Course Details/Schedule

Day 1

• Risk Strategy and Planning
• Risk assessment processes and tools
• Quantify stakeholder risk tolerances
• Assess and determine risk thresholds for the project 
• Set criteria for risk levels
• Update risk policies and procedures
• Using lessons learned from projects and outputs of risk audits

Day 2

• Develop and recommend project risk strategy
• Establish the outline for the risk management plan
• Define, fund, and staff effective risk management processes
• Establish evaluation criteria for risk management processes 

Day 3

• Stakeholder Engagement 
• Promote a common understanding of the value of risk management
• Correct using of interpersonal skills 
• Train, coach, and educate stakeholders in risk principles
• Create shared understanding of principles and processes
• Foster engagement in risk management
• Coach project team members in implementing risk processes
• Ensure the consistent application of risk processes

Day 4

• Assess stakeholder risk tolerance 
• Interviewing stakeholders
• Reviewing historical stakeholder behaviors 
• Identify project risk thresholds
• Identify stakeholder risk attitudes
• Stakeholder analysis techniques
• Manage stakeholder expectations and responses 
• Engage stakeholders on risk prioritization process
• Stakeholder risk tolerance
• Optimize consensus regarding priorities

Day 5

• Provide risk-related recommendations to stakeholders
• Risk strategy and planning
• Risk process facilitation
• Risk reporting
• Specialized risk tasks 
• Effective communication techniques
• Effective risk-based decision making
• Promote risk ownership by proactively communicating roles and responsibilities
• Improve risk response execution
• Liaise with stakeholders of other projects

Day 6

• Risk Process Facilitation
• Apply risk assessment processes and tools 
• Facilitate risk identification using a variety of techniques
• Determine the risk exposure of the project
• The identified risks’ attributes
• Prioritize the risks for response planning

Day 7

• Facilitate the development of an aligned risk response strategy
• The formulation of project contingency reserve
• Provide risk data to cost and schedule analysts/estimators
• Use scenarios to validate potential risk responses
• Evaluate key dependencies and requirements

Day 8

• Risk Monitoring and Reporting
• Document and periodically update project risk information
• Tisk register & risk database
• Maintain a single, current repository
• Coordinate with project manager
• Create periodic standard and custom reports
• Risk-related metrics

Day 9

• Monitor risk response metrics 
• Analyzing risk response performance information
• Present to key stakeholders 
• Update the project risk management plan
• Incorporate reviews into future risk planning

Day 10

• Perform Specialized Risk Analyses
• Evaluate the attributes of identified risks
• Advanced quantitative tools
• Analyze risk data produced