CCID 618G - Managing Project Risk
Course Description
This 2-day course explores quantitative and qualitative techniques to identify and analyze project risk factors (risk event, event probability, and event impact). A variety of risk response choices are discussed, and risk identification and risk response are practiced in workshop groups. Quantitative techniques are applied to problems, but don’t worry, advanced mathematics is not used!
Course Outcomes:
- Apply a common framework of project risk management of the Project Management Institute
- Value the importance of including risk management in project planning and execution
- Facilitate team discussions to identify project risks and opportunities, and formulate risk responses
- Use expected monetary value
- Describe other techniques such as decision trees, Delphi method, and Monte Carlo simulation, and when they are applicable
- Analyze risks and select response strategies appropriate to priorities and organization risk tolerances.
Who should attend?
The Managing Project Risk course is appropriate for individuals who are:
- Project Managers and team members who already work in a well established project management environment but wish to improve their project risk management processes
- Members of a project team looking to “jump-start” their risk management on a new and risky project
About the Instructor:
Morley Selver, B.Sc., P.Eng., IPMA-B, earned his Bachelor of Science degree in Civil Engineering in 1973 from the University of Manitoba. He has worked in industry, with and for consultants, and has had his own consulting business and has over 25 years of experience in industrial plant project engineering. His industrial experience includes operations and maintenance, research and development, management of small to medium size plant projects, construction management of large industrial projects, mechanical installation of heavy industrial equipment, commissioning and startup of industrial plants, and plant management. He has also worked in operating pulp and paper mills, oil refineries, on North Slope oil projects, board plants, and the recycling industry in various locations across Canada and the USA.
Course Details:
This course includes materials and catered lunch. Please notify us if you have any food allergies and we will accommodate.
We are especially grateful to live, work, and play on the traditional territories of the Lekwungen (Songhees, Esquimalt), Malahat, Pacheedaht, Scia'new, T'Sou-ke, and WSÁNEĆ (Pauquachin, Tsartlip, Tsawout, Tseycum) peoples. We acknowledge their welcome and graciousness to the students who seek knowledge here.
