About
This five-day, intermediate level course for project managers, project engineers, and integrated project team discipline members addresses the key areas associated with capital project risk management. The course focuses on managing risk throughout the entire project life cycle. This course is very much hands-on with class exercise case studies that focus on participant development of risk management deliverables. The class also addresses the methods that project team leaders can utilize to ensure that project team members and management buy in and are part of the risk management process. This course counts toward PMI Project Development Units (PDUs) through continuing education. Completion Certificates may be submitted to PMI as required to document third-party training.
*Disclaimer*
This course requires modifications for the Geothermal discipline. Click the "Request In-House Training" button for more details
Target Audience
You Will Learn
Participants will learn how to:
- Apply techniques to help establish project cost contingency
- Apply risk management to a capital project throughout the entire life cycle
- Write a risk management plan and gain alignment with key stakeholders
- Engage management and project team members in the risk management process
- Systematically identify risks for your project
- Determine those risks that are owned by the project team and those owned by management
- Use risk assessment to analyze and prioritize risks for treatment
- Develop robust risk mitigation plans
- Control and monitor risk
- Incorporate risk planning into project cost and schedule
- Determine the role of probabilistic cost and schedule in risk management