Enhancing Project Performance: by managing project risk

J.A.G. associates

Enhancing Project Performance through training, coaching and mentoring.

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Overview

Every project is by definition uncertain. Projects happen in the future, involve internal and external stakeholders and require control over uncontrollable circumstances. Risk management helps to reduce the panic by establishing an approach to minimizing the probability and/or impact of uncertain events.  Building risk management into projects helps to give the stakeholders confidence that the project will succeed.

This workshop details a five-step process for managing risk:

•Risk Planning

•Risk Identification

•Risk Analysis

•Risk Response

•Risk Control

Participants learn practical techniques for each of these steps.  Throughout the course the role of the Project Manager in risk management is examined.

The class will be divided into small groups.  Each group will work with a different project to apply tools and techniques for gathering and communicating information specific to each step. 

Audience

•Current or future Project Managers

•Leaders of large pieces of work on a project

•Team members seeking a deeper understanding of how to manage risk for a project

•Project clients, sponsors, and other stakeholders who desire a deeper understanding of how to manage risk for a project.

Length2 days

Learning ObjectivesParticipants will learn:

•Categories of risk to aid in risk identification

•Tools and techniques for analyzing risk

•Common approaches to risk mitigation

•How to deal with contingency in a project

•Templates to assist in documentation

Instructional StrategiesThe workshop includes:

•Short lectures

•Group discussions

•Video documentary to illustrate risk in a Mega-Project

•Instructor led demonstrations of all techniques

•Small group case study work to practice each technique

PrerequisitesNone