Public Seminars on Project Management

Risk Management Course

PMI South Florida Chapter, November 2, 2007. 7 PDU's

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.

Watch Dr. Brown in action!    Windows Media    QuickTime

As a result of this training you 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
• 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.

Why you should come to this training?

• Tired of being blamed for negative risk events that materialize?
• You will be able to effectively communicate risks to your leadership. Better communication of risks results in better methods to respond to or mitigate risks. It also softens the blow and minimizes over reaction to a risk event if it occurs. Effective communication of your risks decreases the negative connotations of the risk on you and your project. What could be perceived as "your problem" becomes "our problem" with effective risk communication methods.
• You will learn how to delegate risks to their proper owners. The project manager is best served when he or she manages the list of risks and not the risks themselves. Management of the risks should be driven down to the appropriate level or the appropriate person. Often this is not the project manager.
• Tired of everyone on the project team forgetting about risks once the project starts?
  You will know how to "squeeze in" risk management techniques and thought processes throughout the project management lifecycle. Many project managers find it difficult to perform risk management because the organization culture doesn't allow enough time for it or the organization views it as a project manager responsibility and not a team responsibility. Using tactics to infiltrate risks into your everyday project activities will maximize the opportunity to perform effective risk management in time constrained project environments or project environments without a lot of formal processes.
• Tired of not having properly characterized risks or the real impacts of risk?
  You will know how to quantify risks. For risks to be properly managed they must be properly characterized by probability and impact.
• Tired of having too many risks to manage effectively?
• You will learn to prioritize risks. Prioritization can be accomplished a variety of ways. It is important to use a method that is credible and most reflects the organizations preferences
• You will learn to ignore some risks. Sacrilege you say? A major reason organizations abandon formal risk management methods is that they find them to cumbersome and time consuming when they try to manage all the risks they identify. Prudent project management requires you to ignore some risks so you do not overburden yourself and the project team.
• Tired of getting burned by unidentified risks or unidentified work?
• You will learn how to identify risks. Knowledge gathering from teams and stakeholders is a process. Thoroughness is required in the identification process. Risks that are not identified cannot be managed and due to Murphy's Law they are usually the first risks to materialize.
• You will learn to use the WBS as a validation tool for the risk process. The time spent preparing the WBS is extremely valuable and can be leveraged in the risk management process. Properly used it reduces the amount of time spent identifying risks and reduces the likelihood of one of the greatest risks - unidentified work.
• Tired of nebulous risk statements that require further interpretation?
  You learn how to write proper risk statements. Project management usually involves teams and multiple stakeholders. All of these participants may approach risk differently. Writing proper risk statements ensures consistency across teams, stakeholders and projects that allows for the most efficient use of precious resources to mitigate risks.

About the Instructor

Many well--informed people choose a physician by finding out who the doctors send their family to. 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. Leading companies in the business of project management choose Dr. James T. Brown when they need project management expertise.   Read about Dr. Brown.

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After hearing Dr. James Brown speak at a Nashville PMI Chapter meeting in the fall of 2003, I suggested to my Manager and got approval to coordinate Dr. Brown's onsite training at the company. He did not disappoint and provided tremendous, applicable, real world, valuable tips and insight in his training. Besides the beneficial materials, he makes the class fun. His experience with clients in various industries, including NASA, makes his tips and techniques easy to apply within your role and in life. I left the training motivated and prepared to apply what I had learned in my role and in launching my business. If you do not attend this unique opportunity for a one day risk class with one of the most sought after PMI speakers, you will regret it. Dr. Brown is one of a few speakers that major PMI Chapters like Chicago, Dallas, and Nashville enjoy so much that they invite him back to speak again and again. I am also aware that Dr. Brown was a contributor for an article on risk management that appeared in the May 2006 issue of PM Network magazine. I hope you will schedule to attend this training. - Melinda Hagan, PMP, Immediate Past President of the Nashville PMI Chapter

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Participants of the course will also receive Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project (Hardcover) by Tom Kendrick - a $32.95 value.

View the refund policy.

Please bring a calculator.

Don’t delay. The last course sold out well in advance. Once again seating is limited. Guarantee your seat and register now for the Risk Management Course in Davie, FL on Friday, November 2, 2007:

$270 PMI South Florida Chapter members

$295 per participant all others

Date and location for this course:

Davie, FL

Friday, November 2, 2007
Course 8:30 am – 4:30 pm with one hour lunch break. Continental breakfast and lunch will be provided!

Professional Development Units (PDUs): 7

Signature Grand
6900 State Road 84 (Map)
Davie, Florida 33317

Don’t delay. The last course sold out well in advance. Once again seating is limited. Guarantee your seat and register now.

$270 PMI South Florida Chapter members

$295 per participant all others

$270 PMI South Florida Chapter members

$295 per participant all others

$270 PMI South Florida Chapter members

$295 per participant all others