Recognising potential risks in a project, contributing to evaluating their impact and likelihood, participating in the creation of risk management plans, and overseeing and managing project risks.
Recognising potential risks in a project, contributing to evaluating their impact and likelihood, participating in the creation of risk management plans, and overseeing and managing project risks. Learners will gain skills in identifying, assessing, and controlling potential risks to ensure successful project performance.
Course Content
- Potential, perceived, and actual risk events are identified, documented, and communicated in consultation with appropriate stakeholders
- Triggers, causes, effects, and owners are identified in consultation with appropriate stakeholders and recorded in accordance with project procedures
- Risk management factors are explained with examples relating to the risk events
- The likelihood of risk causes is assessed in consultation with appropriate stakeholders and described with examples
- Impact of risk effects are assessed in consultation with appropriate stakeholders and described with examples
- Potential risk events identified are assessed for impact on the project
- Activities to reduce or stop a risk threat arising are identified and documented in the agreed format
- Activities to recover from a specific risk threat event are identified and documented in agreed format
- Activities to take advantage of an opportunity that arises are identified and documented in the agreed format
- The risk threat prevention and recovery activities and opportunity activities are communicated to relevant parties for inclusion in plans and budgets
- Potential project risk events are monitored to enable anticipation or recognition of the occurrence
- Issues arising are responded to and monitored to resolution
- Variances identified are reported to higher project authority
- Agreed risk responses are implemented in accordance with plans
- Lessons learned are documented and communicated to relevant parties
- Non-accredited: Short course only
- Duration: 1h 30m
- Delivery: Classroom/Online/Blended
- Access Period: 12 Months
