About this course
Projects a novel and uncertain. So, that means things may happen that you aren't expecting... and certainly did not plan.
That's why you need Risk Management. It's the primary way that Project Managers bring uncertainty under control.
What is Risk? In this video, Dr Mike Clayton, author of 'Risk Happens!' sets out a clear definition.
This is a sample video from our Project Management Core Course program.
Project Managers know that projects are risky. Risk management is therefore a vital discipline. Indeed, a focus on project risk is a sign of real project management maturity.
When you are managing a project, risk is always with you. So, Project Risk Management is a fundamental discipline. Project Risk Management one of the 10 Knowledge Areas in the PMBOK Guide 6th Edition and one of the 7 themes of PRINCE2. So, in this video, I'll give you a comprehensive introduction to my tips for how to manage project risk.
No one would tolerate a project that is too risky!
So, what is risk tolerance?
Risk Management is one of the core skills of project management. And your Risk Register - or Risk Log - is the primary tool you'll use.
The Cone of Uncertainty is a helpful way to understand the evolution of your project. So, what is the Cone of Uncertainty?
Failure Mode and Effects Analysis (or FMEA) is a powerful methodology that comes from the domain of manufacturing and the toolset of Six Sigma. But it is also a valuable addition to any Project Manager's toolset.
When things go seriously wrong, one of the things you will need is a Business Continuity Plan. And, since projects involve risk to your organization, you'll need to link into this. So, what is a Business Continuity Plan?
Shift Happens! Things go wrong. So, as a project manager, you need to be able to manage risks. Here, Dr Mike Clayton offers you 5 Tips for great risk management.
You won't be able to proceed very far on your project, without making assumptions. So, what is an Assumptions Log?
Defining your project is a vital task. And there are a lot of things to remember. Fortunately, we have some handy acronyms: RAID, CAD, and DCARI. You may find them helpful - or you may have heard them, and wondered what they mean.
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