Project Risk Management & Compliance

Created by LEC Team
Last updated Mon, 27-Mar-2023
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In accordance with the above, participants will develop vital efficiency indicators for surveillance as well as managing task dangers.

Program Goals of Danger Management Professional

Review the RMP test demands and application process

Specify numerous danger essential terms and also develop a strong framework of risk monitoring

Strategy threat administration and also handle the danger register

Identify task risks utilizing different techniques

Examine qualitatively the determined task dangers

Price quote quantitatively the overall impact of danger on the objectives of the project

Create effective reaction activities that are appropriate to the top priority of the job dangers

Review and control job dangers with reassessments and audits

Determine the management and communication proficiencies associated with run the risk of management

Training Course Synopsis of Risk Monitoring Expert

PMI-RMP credential review

The Task Monitoring Institute (PMI).

Credential review.

Application procedure.

Exam introduction.

Questions format.

Intro to task threat.

PMBOK guide review.

Defining and classifying risk.

Approach to run the risk of administration.

Danger monitoring essential success variables.

Job risk monitoring procedures.

Planning risk administration.

Actions to producing the danger management strategy.

Preparation meeting and also evaluation.

Danger register contents.

Threat register upgrade cycle.

Handling the danger register.

Determining threats.

Details gathering techniques.

Diagramming techniques.

Analysis strategies.

7 basic devices of quality.

Executing qualitative danger analysis.

Threat probability and also influence evaluation.

Danger likelihood and influence matrix.

Danger data quality analysis.

Threat classification.

Risk urgency analysis.

Performing quantitative threat analysis.

Talking to as well as recognizing standard deviation.

Probability distributions.

Level of sensitivity analysis.

Expected financial value evaluation.

Decision tree analysis.

Preparation threat actions.

Risk feedback approaches.

Backup feedback approach.

Types of reserves.

Fallback plan.

Monitoring and also controlling threats.

Threat reassessment.

Danger audits.

Variance and pattern evaluation.

Made value monitoring.

Book evaluation.

Threat communication and also management.

Danger communication procedure.

General management as well as Leadership designs.

Motivational and management theories.

Problem monitoring.

Day 1
Overview of project management

  • Project life cycle

  • Project management processes

  • Project roles and organization structure

  • Project management process and knowledge areas

  • Introduction to risk managementĀ 

Day 2
Risk Management System

  • Decision Trees

  • Risk Prioritization

  • Benefits of Project Risk Analysis and Management

  • Sources of risk

  • Risk as an opportunity

Day 3
Value management & risk

  • Behavioral and cultural factors

  • Environment & stakeholders

  • Compiling the Risk Management Plan

  • Risk identification and risk assessment

  • Quantitative methods for risk assessment

Day 4
Planned responses to risk

  • Risk registers & their operation

  • Risk ownership

  • Quality & quality management

  • Scheduling, planning & work definition

Day 5
Plan and perform mitigation actions
  • Tracking risksĀ 

  • Risk Documentation

  • Compliance verification prior to the deadline

  • Client communications and feedback analysis

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