Risk Control (PMBOK® Guide Fifth Edition)

Existing project managers pursuing certification in recognition of their skills and experience, or others training to become accredited project managers

Prerequisite
None

Expected Duration
58 minutes

Description
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®.

Objective

Risk Response and Control

  • match the inputs to the Plan Risk Responses process with examples of the information they provide
  • identify strategies for responding to negative risks
  • identify strategies for responding to positive risks
  • recognize examples of using contingent response strategy
  • recognize examples of the outputs of the Plan Risk Responses process
  • match the inputs to the Control Risk process with examples of the information they provide
  • recognize examples of risk reassessments and risk audits
  • recognize examples of technical performance measurement and types of risk analysis
  • recognize examples of outputs of the Control Risks process
  • demonstrate your understanding of the Plan Risk Responses and Control Risks processes

MONTHLY SUBSCRIPTION

$129/month
 

ANNUAL SUBSCRIPTION

$1295/year

Multi-license discounts available for Annual and Monthly subscriptions.