Applied Risk Management

About This Course

Wanting a course to follow up Risk Management Fundamentals? This course builds upon the previous course’s foundation to build your working knowledge in applying specific practical approaches, processes, and tools and techniques in managing the uncertainty—or risk—of the project’s success from the inception to the completion. Included are 22 downloadable “takeaways” which you can find in the course’s Media Center for your use.

This course is also available in the PDU Passport, our annual subscription to all of our PDU courses.

Outline:

• Introduction
• The Risk Management Plan
• The Risk Register
• Tools & Techniques for Identifying Risks
• Tools & Techniques for Qualitative Risk Analysis
• Tools & Techniques for Quantitative Risk Analysis
• Tools & Techniques for Responding to Risks
• Response Process & Risk Register
• Monitor & Control Risks
• Review

Takeaways:

• Risk Management Toolbox
• Project Summaries
• Risk Management Plan Example
• Formal & Informal Risk Management Template
• Potential Threat List (with suggested responses)
• SWOT Analysis Example & Template
• 5-Whys Technique
• Cause and Effect Diagram Template
• Probability & Impact Scoring
• Risk Response Planning Process
• Risk Management Audit Worksheet
• Certificate of Completion

Target Audience: Best for PMP® and PgMP® certification holders.

Outcome: 6 Professional Development Units (PDUs) that can be applied towards the following certifications: PMP, PgMP, PfMP, PMI-ACP, PMI-BA, PMI-RMP, and PMI-SP

Author: Margo Love

Frequently Asked Questions

• Is this course registered with PMI? Will I earn Professional Development Units (PDUs)?

  Yes and yes!  Your PDUs are important, and we’ve registered this course with PMI.  Velociteach is a Registered Education Provider (REP#1768).  This course is listed with PMI, provides Category A PDUs and is aligned with the PMI Talent Triangle^TM. Once you have finished the course, our system will generate a Certificate of Completion for your records.

• How long will I have access to this course?

  You will have access to this course for 6 months from the time you activate the key in your account.

• When will I be able to access this course?

  Upon purchase, this course will automatically be added to your account. However, your 6-month access period will not begin until you activate the key.

• How long will it take me to complete the course?

  • You will earn 6 PDUs for completing this course. Therefore, it should take you about 6 hours to complete the course, but you can revisit sections or watch lessons as many times as you wish during your access period. One of the best features is you can pause a course and pick up right where you left off when you log back into your account. InSite is self-paced, which makes it simple for you to learn when it is convenient for you.

• Can I access this course from a mobile device?

  Yes, you can take this course from your computer, tablet or mobile device.  If you can access the internet, you can access this course.

• What is the Talent Triangle, and how does it impact my PDUs?

  PMI requires that you earn a minimum number of 8 PDUs in Technical Project Management, Leadership, and Strategic and Business Management categories.

• How do I report my PDUs?

  You will receive a Certificate of Completion when you complete each course. PMI has step-by-step instructions on how to report your PDUs.