Risk Management Essentials

This workshop is intended for risk managers, operational managers, project, program, portfolio and PMO managers, team leaders who manage operations and/or projects in an organizational context, and any other manager who wants to improve business outcomes.

• Apply a structured, disciplined process that keeps you on track
• Use data gathering techniques to analyze your risks, and determine which ones to focus on
• Plan appropriate risk responses using a variety of alternatives and options
• Control known negative risks to minimize their impact, and continually assess the project to identify new ones
• Optimize the opportunities presented by positive risks
• Become a proactive business leader who resolves problems before they occur

• Risk management framework: key risk factors, risk management maturity model, positive and negative risks
• Planning risk management: risk management levels and sizing, risk rulebook, key risk management tools
• Identifying risks: sources of risk, testing project assumptions and constraints, multiple combined uncertainties, documenting risk characteristics, risk identification tools, risk register
• Assessing risks: qualitative and quantitative analyses, prioritizing risks, probabilities of occurrence and consequences, risk assessment tools
• Planning risk responses: assessing risk tolerances, determining what actions to take and assigning responsibility, different types of response plans, realistic contingency planning, risk control
• Risk management success factors and how to sell risk management in your organization

Special features

The action-learning format features simulated exercises in “real-world” business environments. Working in teams, you will apply the tools and techniques you are learning, and experience the process of collaborative planning firsthand.

As part of the workshop, you will receive PMI® Professional Development Units (PDUs).

For financial assistance opportunities, please refer to Financial Assistance, Scholarships and Team Rates .