Project Risk Management (PMP07)
Inappropriately managed risk can have serious consequences. Learn how to identify, accurately assess and respond to risk in an effective manner. Concepts include risk identification and understanding probability to develop reasonable risk response strategies. Incorporating risk through risk registers, audits and reassessment into the project management plan is addressed. Students will apply various techniques such as risk categorization, quantitative risk analysis, expected monetary value analysis, contingency analysis, risk mitigation strategies, decision trees, variance, and trend analysis.