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Description:

This is a bundled training package. It contains training for each of the bundled items below:

Course Price
Risk Management Planning (PMBOK® Guide Fifth Edition) $74.95
Identifying Project Risks (PMBOK® Guide Fifth Edition) $74.95
Performing Risk Analysis (PMBOK® Guide Fifth Edition) $74.95
Risk Response and Control (PMBOK® Guide Fifth Edition) $74.95

Bundle Price: $169.00
Total Savings: $130.80


Risk Management Planning (PMBOK® Guide Fifth Edition)

There are a few questions that every project manager should ask at the beginning of a project: What do we hope to gain from this project? What kinds of things could keep that from happening? And how should we respond if those events occur? Every project involves some degree of risk. Identifying potential risks and having a plan for dealing with them can spell the difference between a project that reaches a successful conclusion and one that does not. In this course, learners will be introduced to the Project Risk Management Knowledge Area. It covers the best practices outlined in A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition published by the Project Management Institute (PMI®). Specifically, learners will be introduced the first process in the Project Risk Management Knowledge Area: Plan Risk Management. Techniques for creating a risk management plan and preparing documentation for the risk identification and analysis processes will be covered in detail. This course provides a foundational knowledge base reflecting the most up-to-date project management information so learners can effectively put principles to work at their own organizations. This course will assist in preparing the learner for the PMI® certification exam. This course is aligned with the A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, published by PMI®, Inc., 2013. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.
  • recognize types and examples of project risk
  • recognize examples of risk management activities
  • match the Project Risk Management processes with their associated project management Process Group(s)
  • match the inputs to planning risk management with the information they provide
  • identify the tools and techniques used for the Plan Risk Management process
  • match elements of the risk management plan with examples
  • identify sections of the risk management plan
  • recognize the principles of risk tolerance, probability, and impact

Identifying Project Risks (PMBOK® Guide Fifth Edition)

Since every project faces some degree of risk, good project management involves a thorough investigation into all potential risks that may impact the project throughout its life cycle. Identifying potential risks and their causes and impacts can mean the difference between a project that reaches a successful conclusion and one that does not. In this course, learners will continue to learn about processes within the Project Risk Management Knowledge Area. It covers the best practices outlined in A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition published by the Project Management Institute (PMI®). Specifically, learners will be introduced to the second of the six risk management processes: Identify Risks. The course covers many risk identification methods including group information gathering techniques, diagramming techniques, and SWOT analysis. The results of these methods are compiled in the risk register, which is also covered in detail. This course provides a foundational knowledge base reflecting the most up-to-date project management information so learners can effectively put principles to work at their own organizations. This course will assist in preparing the learner for the PMI® certification exam. This course is aligned with the PMBOK® Guide – Fifth Edition, published by PMI®, Inc., 2013. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.
  • identify inputs to the Identify Risks process
  • identify activities that should be part of a documentation review to identify project risks
  • use the appropriate information gathering technique for identifying risks on a given project
  • identify the characteristics of a project risk information gathering session
  • indicate the risk information gathering techniques that would be appropriate in given situations
  • categorize items that would be used to perform a SWOT analysis
  • identify the questions that would be asked during an assumptions analysis
  • identify the two documents that are used to complete a risk checklist analysis
  • match types of causes of project risk with examples
  • recognize examples of the contents of a risk register

Performing Risk Analysis (PMBOK® Guide Fifth Edition)

The science of project management was founded, in large part, to manage risk and prevent it from negatively affecting project objectives, schedules, and budgets. Risk in any project is unavoidable. Fortunately, there are proven methods to identify and analyze potential threats so that appropriate risk responses are developed and the project's level of exposure is controlled. Risk analysis has become an important discipline within the field of project management. It involves prioritizing risks and assessing each identified risk's probability of occurrence and potential impact, whether positive or negative. This course explores both qualitative and quantitative risk analysis techniques. Specifically, learners will be introduced to qualitative tools like the probability and impact matrix, risk probability and impact assessment, and risk urgency assessment. Quantitative risk analysis techniques include data gathering and representation and quantitative modeling techniques. This course provides a foundational knowledge base reflecting the most up-to-date project management information so learners can effectively put principles to work at their own organizations. This course will assist in preparing the learner for the PMI® certification exam. It is aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) - Fifth Edition, published by the Project Management Institute (PMI®), Inc., 2013. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.
  • match the inputs to qualitative risk analysis with the information they provide
  • prioritize risks based on given probability and impact ratings
  • use a probability and impact matrix to determine the score of a given risk
  • match qualitative risk analysis techniques with examples of results
  • identify the areas of a risk register that may need to be updated or added after a qualitative risk analysis
  • match the inputs to quantitative risk analysis with the information they provide
  • predict the probability distribution that will represent a given set of risk data
  • match the types of probability distributions with graphics
  • match quantitative risk analysis techniques to examples of when each would be used
  • perform a decision tree analysis given risk data
  • interpret a graph that displays cost risk simulation results
  • match components of the output of quantitative risk analysis with corresponding descriptions

Risk Response and Control (PMBOK® Guide Fifth Edition)

Life is filled with uncertainties, and these uncertainties often affect our decisions and outcomes. Whenever decisions are made without prior knowledge or experience, there is always a chance of risk. When dealing with projects, it's the project manager's job to assess and control risks, avert or minimize their adverse effects, and capitalize on potential opportunities over the life of a project. This course covers the last two processes in the Project Risk Management Knowledge Area – Plan Risk Responses and Control Risks. Specifically, you will be introduced to strategies for handling both negative and positive risk, and how to control these risks. This course will also cover all the necessary project documents and plans that require updates as these processes are performed. This course will assist in preparing learners for the PMI® certification exam. This course is aligned with A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Fifth Edition, published by the Project Management Institute (PMI®), Inc., 2013. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.
  • match the inputs to planning risk responses with examples of the information they provide
  • identify best practice tips for effective risk response planning
  • match techniques for dealing with negative risks with examples
  • match techniques for dealing with positive risks with examples
  • calculate the contingency reserve for a given set of risks
  • recognize an example of using a contingent response strategy
  • recognize examples of the outputs of the Plan Risk Responses process
  • match the inputs to controlling risks with examples of the information they provide
  • recognize examples of the techniques for controlling risks
  • recognize examples of outputs from risk control
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Project Risk Management (PMBOK® Guide - Fifth Edition-aligned) e-learning bundle
  • Course ID:
    271498
  • Duration:
    n/a
  • Price:
    $169