Project Risk Planning and Identification

Overview/Description
 As a project manager, it's your job to make sure your project is a success. That means you need to know when a risk threatens some aspect of the project. But projects can be long and complex. How do you identify risks that may arise months from now? You'll find the answer to this question in "Project Risk Identification and Planning." This course will teach you how to develop an approach to planning risk management activities and how to identify the risks that might affect your project. This course is aligned with "A Guide to the Project Management Body of Knowledge" (PMBOK ® Guide) 2000 Edition, published by the Project Management Institute (PMI ®).

Target Audience
 This series is specifically targeted at project managers, project team members, functional managers with employees assigned to project teams, project stakeholders, any team manager or member interested in project management, executives committed to their organization's growth, managers required to take on new challenges, and top managers with vision.

Expected Duration
5.0 hours

Lesson Objectives:

Risk Management Planning

  • recognize the benefits of understanding risk management planning.
  • identify the inputs used in planning risk management activities.
  • identify the key components of a risk management plan.
  • effectively pull together information required to develop a risk management plan for a given project.

    • Inputs to Risk Identification

  • identify the benefits of understanding the inputs to risk identification.
  • identify examples of the project planning outputs that should be reviewed prior to risk identification.
  • match the risk categories to examples of their business risks.
  • identify examples of sources of historical information.

    • Tools and Techniques, and Outputs for Risk Identification

  • recognize the value of understanding the tools and techniques and the outputs of risk identification.
  • identify the steps to performing documentation reviews.
  • apply the steps to prepare for a documentation review for a given project.
  • sequence the steps of the interviewing technique used for risk identification.
  • apply the interviewing technique to gather information about project risks, given a scenario.
  • identify the steps to creating a cause-and-effect diagram.
  • choose the appropriate cause-and-effect diagram for a given project risk in a scenario.
  • identify examples of the outputs from risk identification.

    • Course Number: PROJ0491