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NHS Risk Analysis & Management |
Risk analysis and management in a project environment is fundamental to project success. Most project plans are devised from the optimists’ perspective and an inadequate analysis of risk against the constraints of cost, time and quality reduces the probability of a project delivering benefits on schedule and within budget.
This course explains the principles of project risk management and provides you with the skills to identify, monitor, and mitigate risk within your projects. Throughout the course a case study is used to provide practical experience of a wide range of risk techniques and methods. The course can also be run in-house for teams working on a project to apply these techniques immediately to your project.
Target Audience
This course is designed for anyone in a project and programme environment who is involved in project risk management at any level.
OverviewSubjects addressed in this course include:
Introduction to Risk Analysis & Management: What is a Risk; Risks and Opportunity; Risks and Cost, Quality, Time; The Risk Management Lifecycle Risk Identification: Brainstorming Risks: Cause Analysis; Risk Breakdown Structures; Other Risk Identification Techniques Risk Exposure: Measuring Probability; Measuring Impact; Measuring Manageability and Criticality; Measuring Risk Exposure Quantitative Risk Analysis: Monte Carlo Probabilistic Analysis; Risk Distributions; Assessing Cost. Time and Quality Risks; Risk Estimating Qualitative Risk Analysis: Risk Identification using Qualitative Techniques; Risk Assessment Risk Mitigation & Reduction: Risk Avoidance; Risk Transfer; Risk Mitigation; Risk Management Risk Documentation: The Project Risk Register; The Corporate Risk Register
Objectives:By the end of the course you will be able to: Use a wide range of techniques to identify risks
Use qualitative methods of measuring risk probability and impact
Develop appropriate Risk Factor models
Use and apply appropriate risk mitigation techniques
Implement a Risk Register effectively
Apply risk analysis and management at appropriate stages of the project lifecycle and as an integral part of the change control process
Use quantitative techniques to measure task or project risk against schedule and budgets
Assess the resource requirements and the benefits of different risk assessment techniques
Perform Risk Analysis and create results-based reports
Implement a risk management programme and strategy to deliver practical benefits that can be applied by attendees, immediately upon return to their working environment.
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