Effective Project Risk Management

 Open Enrollment Offerings
Open enrollment offering of this course has not been scheduled currently. This course may be offered by arrangement at customer sites. E-mail training@businessbeam.com or call +92-21-34559076, 34316494 for details.


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Introduction
Risk exists in all facets of life, and unmanaged risks can lead to catastrophic results. The same is true for software development projects as well, with realized risks causing unannounced delays in project schedule, to sky rocketing costs or leading to project failure and client pull out.

This course aims at equipping participants with a basic understanding of various types of risk associated with software projects, as well as the tools and techniques to manage that risk throughout the life cycle, reducing its causes and impact, and completing their projects on time. Through a mixture of lecture and workshops, this course enable participants to differentiate between hazards and risks, effectively rate loss exposure and likelihood of occurrence as well as correctly categorizing and analyzing risks. The participants will perform hands on risk response planning, selecting the correct risk response strategies and learn about tracking and monitoring risks throughout the project lifecycle.

Risk Management in the CMMI Process Improvement Model will also be discussed in detail.


Contents
  • Introduction
    • What is Risk?
    • Why do we need it?
    • Where can we use it?
    • Who can use it?
    • What is risk management?
    • How to identify risks?

  • Basic Concepts
    • The Difference Between Hazards and Risks
    • Risk Identification
    • Rating the Severity of Loss Exposure
    • Rating the Likelihood of Occurrence
    • Risk Assessment and Analysis
    • Risk Categories

  • Analyzing Risks
    • Quantitative Risk Analysis
    • Qualitative Risk Analysis

  • Risk Response Planning
    • Identifying organization’s appetite for Risk
    • Risk Avoidance
    • Risk Mitigation
    • Risk Transfer
    • Risk Acceptance

  • Risk Monitoring and Control
    • Continuous Risk Monitoring
    • Re-evaluation of Risk

  • Risk Management and the CMMI
  • Summary

Benefits
Participants will learn how to:
  • Identify, rate and classify risks
  • Effectively analyze risks occurring in the software development domain
  • Select proper response methods and strategies to deal with the risks
  • Organize and maintain proper risk monitoring and control strategies


    Recommended Participants
    This course is highly valuable for:
  • Project Managers
  • Development Team Leads
  • Business Managers


    Materials Provided
  • Course reference manual containing copy of course slides, support documents, exercises, and their solutions
  • Course Certificate


    Duration and Timings
    One day - 9:30 AM to 5:30 PM


    Course Fee
    Rs.  8,000 per participant


    Questions about this Course?
    Please see our Frequently Asked Questions section for answers to some of the more common inquiries about Business Beam’s Executive Training Programme.


    Note: Mentioned details are tentative. Business Beam (Pvt.) Limited reserves the right to change the schedule, cost and other details without any prior notice.
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