Managing Risk and Uncertainty
Imagine skydiving without a parachute—that’s what it’s like to run a project without a risk management plan. This course teaches you to see the storm coming and prepare, turning looming disasters into manageable challenges. You'll learn to cut through the noise, create clear action plans, and keep control even when the pressure is on. Be the manager who’s ready for anything, who stays calm, steady, and ahead of the game when things get tough. Learn more at rize.pub/PROJM-4.
Course Topics
Fundamentals of Risk Management
Explore the principles of risk management in the context of projects, understanding its importance and impact on project success.
Risk Assessment
Identify potential project risks and practice using tools like risk registers to document and categorize risks based on their likelihood and impact.
Risk Response Strategies
Explore different risk response strategies, including avoidance, mitigation, transfer, and acceptance, and learn how to select the most appropriate strategy for each identified risk.
Risk Management Plans
Students will create detailed risk management plans that incorporate monitoring processes and outline communication strategies for keeping stakeholders informed about risk status.
Risk Strategy Evaluation
Students will learn methods for assessing the outcomes of implemented risk responses and will make recommendations to improve risk management processes in future projects.
200
Disclosure
This course is delivered online through an institution of the Lower Cost Models Consortium (LCMC) that is different than your degree-granting institution that awards the academic credit for the course.
