match the inputs to planning risk responses with examples of the information they provide
• identify best practice tips for effective risk response planning
• match techniques for dealing with negative risks with examples
• match techniques for dealing with positive risks with examples
• calculate the contingency reserve for a given set of risks
• recognize an example of using a contingent response strategy
• match outputs of planning risk responses with examples
• match the inputs to planning risk responses with examples of the information they provide
• recognize examples of the techniques for monitoring and controlling risk
• recognize examples of outputs from risk monitoring and control
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