Project Management Practitioner Program - Project Risk Management: On-Demand

Description

This on-demand course is part of the Project Management Practitioner Program that has been designed to provide a general view of the theoretical concepts of traditional project management from a practical perspective presented by LeRoy Ward.

Risk is often thought of as something negative, something that should be avoided. Depending on whether one is a risk seeker or opposed to risk, opinions will often lead to very different results. Within project management, risk is looked at both ways - as a potential problem or a potential opportunity. Regardless, risk always involves something that will occur in the future. Risk is inherent in all projects and will only cause challenges if ignored. Managing risk is important throughout the project life cycle. It is an iterative process that is tailored to specific events in order to protect or enhance project objectives.

This individual module shows how the Project Risk Management includes the processes of conducting risk management planning, identification, analysis, response planning, response implementation, and monitoring risk on a project, as described by PMBOK® Guide - Sixth Edition.

At the end of this program, you will be able to: