Project Risk and Procurement Management
Overview/Description
This course equips the learner with the information to successfully respond to risks associated with managing a complex project, as well as to find and acquire those goods and services needed for the project that are not available within the organization.
Target
Audience
Experienced project managers, managers of other project managers, functional managers with employees assigned to project teams, educators teaching project management theory and practice, and those wishing to prepare for the Project Management Institute's Project Management Certification examination
Expected
Duration
1.5 hours
Lesson
Objectives:
Project Risk Management
recognize the critical importance of risk management when managing complex projects.
select the key components of risk identification.
match the five tools and techniques of risk quantification with their expected project outcomes.
match the outputs from risk response development with their expected project outcomes.
identify the key components of risk response control.
Project Procurement Management
recognize the benefits of project procurement planning and execution.
select the key components of procurement planning.
identify the key components of project procurement solicitation.
match the tools and techniques of source selection with their expected project outcomes.
identify the key elements of successful project contract administration and closeout.
Case Studies
recognize the benefit of applying information to practical project situations.
select the best practices of project risk identification.
select the best practices of risk quantification.
choose the best practices of project procurement planning.
select the best practices of contract administration.
Course Number: PROJ0115