Drive Projects Successfully with Risk Management

Survey Result:

“32% of all projects succeeding which are delivered on time, on budget, with required features and functions

44% were challenged which means they were delivered late, over budget, and/or with less than the required features and functions

and 24% failed which are cancelled prior to completion or delivered and never used.

In all 66% of all Projects Implementations failed to achieve their objectives”

CHAOS Report, Standish group 2009

Synopsis

Project completions statistic are sobering, most projects will not achieve their objectives. Unfortunately risk management is too often not a priority for many projects managers and their sponsors. Many project managers have unfortunately discovered that neglecting project risks will adversely impact project schedule, cost and resources commitment.

This information-packed workshop will introduce you to the fundamentals of project risk management. Project risk management is the discipline of organizing and managing limited resources considering internal and external risks/constraints in a way that the project is completed effectively and achieves its objectives. You will learn how to establish and implement a structured approach to forecast, monitor and mitigate project risk factors for projects, large and small. You will also learn how you can communicate effectively and share the responsibility of managing the project risks with your team members, customers and management. This workshop is intended specifically for project managers or anybody who as part of his or her job as to manage or oversee projects.

Learning Objectives: How you will benefit

• Understand what is Project Risks, the diference with ERM and how a rigorous Project Risk Management process can create value.
• Build a better identification process so that the sources of uncertainty that affect program or project success are not be going to be missed.
• Make threats and opportunities more visible and measurable so that they can be managed effectively.
• Model and predict the range of project or program outcomes when uncertainty is accounted for
• Effectively allocate and using scarce resources to prioritized project risk issues.
• Formulate effective handling and decision-making strategies to control the effects of uncertainty
• Improve trust and confidence in the project from your stakeholders through continuous engagement process. 

Workshop Outline: What you will cover

• Why we need Projects Risk Management?
• What are Project Risks? Type of projects and related risks?
• Project Risk Management Framework & Ressource Planning
• Project Assessment & PRM Process – Identification, quantification & Analysis of Project Risks
• Treatment of Project Risks: Developing Risk Responses and Contingency Plans
• Developing Effective Risk Montoring & Control Procedures to detect and deal with problems before it is too late

Toolbox

• Learn from interactive case studies
• Develop project risk evaluation scorecards
• Risk register for Project risks
• Template for Project Risk Management response
• And more..

Testimonials

“This workshop help to avoid critical mistakes on 2 of my most recent projects, the benefit gained was invaluable”. Project Manager, Consulting group