Targeted audience:
-Executive, financial, human resources, informatics technology, and projects managers.
-Risk analysts.
-Cost designers.
-Projects documenting managers.
-Team leaders and managers.
Training program goals:
-Risk management definition.
-The three sorts of risks and the concept of each.
-The goals of risk management.
-The steps in the risk management process.
-Distinguishing the three common risks to acknowledge risks.
-The ability to handle and face risks.
-Risk management activities.
-Planning how to handle risks and minimize its effects.
Contents & program outline:
-The definitions of project, program, and portfolio.
-Introduction to risk management.
-Ideal application of risk management.
-The important factors to reach risk management success.
-Projects risks' definition.
-Project risk management and stakeholders.
-Project manager’s roles in managing risks.
-Introduction to operation management, and risk management steps.
-Comparing operation management with diming PDCA model.
-Preparing risk management plan.
-Essential factors to implement the plan successfully.
-The role of managers in preparing the plan.
-The use of techniques and tools.
-Risk management plans components.
-Defining the forecasted risks.
-The goal beyond determining and forecasting the risks.
-Essential factors to determine and forecast the risks.
-Preparing risk records and documents.
-Case studies and practical training.
-Risk qualitative analysis.
-The goals of qualitative analysis.
-The essential factors for successful qualitative analysis.
-The used tools and techniques.
-The probability and effect analysis (P1).
-Information qualitative analysis, and time analysis.
-Risk classification record.
-Risk quantitative analysis.
-The goals of quantitative analysis.
-The essential factors for successful quantitative analysis.
-The used tools and techniques.
-Quantities risks value calculations.
-Using Expected Monetary Value tool (EMV).
-Using Monte Carlo Stimulation model.
-Using the decision-making tree method.
-Case studies and practical training.
-How to set risk handling plan.
-The goals of setting risk handling plan.
-The essential factors to implement the plan successfully.
-The used tools and techniques.
-The strategies to handle risks (Threats).
-The strategies to handle with advantages (Opportunities).
-The remaining and secondary risks concept.
-Case studies and practical training.
-Monitoring and controlling the risk handling performance, and risk plan implementation.
-Thee goals of monitoring and following risks.
-The essential factors to monitor successfully.
-The used tools and techniques.
-Determining and defining the risk alerts and indicators.
-Planning the financial reserve to face and handle risks.