Course Summary
Credit Type:
Organization's ID:
19.5 hours (3 days, 6.5 hours per day)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 2 risk management


The course objective is to offer a proven method for incorporating risk management processes as integral elements of project management and provide different approaches to identify risks; qualitative and quantitative methods to analyze risks and determine their impacts; risk ranking and response techniques; and approaches to monitor, control, and communicate risks throughout the project life cycle.

Learning Outcomes:

  • be able to apply scalable planning methods to prepare for project risk management
  • prepare a risk management plan to guide your risk approach
  • identify project risks by using different identification tools
  • integrate risk management techniques and results into a balanced project management approach
  • use multiple techniques to identify and document risks
  • perform qualitative risk analysis to prioritize risks for response and monitoring
  • perform quantitative risk analysis to assess risk to the overall project cost and schedule objectives
  • incorporate expected value, probability, and distribution into your risk analysis
  • estimate and characterize the impact and timing of risks on your project
  • determine and implement appropriate risk response strategies based on risk analysis
  • monitor and control identified and emerging risks based on risk plan and project execution results
  • communicate risks effectively to all project stakeholders
  • create an on-the-job action plan

General Topics:

  • Risk management overview
  • Plan risk management
  • Identify risks
  • Perform qualitative risk analysis
  • Perform quantitative risk analysis
  • Plan risk responses
  • Control risks
  • Developing an action plan
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Classroom Exercise
  • Discussion
  • Lectures
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Other
  • Performance Rubrics (Checklists)
  • Quizzes
  • practical exercises

Minimum Passing Score:

Supplemental Materials