Risk Management Course IIL
Content
Working with Uncertainty in Projects
APMC ®
This course is also part of the Advanced Project Management Certification: The Kerzner Approach®
to Best Practices (APMC®) curriculum. For more information, see page 30.
Have you been surprised by unplanned events
during your projects? Are you and your project
team frequently fighting fires? Well, you are not
alone. Uncertainty exists in any project
environment.
While it may not be possible to predict project
outcomes with 100% certainty, you can influence the outcome, avoid many potential risks
and be ready to calmly and efficiently respond
to unavoidable challenges instead of reacting
to them and possibly making things worse.
With the proper knowledge, risk can be identified, assessed, planned for and controlled.
The goal of this course is to teach the specific
knowledge needed to set up risk management
in your projects and to help you implement risk
management processes to achieve consistent
and predictable results in organizations where
a higher level of risk management is required.
This course is aligned with A Guide to the Project
Management Body of Knowledge (the PMBOK®
Guide).
Prerequisites
A good working knowledge of project
management, as well as some experience
managing projects
Course Level
Intermediate/Advanced
Who Should Attend
This course is designed for:
• Project and program managers
• Managers of project managers
• Team members working on high-risk
projects
Performance Focus
• Risk planning
• Risk identification
• Risk assessment (qualitative and
quantitative)
• Risk response planning
• Risk control
What You Will Learn
You’ll learn how to:
• Demonstrate how the PMBOK Guide’s risk
management processes apply to your
project’s environment
• Adapt these processes for a particular highrisk project team’s operating principles
• Explain the importance of using risk
management best practices at single and
enterprise project levels
• Lead an initiative to implement risk
management best practices in your project
environment
Course Overview
Getting Started
• Introductions
• Course structure
• Course goals and objectives
Foundation Concepts
• Risk-related definitions
• The risk management process
• High-risk projects and project failures
• Classical failures in implementing risk
management
Plan Risk Management
• Project risk management and governance
• Risk management planning for high-risk
projects
• High-risk variations on a risk management
plan
Perform Quantitative Risk Analysis
• Adapting quantitative risk analysis for highrisk projects
• Risk analysis and data quality assessments
• Building a foundation for quantitative risk
analysis
• Using discrete quantitative tools
• Using continuous quantitative tools
• Wrapping up quantitative risk analysis for
high-risk projects
Plan Risk Responses
• Adapting risk response planning for highrisk projects
• Optimizing active risk response strategies
• Leveraging contingencies for high project
performance
• Wrapping up risk response planning for
high-risk projects
Monitor and Control Risks
• Adapting risk monitoring and control for
high-risk projects
• Optimizing risk plan maintenance
• Weaving risk reassessment into the project’s
progress
• Maintaining a continuous vigil in high-risk
project environments
Summary
• What did we learn, and how can we
implement this in our work environments?
Identify Risk
• Adapting the risk identification process for
high-risk projects
• Recognizing risks spontaneously
• Confirming and structuring risk events for
treatment
• Wrapping up risk identification for high-risk
projects
Perform Qualitative Risk Analysis
• Adapting qualitative risk analysis for highrisk projects
• Accelerating risk analysis
• Clearing risk action
• Wrapping up qualitative risk analysis for the
next level
Take advantage of the flexibility, customization, focus and control that onsite training offers and let us tailor a course or program to align with your
company’s mission, values and unique business needs. We can deliver any course to your team or organization in a private format - at your location, at
one of our training sites or in a virtual setting. Email us at [email protected] for a free consultation today or visit www.iil.com/onsite for more information.
VIRTUAL CLASSROOM: Dynamic and fully
interactive, a live, online version of this course is
led by an instructor and conducted in real time.
TRADITIONAL CLASSROOM: Engage with our
instructors and a diverse group of peers in a
Traditional Classroom version of this course.
ON-DEMAND LEARNING: Set your own pace
with a recorded online version of this course
and log on when and where you learn best.
#8890 / Four 3-hour sessions
CEU Credits: 1.2 / PDU Credits: 12
Price: USD 850
IIL/University Price: USD 1050
#8140 / 2 Days
CEU Credits: 1.4 / PDU Credits: 14
Price: USD 1295
IIL/University Price: USD 1595
#PA8890 / Four 3-hour sessions
CEU Credits: 1.2 / PDU Credits: 12
Price: USD 850
IIL/University Price: USD 1050
www.iil.com • +1-800-325-1533 or +1-212-758-0177 • Visit our website for the latest course schedules.
APMC® and The Kerzner Approach® are registered trademarks of International Institute for Learning, Inc. PMBOK® is a registered mark of the Project Management Institute, Inc.
