Subject

Project Risk Management

How project risk is identified, assessed, and managed -- risk registers, response strategies for threats and opportunities, expected monetary value, risk culture, and integrating risk with schedule and cost contingency.

What this subject covers

Lesson topics

What Is Project Risk? Threats and Opportunities
The Risk Management Process: An Overview
Risk Identification Techniques
The Risk Register: A Living Record of Project Risk
Assessing Risk Likelihood and Impact
The Risk Matrix: Prioritising Risks Visually
Risk Response Strategies for Threats
Risk Response Strategies for Opportunities
Risk Owners and Accountability
Contingency Planning and Fallback Plans
Secondary and Residual Risk
Quantitative Risk Analysis and Expected Monetary Value
Risk Categories and Risk Breakdown Structures
Risk Tolerance and Risk Appetite
Risk Communication with Stakeholders
Risk Monitoring and Regular Risk Reviews
Common Cognitive Biases That Distort Risk Assessment
Building a Risk-Aware Culture: Encouraging Honest Reporting
Insurance and Risk Financing in Projects
Risk Management in Procurement and Contracts
Risk Management for Schedule and Cost: Bringing It Together
Risk Management on Agile and Iterative Projects
Crisis Management: When a Major Risk Materialises
Lessons Learned: Capturing Risk Knowledge for Future Projects
Building a Career Specialism in Project Risk Management

CPD advantage: Completing this subject may qualify for Continuous Professional Development (CPD) points with your professional body — check with them for recognition.

Fees

Course fee K450.00

Assessment fee Included — no extra charge

Total amount to pay K450.00

25 lesson topics · 24 assessment questions · Pass mark: 95%

Remember: you must apply for a minimum of 2 subjects in total.

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