Project Risk Management Course
Project Risk Management
It is a fact of life that chance events will occur and affect the outcome of your project. Murphy’s Laws codify this“knowledge” If anything can go wrong, it will! Of things that could go wrong, the one that causes the most damage will occur! Project risks are defined as the undesirable event, the chance this event might occur and the consequences of all possible outcomes. Risk management attempts to identify such events, minimize their impact & provide a response if the event is detected. Solid risk management best practices are critical to delivering projects that adhere to timeframes, budgets, and quality requirements. You will learn different approaches to risk management, including how to rank and respond to risk, monitoring and controlling risk, and communicating risks throughout the project
lifecycle. Risk is inevitable. The essence of Project Management is Risk Management!