"Failure to actively manage project risk” is one of the most often cited origins of project failure. This course enables project managers to systematically manage the uncertainty that is inherent in every project so they can minimize the threats without undermining the opportunities. Risk management is a fine balance that the best project managers know how to achieve.
Participants will learn a step-by-step process to pinpoint and respond to project risks that happen throughout the project life cycle, from the initial case through implementation. They will also learn to create specific budgets to account for both known and unknown project risks.