Instructor-led training (
ILT)
Onsite dedicated training (
OST)
Course overview
Learn to continuously assess IT risk factors and
implement effective strategies to address them.
Discover a proven method for risk management that
you can use throughout your project. Use a
comprehensive approach to establish a risk program
and prepare a sound risk management plan. Develop
techniques to identify risks and gain knowledge of
tools to analyze them and determine their impacts.
Determine risk prioritization and mitigation strategies.
Implement methods to track, control, and communicate
risks throughout the IT project life cycle.
Prerequisites
A comprehensive introductory IT project
management course such as Managing IT Projects
(HE541S)
Audience
This course is intended for project managers
involved in IT, software development, and
communications projects. It is especially suited for
people seeking project management certification
Course objectives
Learn how to:
Structure a realistic risk management plan for your
project
Implement practical methods for risk identification
and analysis including a taxonomy that can be
used to organize all risks on a project
Implement risk strategies and document them in
your project plan
Communicate risks effectively to all project
stakeholders
Identify key roles and responsibilities in risk
management
Determine the most effective methods to track and
control risks
Integrate risk management techniques and results
into a balanced project management approach
Next steps
Project Procurement Management (HE547S) or other advanced Project Management topics leading to recognition of your knowledge and skill by passing the Project Management Professional (PMP) certification appropriate to your country or region
Benefits to you
Identify project risks common to IT projects
Learn the key processes in risk analysis
Choose appropriate and effective risk
communication
Practice proven techniques for risk control
Implement continuous risk management
Course outline
Overview
Pinpoint IT risk threats and opportunities
Identify and use the risk processes
Relate risk to the Capability Maturity Model
(CMM®)
Risk Identification
Determine the inputs to risk identification
Use a variety of risk identification tools and
techniques
Create a clear and accurate risk statement
Risk Analysis
Determine risk tolerances of key stakeholders
Evaluate risk attributes
Use expected monetary value and decision
tree analysis
Risk Planning
Assign risk ownership for each risk
Identify the response strategy and implement
it into the plan
Identify secondary and residual risks
Risk Tracking
Determine necessary data to track risks
Use earned value data in risk tracking
Identify data tracking methods
Risk Control
Determine trends, deviations, and anomalies
Update the work plan to reflect risk status
Determine when and how to close a risk
Risk Communication
Identify barriers to risk communication
Select the appropriate type of communication
Promote communication enablers
Implementing Continuous Risk Management
Assess your organizational culture for risk
management
Determine critical factors for success
Apply Continuous Risk Management (CRM) in
the organization
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