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Plan to Eliminate Project Failure through Proper Risk Management Who Should Attend?This workshop is designed for individuals with an understanding of the basics of project management principles who would like to improve the success rate of their projects. It is ideal for project managers, technical managers, and executives who oversee project organizations.How You Will BenefitThrough lecture, open discussion, and team exercises you will be able to:
  • Understand why projects fail
  • Differentiate between internal and external risks
  • Identify and assess your risk exposure
  • Identify triggers to project risks and plan for response strategies
  • Develop plans to manage and control risk
  • Reduce the chance of schedule and budget overruns
  • Deliver quality projects with controlled risks
  • Satisfy your project customers
Your Workshop Experience Will Cover Risk Management Overview - Appreciate the effects and implications of risk and the need for effective risk management.

Collaboration - See how to work together with your customers and other stakeholders to understand and reduce the overall project risk. Learn how your customer may actually want to assume some of the project risks.

Common and Special Cause Variations
- Learn the difference between the two. Understand why they require a different approach to manage.

Risk Identification - Understand the major areas of risk and learn how to identify the specific risks within each area. See how risks relate to the WBS.

Risk Evaluation - Review effective and efficient methods to evaluate exposure, and prioritize risks to see what’s worthy of your attention.

Planning and Action Strategies
- Evaluate the options available to prevent, mitigate, or respond to risk events. Determine how to select strategies to reduce risk exposure. See how contracts can be used as a risk mitigation tool.

Recovery Actions - Learn different methods to recover from unplanned events. See why some recovery methods are undesirable and actually cause an increase in your project’s cost and duration, and how to prevent this from happening.

Monitor and Control - Discover the data that needs to be collected in order to effectively track your project. Learn how to verify your project status and the steps that need to be taken to meet schedule, budget, and quality requirements.

Shifting Strategies - Know when to modify your plan (without changing your baseline). Learn how effective change management will improve your chances of project success.
 
 
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