      
Subscribe to our
FREE ezine. Entering your email address and click subscribe.
More
Information
HIL Public Course Schedule
Follow Stephen's blog
|
| Introduction: |
As a manager you endeavour to create an ordered path through the chaos of a fast-paced, constantly changing environment to achieve business success. You are expected to understand business objectives, develop and implement plans, measure progress against time, cost and business requirements, while balancing priorities among different and potentially conflicting stakeholder groups. Identifying, analysing, and appropriately responding to risk in a proactive fashion, rather than waiting for the overwhelming avalanche of issues, is an essential skill of the professionally competent manager. This course is for you, providing a practical approach to managing risk and detailing and implementing an effective risk management plan. |
| Expected
Outcomes: |
By taking this course you will be able to:
- se appropriate tools to identify, analyse risks, and establish response plans.
- analyse stakeholders and how their needs, expectations and relationship to the project organisation affect the risks faced on the project
- develop strategies for responding to risk events
establish procedures for effectively monitoring and controlling risk
- determine and use reserves, and include them in the budget
- understand the use of contracts for managing certain types of risk
|
| Who will benefit? |
You are involved in deciding business strategies and activities, managing projects, or otherwise responsible for delivering results within an organisation, (e.g. CEO, CFO, project sponsor or project manager).
|
| Syllabus: |
Risk Management Planning
-
Key concepts
-
Components of a risk management
plan
-
Relationship of risk management
to the project life cycle
-
Organisational impact of good/bad
risk assessment
Risk Identification
-
Opportunities and threats
-
Categories, sources and types
of risk
-
Information gathering techniques
-
Identification tools
and process
Analysis
-
Quantitative and qualitative
tools and techniques
-
Financial tools
-
Filtering and Prioritising
risks
|
Response Development
-
Response strategies
-
Use of contracts to manage
risk
-
Use of reserves
-
Developing a response strategy
Risk Monitoring and Control
-
Tools and process for
monitoring and control
-
Managing issues - materialised
events
-
Maintenance of the risk management
plan
-
Reassessing risk
-
RM as a team activity
|
| Relevant Standards: |
The course is aligned with the following standards and guides:
- A Guide to the Project Management Body of Knowledge. Pennsylvania, USA: Project Management Institute (Fourth Edition). (2008).
- AS/NZS ISO 31000:2009 Risk Management - Principles and Guidelines. Australia & New Zealand: Standards Australia. (2009).
- HB 141:2011 Risk Financing Guidelines. Australia & New Zealand: Standards Australia/Standards New Zealand. (2011).
- HB 327:2010 Communicating and Consulting About Risk. Australia & New Zealand: Standards Australia/Standards New Zealand. (2010).
- Practice Standard for Project Risk Management. Pennsylvania, USA: Project Management Institute. (2009).
|
| Duration: |
|
| “PMI®”
is a trade and service mark registered in the United States and other
nations; “PMP” is a registered certification mark in the
United States and other nations; and “PMBOK” is a trademark
of Project Management Institute, Inc. |
|
