pm584 | Graduate

Project Risk Management

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This course applies risk management concepts to project execution. Students will create contingency plans for a project. Other topics include risk identification, qualitative analysis, quantitative analysis, response planning, monitoring & control, and proactive planning.

This graduate-level course is 6 This course is available to take individually or To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 6

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    Advanced Forms of Risk Management and Proactive Planning

    • Assess real-world risk management applications.
    • Determine measures that can be used to mitigate risks.
    • Devise a project risk management plan.

    Fundamentals of Risk Identification

    • Explain the framework for risk identification.
    • Describe fault tree and event tree risk identification techniques.
    • Determine project risks.
    • Identify elements used in documenting project risks.

    Process of Qualitative Risk Analysis

    • Evaluate risk scope and severity using qualitative analysis.
    • Perform an overall risk assessment using a risk matrix.

    Process of Quantitative Risk Analysis

    • Calculate project risk factors.
    • Quantify the risk matrix in terms of cost, schedule, and performance.
    • Prioritize risk factors.

    Preparation for Risk Response Planning

    • Determine project risk management procedures.
    • Determine responses to potential risks.
    • Create risk action plans.

    Implementing Risk Monitoring and Control

    • Determine risk monitoring procedures and their links to other processes.
    • Analyze project risk reporting requirements.
    Tuition for individual courses varies. For more information, please call or chat live with an Enrollment Representative.

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    Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. Please speak with an Enrollment Representative today for more details.

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    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.