Managing project risks: safely
Managing project risks: safely, available at Free, has an average rating of 4.55, with 14 lectures, based on 11 reviews, and has 940 subscribers.
You will learn about Learn to prepare for the risk management Learn to identify risks Learn to evaluate and analyze risks Learn to mitigate risks Learn to sustain risk management This course is ideal for individuals who are Supervisors, Project managers, Requirements engineers, Design engineers, Team leaders, Technical Leaders It is particularly useful for Supervisors, Project managers, Requirements engineers, Design engineers, Team leaders, Technical Leaders.
Enroll now: Managing project risks: safely
Summary
Title: Managing project risks: safely
Price: Free
Average Rating: 4.55
Number of Lectures: 14
Number of Published Lectures: 11
Number of Curriculum Items: 14
Number of Published Curriculum Objects: 11
Original Price: Free
Quality Status: approved
Status: Live
What You Will Learn
- Learn to prepare for the risk management
- Learn to identify risks
- Learn to evaluate and analyze risks
- Learn to mitigate risks
- Learn to sustain risk management
Who Should Attend
- Supervisors, Project managers, Requirements engineers, Design engineers, Team leaders, Technical Leaders
Target Audiences
- Supervisors, Project managers, Requirements engineers, Design engineers, Team leaders, Technical Leaders
Risks are there at all levels. Project risks gets a particular focus here.
Understanding the related terms like issue and problem helps to focus on better risk management
A. Lot of importance is given to prepare for risk management:
1. Identify risks sources related to requirements, design, product, services, government norms and so on
2. Setup guidelines and ratings for evaluating risks
3. Formulate strategies (macro pointers) to manage risks
B. With this strong preparation, we can easily identify risks and also write them as formal risk statements
C. When more number of risks are identified, prioritization is required by evaluating ratings for each of the risk related to probability of occurrence and impact. Calculate RPN – Risk Priority Number and arrange the risks in the descending order of RPN
D. As per the prioritized risks, risks are mitigated using various risk strategies at macro level and action plans at micro level
E. Risk management is sustained using:
a. Tracking of risks at project, program and org level
b. at established frequency for tracking
c. with ownership, date of completion and status assigned to each of the risk
d. after the action plan is implemented, the risk is re-evaluated and prioritized again
e. this practice makes it a dynamic risk management
f. some of the risks need contingency plans also
g. few risks can be mitigated straight away. Brainstorming and Decision Analysis and Resolution (DAR) have to be used for finding the root cause of the risk occurrence and come up with solutions / action plans
Course Curriculum
Chapter 1: Introduction to risk management
Lecture 1: Introduction to risk management
Chapter 2: Understanding Issue Problem Risk
Lecture 1: Understanding the meaning of issue problem risk
Chapter 3: Prepare for risk management
Lecture 1: Establishing risk sources related to requirements
Lecture 2: Establishing risk sources related to design
Lecture 3: Establishing risk sources related to products and services
Lecture 4: Setting up parameters for evaluating risks
Lecture 5: Establishing strategies for managing risks
Chapter 4: Identify risks
Lecture 1: Identify risks from risk sources
Chapter 5: Analyze risks
Lecture 1: Analyze risks
Chapter 6: Mitigate risks
Lecture 1: Mitigate risks
Chapter 7: Sustain risk management
Lecture 1: Sustaining risk management – best practices
Instructors
-
Suresh Thiagarajan
Expert Requirements Engineering Project Management
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 0 votes
- 3 stars: 2 votes
- 4 stars: 3 votes
- 5 stars: 6 votes
Frequently Asked Questions
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