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IT Risk Management

Available Modalities:

  • e-Training
    Next Sessions: On-Demand

    Book Online

  • Public Classroom
    Next Sessions: Not Available in this Modality
  • On Site
    Next Sessions: At Your Facility

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SHOW CREDIT DETAILS
Delivery Method PDU Total Technical PMP/PgMp Leadership Strategy PMI RMP PMI SP PMI ACP PfMP PMI PBA
e-Training 28 28 0 0 28 0 0 0 0
Instructor-led Training 22.5 22.5 0 0 22.5 0 0 0 0
Virtual Instructor-led Training 22.5 22.5 0 0 22.5 0 0 0 0
Delivery Method e-Training Instructor-led Training Virtual Instructor-led Training
PDU Total 28 22.5 22.5
Technical PMP/PgMp 28 22.5 22.5
Leadership 0 0 0
Strategy 0 0 0
PMI RMP 28 22.5 22.5
PMI SP 0 0 0
PMI ACP 0 0 0
PfMP 0 0 0
PMI PBA 0 0 0
  • CEUs: 2.25
  • CPEs: 27
  • Field of Study: Management Advisory Services
  • PDUs: 22.5
Synopsis

The unique challenges of IT projects make it mandatory an IT project manager be a skilled risk manager. Risk will always exist in IT projects given the need to deal with challenging requirements and expectations, complex and ever-changing technologies and business needs, and aggressive schedules and budgets to support business success. However, it is not inevitable that risk management will be an impossible task that will result in your being viewed as reactive, or worse, unresponsive.

In IT Risk Management, delegates learn to look at risk management as a way to seize opportunities, minimise threats and achieve optimum results by working through the proactive approach to threat and opportunity— based on a clear understanding of the powerful nature of both qualitative and quantitative approaches to risk management.

Using effective tools, including Strategy Execution’s highly regarded risk assessment model, attendees learn how to evaluate and respond to risk at the project and task levels as well as how to apply these tools to analyse and classify risks, determine how to establish an acceptable level of risk and develop a practical risk response plan.

A multi-part case study takes participants from a risk overview at the beginning of an IT project through the challenges of ongoing assessment and reassessment of threats and opportunities throughout the project. They will leave this course prepared to face the challenges and opportunities of risk management and with new practices to apply in their own environment as well as new insights on the implications and advantages of applying risk management well.

Reminder: Participants taking this course should not take Risk Management.

Learn
  • Use a practical, eight-step process to manage IT project risk
  • Identify threats and opportunities and weigh their relative value in your project
  • Develop practical response strategies for common IT project risks
  • Overcome stakeholder and team member roadblocks to risk strategy implementation
  • Make risk and opportunity integral components of your next IT project plan

This course uses digital materials.

Topics
  • Analysis Fundamentals

    Probability and impact

    Presenting risk

    Descriptive

    Qualitative

    Quantitative

    Probability

  • Analysing and Prioritising Risk

    Determining risk tolerances

    Analysing risks

    Establishing and evaluating profitability

    Risk-based financial tools and techniques

    Expected-value analysis

    Decision trees

    Probability analysis

    Risks versus opportunities

    Prioritising risks

  • Developing Risk Responses

    Risk response strategies for opportunities and threats

    Risk acceptance, avoidance, transference and mitigation

    Establishing reserves

  • Introduction to Risk

    Definition and characteristics of "risk"

    Elements and factors of risk

    Types of risk

    Components of risk management

  • Risk Evaluation

    Reassessing risk

    Risk documentation

  • Risk Execution Evaluation and Update

    Risk response monitoring and control

    Execute risk strategies

    Contingency plans and workarounds

  • Risk Management Planning and Identifying Risk

    Risk management planning

    Risk Identification

    Idea generation tools and techniques

Sign up for this course now!