Advanced Risk Management Certification – A Strategic Execution Excellence Leadership Workshop – 8 PDUs

Advanced Risk Management Certification (CARM)

16 PDUs

Risk is all around us. Every day we manage risk in our personal lives – we teach our children not to run into the street without looking both ways; we plan commutes to allow us to arrive at appointments on time; we buy extra groceries when bad weather is expected.  The steps we take to mitigate the risk of pandemics.  It seems to be second nature. But is it?Failure to identify, accurately assess and manage risks throughout projects is a primary reason for project failure, which often expands to brand and business failure. Some team members don’t want to be perceived to think negatively of their project, stakeholders, or organization; while others identify risks at the beginning of the project and don’t ever discuss or act on them afterwards. It is every leader’s responsibility to ensure a proper assessment and that monitoring of risk occurs throughout the life of the project, and that stakeholder needs and expectations are properly managed.Completion of PMLG’s Certificate in Advanced Risk Management ensures your organization that you are able to facilitate a risk process that will engage your entire team and share the accountability for risk management throughout your project which protects your project, program, client and business from failure. Using our immersion training techniques, we will delve into advanced quantitative risk techniques to demonstrate how historical financial impacts of issues can be used to help guide decision making. Working in teams and using a challenging case study, our two-day session includes:
  • Overview of Project, Program and Portfolio Risk Management
  • Organizational and Brand Risk Management
  • 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
  • Agile and Hybrid Risk Management
  • 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 Use