Public Seminars on Project Management

Risk Management

7 PDU's

Course Description:

This course provides an overview of project risk management techniques. Participants will learn how to identify project risks and manage those risks throughout the project life cycle. Specific emphasis will be placed throughout the course with having a proactive mindset with response to risk for effective project management.

"The first class I've taken where I've gotten more than just PDU's. And I've taken many! Excellent use of stories or quotes that are applied to the subject (risks). This class is better than the best!" P. Theriault, American Airlines

Learning Objectives:

After completion of this course the participant will be able to:

Define risk management
Understand the advantages of risk management as a process
Identify all project risks in a team environment
Write effective risk statements
Perform qualitative risk analysis for project risks
Plot qualitative risks on a risk matrix
Perform quantitative risk analysis for project risks
Perform expected value calculations
Select quantitative or qualitative risk analysis based on the +'s and -'s of each method
Generate risk response plans
Screen and prioritize risks
Explain how our "risk attitudes" affects how we manage risks
Understand the importance of updating risk plans
Recognize that risk monitoring and control is an ongoing process

Course Agenda

Introduction

Project Management is Risk Management
Introductions
Course Logistics

Risk Management Planning

Definition of Risk Management
Risk Management Advantages
Characteristics of Risks
Risk Attributes
Situation
Time
Association
Risk Management and the Project Life Cycle

Risk Identification

Methods of Risk Identification
Risk Identification and the Work Breakdown Structure
How to Write Effective Risk Descriptions
Characteristics of Good Risk Descriptions

Qualitative Risk Analysis

Advantages of Qualitative Risk Analysis
When to use Qualitative Risk Analysis Methods
The Four by Four Risk Matrix
Prioritization with a Qualitative Risk Matrix

Quantitative Risk Analysis

Probability and Statistics Review
Central Tendency
Dispersion
Central Limit Theorem
Expected Value
Expected Value and Reserve
Task
Project
Program
Decision Trees
Advantages and Disadvantages of Decision Trees
Qualitative and Quantitative Risk Analysis Compared

Risk Response Planning

Avoidance
Transference
Mitigation
Acceptance
Implementing Risk Response Plans
Risk Prioritization
Screening Risks
Pair-wise Comparisons
Risk Response Matrix

Risk Monitoring and Control

Risk Attitudes
Risk Neutral
Risk Seeking
Risk Averse
Risk Attitudes over the Project Life Cycle
Updating Risk Plans

About the Instructor

Many people choose a physician by finding out who doctors send their family to when they need medical attention. They are looking for the doctor's doctor, the best of the best. Dr. Brown is a doctor's doctor when it comes to project management. He was chosen to evaluate and update the curriculum of one of the largest project management training companies. He was chosen by one of the leading project management software vendors to evaluate their product. McGraw Hill recently published his book The Handbook of Program Management. Leading companies in the business of project management choose Dr. James T. Brown when they need project management expertise. Read about Dr. Brown.

"Excellent approach to project management. Dr. Brown's pragmatic and realistic application of project management principles is the best and most usable doctrine I have seen." G. Esten, Nuance Corp.

"You are at risk if you don't attend this program." P. Leone, Palm Beach County Schools

Target Audiences: Project Managers, Project Team Members, Stakeholders

Length: One Day

Professional Development Units (PDUs): 7

Don't delay. Seating is limited.

Cancellations are entitled to a full refund if cancelled within 30 days of the class start date. However, you may send a substitute without penalty prior to the start date of the class. No-shows will not receive a refund.

Date and location for this course:

Charleston, South Carolina

Thursday, October 7, 2010

Course 8:30 a.m. - 4:30 p.m. with one hour lunch break. Continental breakfast provided!

Professional Development Units (PDUs): 7

Physical location:
Low Country Graduate Center
5300 International Blvd., Building B, Suite 100
Charleston, SC 29418

Don't delay. Seating is limited.

"I am walking away from this class course with valuable tools to improve risk management practices. Dr. Brown practices what he preaches - His presentation style and materials were very understandable and usable." K. Buckwalter, State of Michigan

"Very interesting! I really enjoyed the practicality of the class - It was a good reminder of the importance of risk management and how it can be incorporated in a project." P Gaines, Southwest Airlines

"This was an excellent program! Dr. Brown has taken what can be a very dry subject and interjected humor to really make it enjoyable and drive home the intended points." M. Hesler, Pepsico Business Solutions Group

"Today's program provided me with valuable tools on Risk Identification and management that I can begin to apply immediately on my project." - K. Pawlowski, Bull Services

"Dr. Brown simplifies a complex topic and gives actionable methods to implement these concepts." H. Ober, Pepsico

"This was a great use of time! Dr. Brown is a wonderful speaker who adds life and color to subject matter that could easily be flat and dry. His use of humor makes all the difference." C. Murray, McAfee

"Dr. Brown's insight into calculating and communicating risk was very valuable. We will be able to use his ideas immediately with our customers and projects." - S. Pryor, CommandGlobal

"His approach to risk management balances tools, techniques and common sense." T. Mayeux, EDS

"Excellent! Time and dollar investment return exceeded expectations! Highly recommended as a personal investment in your future." D. Fortney, SAP