Advanced Risk Analysis – Risk Budgeting

A pragmatic course in advanced risk management and budgeting, utilizing a combination lecture and workshops providing an understanding of:

  • Detailed Risk Management Processes
  • PMBOK activities, inputs, outputs and tools
  • Tribal knowledge
  • Using the AbyssPM Program Control Register

At the end of this course the student will be able to:

  • Understand all risk processes
  • Identify PMBOK risk activities, inputs and outputs
  • Understand PMBOK preferred risk tools
  • Utilize risk registers
  • Apply tribal knowledge best practices to risk

For students who have their PMI certification(s), they can receive 15 PDUs for this course

Who Benefits from this course:

  • Project managers
  • Program managers
  • Team leaders
  • Subject matter experts
  • Solution architects
  • Financial analysts
  • Business analysts
  • Program management office managers
  • Project quality managers
  • Proposal team leadership

Course outline:

  • Introduction
  • Plan Risk Management
  • Identify Risks
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Plan Risk Response
  • Residual Risk Analysis
  • Risk Budgeting
  • Monitor and Control Risks
  • Closeout Risk Management
  • Summary