“I have been a PM for 18 years and found this course to be deeply insightful. Risk management is the essence of project success.” – S. Carter
This course provides a consolidated subset of the Deeply Practical Project Management course focusing on the essentials of risk management, in 40 minutes.
Risk management makes all of the rest of project management work, because when you have extra time and money you can turn the project into a game of trying not to use it all up.
The course starts by describing the difference between risks and issues, and how to allocate the risk budget for small projects. It then walks through the six steps of the professional risk planning process, from identification to response planning. The optimal way to allocate the risk budget with critical chain planning is explained.
Then the course describes the essentials of balancing the threat risks by planning on management of upside – the opportunities.
Finally the essentials of managing the risk budget once underway are described, including advice on how to defend your budget when under pressure to give some up.
“I have been a PM for 18 years and found this course to be deeply insightful. Risk management is the essence of project success.” – S. Carter
This course provides a consolidated subset of the Deeply Practical Project Management course focusing on the essentials of risk management, in 40 minutes.
Risk management makes all of the rest of project management work, because when you have extra time and money you can turn the project into a game of trying not to use it all up.
The course starts by describing the difference between risks and issues, and how to allocate the risk budget for small projects. It then walks through the six steps of the professional risk planning process, from identification to response planning. The optimal way to allocate the risk budget with critical chain planning is explained.
Then the course describes the essentials of balancing the threat risks by planning on management of upside – the opportunities.
Finally the essentials of managing the risk budget once underway are described, including advice on how to defend your budget when under pressure to give some up.
Curriculum
- 3 Sections
- 15 Lessons
- Lifetime
- Risk PlanningThe definition of project risks, the six steps of the formal risk management process, how to baseline your risk register, and how to allocate the risk budget.12
- Opportunity PlanningBalancing the threat risks by planning for management of opportunities.2
- Managing RiskHow to status and manage the risks, update the risk register and reporting, and protect the risk budget when you are under pressure to reduce it.1