Project Management Advanced Courses
Advanced Project Risk Management
APMC ®
This course is also part of the Advanced Project Management Certification: The Kerzner Approach®
to Best Practices (APMC®) curriculum. For more information, see page 30.
Have you been surprised by unplanned events
during your projects? Are you and your project
team frequently fighting fires? Well, you are not
alone. Uncertainty exists in any project
environment.
While it may not be possible to predict project
outcomes with 100% certainty, you can influence the outcome, avoid many potential risks
and be ready to calmly and efficiently respond
to unavoidable challenges instead of reacting
to them and possibly making things worse.
With the proper knowledge, risk can be identified, assessed, planned for and controlled.
The goal of this course is to teach the specific
knowledge needed to set up risk management
in your projects and to help you implement risk
management processes to achieve consistent
and predictable results in organizations where
a higher level of risk management is required.
This course is aligned with A Guide to the Project
Management Body of Knowledge (the PMBOK®
Guide).
Prerequisites
A good working knowledge of project
management, as well as some experience
managing projects
Course Level
Intermediate/Advanced
Who Should Attend
This course is designed for:
• Project and program managers
• Managers of project managers
• Team members working on high-risk
projects
Performance Focus
• Risk planning
• Risk identification
• Risk assessment (qualitative and
quantitative)
• Risk response planning
• Risk control
What You Will Learn
You’ll learn how to:
• Demonstrate how the PMBOK Guide’s risk
management processes apply to your
project’s environment
• Adapt these processes for a particular highrisk project team’s operating principles
• Explain the importance of using risk
management best practices at single and
enterprise project levels
• Lead an initiative to implement risk
management best practices in your project
environment
Course Overview
Getting Started
• Introductions
• Course structure
• Course goals and objectives
Foundation Concepts
• Risk-related definitions
• The risk management process
• High-risk projects and project failures
• Classical failures in implementing risk
management
Plan Risk Management
• Project risk management and governance
• Risk management planning for high-risk
projects
• High-risk variations on a risk management
plan
Perform Quantitative Risk Analysis
• Adapting quantitative risk analysis for highrisk projects
• Risk analysis and data quality assessments
• Building a foundation for quantitative risk
analysis
• Using discrete quantitative tools
• Using continuous quantitative tools
• Wrapping up quantitative risk analysis for
high-risk projects
Plan Risk Responses
• Adapting risk response planning for highrisk projects
• Optimizing active risk response strategies
• Leveraging contingencies for high project
performance
• Wrapping up risk response planning for
high-risk projects
Monitor and Control Risks
• Adapting risk monitoring and control for
high-risk projects
• Optimizing risk plan maintenance
• Weaving risk reassessment into the project’s
progress
• Maintaining a continuous vigil in high-risk
project environments
Summary
• What did we learn, and how can we
implement this in our work environments?
Identify Risk
• Adapting the risk identification process for
high-risk projects
• Recognizing risks spontaneously
• Confirming and structuring risk events for
treatment
• Wrapping up risk identification for high-risk
projects
Perform Qualitative Risk Analysis
• Adapting qualitative risk analysis for highrisk projects
• Accelerating risk analysis
• Clearing risk action
• Wrapping up qualitative risk analysis for the
next level
Take advantage of the flexibility, customization, focus and control that onsite training offers and let us tailor a course or program to align with your
company’s mission, values and unique business needs. We can deliver any course to your team or organization in a private format - at your location, at
one of our training sites or in a virtual setting. Email us at [email protected] for a free consultation today or visit www.iil.com/onsite for more information.
VIRTUAL CLASSROOM: Dynamic and fully
interactive, a live, online version of this course is
led by an instructor and conducted in real time.
TRADITIONAL CLASSROOM: Engage with our
instructors and a diverse group of peers in a
Traditional Classroom version of this course.
ON-DEMAND LEARNING: Set your own pace
with a recorded online version of this course
and log on when and where you learn best.
#8890 / Four 3-hour sessions
CEU Credits: 1.2 / PDU Credits: 12
Price: USD 850
IIL/University Price: USD 1050
#8140 / 2 Days
CEU Credits: 1.4 / PDU Credits: 14
Price: USD 1295
IIL/University Price: USD 1595
#PA8890 / Four 3-hour sessions
CEU Credits: 1.2 / PDU Credits: 12
Price: USD 850
IIL/University Price: USD 1050
www.iil.com • +1-800-325-1533 or +1-212-758-0177 • Visit our website for the latest course schedules.
APMC® and The Kerzner Approach® are registered trademarks of International Institute for Learning, Inc. PMBOK® is a registered mark of the Project Management Institute, Inc.
Project Management Advanced Courses
Advanced Project Risk Management
