Online

Project Risk Management: Staying on Track When Your Plans Get Derailed

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Length
1 day
8:30 a.m. to 4:30 p.m.

    Contact us to find out upcoming dates executiveeducation@hec.ca

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  • Migration de donnée

Rate
Regular price
$1,195
Sale price
$1,195
Regular price
Language

French

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Émilie Mazet
Program Manager

No matter how carefully you prepare and execute a project, there will inevitably be unforeseen challenges that will throw a monkey wrench into the works – or even threaten your project’s very existence.

This advanced project management course will introduce you to tools and techniques that will help you navigate the risk management of your project, one step at a time, in accordance with the principles put forward by the Project Management Institute (PMI). The goal is to help the project manager take a proactive, rather than a reactive, stance when the unexpected happens. Among the additional benefits of implementing risk management best practices are a boost in team morale, extra reassurance for various stakeholders and reduced stress for the project manager.

GOALS

  • Comprehend the theoretical concepts underlying risk management, as espoused by the Project Management Institute (PMI).
  • Become familiar with commonly used tools and techniques to effectively address each of the steps of the risk management process.
  • Learn how to apply best practices in the heat of the action, when reality often differs from theory.
  • Use a simulation exercise to build a comprehensive risk management plan.

IS THIS FOR YOU?

  • Managers apt to be put in charge of projects where there is a degree of uncertainty.
  • Project team members who may be called on to identify and manage project risks.

SPECIAL FEATURES

  • A program structured around best practices recommended by the Project Management Institute (PMI) and adapted to real-world conditions.
  • Solid theoretical foundations demonstrated through simulation exercises covering the entire risk management process.
  • Sharing of tips and tricks for avoiding pitfalls to facilitate the application of the techniques presented.

Basic concepts

  • Understanding risk
  • Understanding the risk management process

Identifying risks

  • Techniques and tools for identifying risks
  • Key components of each of these risks
  • Exercise/simulation: Identifying project risks

Analyzing risks

  • Causes of risks and likelihood of their occurrence
  • Analysis of consequences and severity of impact
  • Risk prioritization
  • Exercise/simulation: Analysis and prioritization of project risks

Risk response planning strategies

  • Risk mitigation plan
  • Risk contingency plan
  • Exercise/simulation: Drafting a mitigation plan and contingency plan for a project

Monitoring and communicating project risks

  • Risk log and updates
  • Communication and escalation of risks

TRAINING APPROACH

  • Lectures
  • Opportunities for participants to share their experiences
  • Simulation: Creation of a risk management plan for a project
Marc Messier

PMP, MBA

Lecturer HEC Montreal

Online

Project Risk Management: Staying on Track When Your Plans Get Derailed

No matter how carefully you prepare and execute a project, there will inevitably be unforeseen challenges that will throw a monkey wrench into the works – or even threaten your project’s very existence.

This advanced project management course will introduce you to tools and techniques that will help you navigate the risk management of your project, one step at a time, in accordance with the principles put forward by the Project Management Institute (PMI). The goal is to help the project manager take a proactive, rather than a reactive, stance when the unexpected happens. Among the additional benefits of implementing risk management best practices are a boost in team morale, extra reassurance for various stakeholders and reduced stress for the project manager.

Presentation Program Instructors

GOALS

  • Comprehend the theoretical concepts underlying risk management, as espoused by the Project Management Institute (PMI).
  • Become familiar with commonly used tools and techniques to effectively address each of the steps of the risk management process.
  • Learn how to apply best practices in the heat of the action, when reality often differs from theory.
  • Use a simulation exercise to build a comprehensive risk management plan.

IS THIS FOR YOU?

  • Managers apt to be put in charge of projects where there is a degree of uncertainty.
  • Project team members who may be called on to identify and manage project risks.

SPECIAL FEATURES

  • A program structured around best practices recommended by the Project Management Institute (PMI) and adapted to real-world conditions.
  • Solid theoretical foundations demonstrated through simulation exercises covering the entire risk management process.
  • Sharing of tips and tricks for avoiding pitfalls to facilitate the application of the techniques presented.

Basic concepts

  • Understanding risk
  • Understanding the risk management process

Identifying risks

  • Techniques and tools for identifying risks
  • Key components of each of these risks
  • Exercise/simulation: Identifying project risks

Analyzing risks

  • Causes of risks and likelihood of their occurrence
  • Analysis of consequences and severity of impact
  • Risk prioritization
  • Exercise/simulation: Analysis and prioritization of project risks

Risk response planning strategies

  • Risk mitigation plan
  • Risk contingency plan
  • Exercise/simulation: Drafting a mitigation plan and contingency plan for a project

Monitoring and communicating project risks

  • Risk log and updates
  • Communication and escalation of risks

TRAINING APPROACH

  • Lectures
  • Opportunities for participants to share their experiences
  • Simulation: Creation of a risk management plan for a project
Marc Messier

PMP, MBA

Lecturer HEC Montreal

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