Global Knowledge

Increasing Performance Through Project Risk Management

This course focuses on improving the project manager’s risk management expertise, from initial planning through project closure.

GK #821777Virtual Classroom Live
FormatsVirtual Classroom LiveTopicsBusiness Skills

What you’ll learn

Lesson 1: Risk Management Overview

  • Risk Management Benefit and Uses
  • Project Risk Management
  • Project Management Life Cycle
  • Case Study Selection

Lesson 2: Initiating Process Group

  • Initiating Process Group Overview
  • Develop Project Charter
  • Identify Stakeholders
  • Project Selection Criteria
  • ROI Analysis
  • ROI Methods
  • Risk Complexity Index
  • Project Selection

Lesson 3: Planning Process Group

  • Planning Process Group Overview
  • Scope Risks
  • Schedule Risks
  • Resource Risks
  • Plan Risk Management
  • Identify Risks
    1. Delphi Technique
    2. Subject Matter Expert Input
    3. Brainstorming
    4. Fishbone Diagrams
    5. Process Analysis
    6. Five Whys
    7. Influence Diagrams
    8. Risk Breakdown Structure (RBS)
    9. Risk Register
  • Perform Qualitative Risk Analysis
    1. Probability and Impact Assessment
    2. Probability and Impact Chart
  • Perform Quantitative Risk Analysis II
    1. Three-point estimates
    2. PERT
    3. Triangular Distributions
    4. Outlier Considerations
    5. Geometric Mean
    6. Normal Distributions Methods
    7. Tornado Diagrams
    8. Expected Monetary Value (EMV)
    9. Monte Carlo
  • Plan Risk Responses
    1. Risk Response Strategies
    2. Overall Project Risk
    3. Checklists

Lesson 4: Executing Process Group

  • Executing Process Group Overview
  • Implement Risk Responses
    1. Update Risk Report

Lesson 5: Monitoring and Controlling Process Group

  • Monitoring and Controlling Process Group Overview
  • Control Risks
    1. Project Monitoring
    2. Longer Projects

Lesson 6: Closing Process Group

  • Closing Process Group Overview
  • Close Project or Phase
    1. Risk Activities During Closing Process Group
    2. Post-Project Risk Assessment
    3. Team Building – Personality Profiles
    4. Collaborative Decision Making: Delphi, Majority and Plurality Decision Making
    5. Recognition and Rewards
    6. Expectancy Theory
    7. Maslow’s Hierarchy Of Needs
    8. Operant Conditioning

Upcoming training

Dates and availability are confirmed by Bolt when we follow up. All times are shown in the provider’s stated time zone.

2026-12-17 — 2026-12-1810:00 AM - 3:00 PM EST
Virtual Classroom LiveONLINE · English