Risk Management - Seminar / Kurs von TwentyEighty Strategy Execution (Germany) GmbH

Start taking a proactive approach to risk and learn how to spot opportunity and threat

Project management is opportunity management. It is the ability to seize opportunities, minimise threats, and achieve optimum results. Too often, risk management is seen as reactive, or worse, unresponsive. Nothing could be further from the truth. In this Risk Management course, you will work through a proactive approach to risk threat and opportunity - based on a clear understanding of the powerful nature of both qualitative and quantitative approaches to risk management. This course examines threat and opportunity from both a top-down and bottom-up perspective using ESI’s proven eight-step risk management process which includes the PMI seven-step process. Using effective tools, including ESI’s highly regarded risk assessment model, you’ll learn how to evaluate and respond to risk at the project and task levels. You’ll end the course with new practices to apply in your environment and new insights on the implications and advantages of applying risk management well.


Introduction to Risk -Definition and characteristics of “risk” -Elements and factors of risk – Event (future occurrence) – Probability (uncertainty) – Impact (amount at stake) -Types of risk -Components of risk management – Identification – Quantification – Response development – Response control Risk Management Planning and Identifying Risk -Risk management planning -ESI’s Risk Assessment Model -Risk identification -Idea generation tools and techniques -Delphi Technique Analysis Fundamentals -Probability and impact -Presenting risk – Narrative – Qualitative – Quantitative -Probability analysis Analysing and Prioritising Risk -Determining risk tolerances -Analysing risks -Establishing and evaluating profitability -Risk-based financial tools and techniques -Expected-value analysis -Decision trees -Prioritising risks Risk Response Planning -Risk response strategies for opportunities and threats -Risk acceptance -Risk avoidance -Risk mitigation – Probability minimisation – Impact minimization –Transference -Establishing reserves Execution, Evaluation and Update -Risk response monitoring and control -Execute risk strategies -Contingency plans and workarounds -Risk evaluation -Reassessing risk -Risk documentation


You will learn to: -Use a practical, eight-step process to manage project risk -Identify threats and opportunities and weigh their relative value in your project -Control multiple risks using limited strategies -Overcome psychological barriers to risk in stakeholders and team members -Make risk and opportunity integral components of your next project plan


This course is perfect for: -Identifying risks and opportunities to maximise project performance -Working out how to manage acceptable risk within your project

SG-Seminar-Nr.: 1377401

Anbieter-Seminar-Nr.: CTL-e

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