Advanced Risk Management Certification (CARM) – 24 PDU’s

Failure to identify, accurately assess and manage risks throughout projects is a primary cause for project, program and strategic failure.  It is our role as leader to ensure proper identification and mitigation of risks or threats.

Many of the most significant risks organizations face originate in third-party and vendor relationships. Leaders responsible for outsourcing, contracting, or staff augmentation must apply the same disciplined risk identification and mitigation practices to vendor performance and contractual obligations. For deeper coverage of vendor and contract management practices, explore our Vendor Management Training.

Completion of PMLG’s Certificate in Advanced Risk Management ensures that you have the knowledge, skills, experience, and confidence to identify and respond to all risks. Using our experiential-based immersion training approach, we will delve into advanced quantitative risk techniques to demonstrate how historical financial impacts of issues can be used to help guide decision-making.

Topics covered in this exciting certification program include:

• Overview of Project, Program, and Portfolio Risk Management
• Inherent, residual, and secondary risks
• The Role of the Stakeholder Analysis and Work Breakdown Structure in Risk Planning
• Creating an “Envelope” of Outstanding Risk Management
• Efficiently and Effectively Conducting Risk Assessments
• Qualitative Risk Assessment
• Quantitative Risk Analysis Tools and Techniques
• Risk management in Agile and Hybrid project environments
• Expected Monetary Value
• Decision Tree Analysis
• Risk Prioritization and Assigning Risk Response Ownership
• Risk Response Planning
• Risk Responses for Positive and Negative Risks
• Incorporating Risk Response into Schedules and Budgets
• Best Practices in Risk Monitoring and Control
• Conducting Risk Impact Analysis During Schedule Compression and Change Control
• Discussing Risks, Potential Impacts, and Needs with Key Stakeholders
• Capturing Risks and Issues During Lessons Learned for Future Planning