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Introduction
- Course programme
- Course objectives
- Introductions to participants and lecturers
- Review of participants’ experiences of risk management in projects
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Background to risk management
- Definitions of risk management
- Risk management as part of project management
- The business case for risk management
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Risk management and decision making
- Application to the project lifecycle
- Risk management in the decision-making process
- Exercise - identification of project ‘decision gates’
- Stakeholders
- Risk management roles and responsibilities
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Applying risk management
- Risk management lifecycle
- Schedule of risk management activities
- Assessing the appropriate level of risk management
- Defining the procedures
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Case study briefing
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Risk management methods (1)
- Identifying risks
- The risk register/risk log introduced
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Risk identification in practice
- Exercise – identifying risks
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Risk management methods (2)
- Understanding risk impacts (on time/cost/quality)
- Impact assessment
- Probability assessment
- Urgency assessment
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Risk assessment in practice
- Exercise – assessing risks
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Risk management methods (3)
- Risk management actions
- Risk acceptance, avoidance, mitigation and transference
- Risk ownership
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Risk actions in practice
- Exercise – identifying risk actions and owners
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Risk management methods (4)
- Reviewing the pattern of risk over time
- Adjusting the process
- Re-evaluating risks
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Risk review in practice
- Exercise – review of risks over time
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Other risk concepts
- Introduction to quantitative risk assessment
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