Course Details

Applied Project Risk Management Course

Price

R7,999.00

Difficulty

4

Effort

3

Collaboration

8

The Applied Project Risk Management (APRM) course is an introductory level course that gives participants a thorough overview of project risk management best practices and teaches hands-on project risk management techniques. The knowledge and skills gained on the course can be applied in any project environment, as the course is not industry specific. The aim of the course is to teach participants to proactively identify, define, and qualify risks, and plan and execute appropriate risk response strategies and plans.

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PRICE

R7,999.00

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Course Duration

This online-based course runs over 5 weeks. There are 6 x 2hour virtual contact sessions.

5

Weeks

Course Benefits

Learn to understand project risk, project risk management and the process of dealing with project risks.

Learn project risk management hands-on techniques which can be applied immediately to their own projects.

Effective project risk management increases the likelihood of successful project execution.

Formal Project Management Education hours.

COURSE SYLLABUS

The course consists of:

  • Course Introduction & Risk Management Planning
  • Identifying Project Risks
  • Performing a Qualitative Risk Analysis
  • Assigning Risk Responses and Owners
  • Monitor Project Risks

On completion of the course, you will have demonstrated in a project of your choice how to:

  1. Develop a project risk management plan.
  2. Identify project risks, describe them using risk metalanguage, and log them in a project risk register.
  3. Use the risk management plan from outcome one to perform a qualitative analysis on the project’s risks, and update the risk register accordingly.
  4. For each risk, assign a suitable risk response and risk owner, provide a practical action or action plan to execute the risk response, update the risk register accordingly, and indicate which project management artifacts will be affected.
  5. Monitor project risks and update, refine, or amend risk information as applicable.

Note that these learning outcomes are broken down into more detail, where applicable, in their respective modules.

In the process of achieving these outcomes, we will be covering important terms and concepts pertaining to project risk management and the context in which it manifests.  We will also be addressing some terms superficially only, such as quantitative risk analyses and associated techniques, contingency, management reserve, and a few more, without including them in the assignments.  These topics lend themselves to a more advanced course on risk but need to be mentioned to ensure adequate context is provided around the topic of project risk management.

To ensure you grasp all the contextual information not explicitly covered in the learning outcomes, there is a short quiz for every week, which you may attempt as many times as you like.

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Corporate Training

Custom dates can be provided to corporates with more than 8 delegates.

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Course Format

By the time week 1 starts, your course facilitator will already have shared important communications with you, including invitations to Microsoft Project Teams virtual sessions for the duration of the course. On day 1 there is a virtual session to officially kickstart the course and you will get the opportunity to introduce yourself to your fellow course participants.  The session also serves to reaffirm the course logic and approach, and will also be used to settle any outstanding administrative matters if necessary.

You will then have the rest of the week to view the week's course material, complete the quiz, and perform the assignment.

The times to submit the assignments will be communicated with you. The course facilitator will review each assignment and give you feedback before the next virtual session.

Each week concludes with a virtual session during which the course facilitator will afford you the opportunity to ask questions and the collaborative feedback from the submitted assignment will be provided.

Note that virtual sessions don’t involve any presentations, as the assumption is that you have completed the week’s module and related aspects.

You will only be able to access the next weeks module if you have completed the previous week’s presentation and quiz.

Who Should Attend This Course

  • Portfolio Managers
  • Programme Managers
  • Project Managers
  • Project Engineers
  • Project Controls Managers
  • Project Planners and Schedulers
  • Project Cost Controllers
  • Project Administrators
  • Project Subject Matter Experts
  • All Project – and Project Management personnel who influence projects

Included

Participants will receive the following items on the course:

  • A certificate of attendance on successful completion

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