Course Details
- Concepts of risk
- Risk in projects
- What is risk?
- Types of risk
- Risk management
- Project appraisal
- Simple payback
- Break-even analysis
- Discounted Cash-flow
- Non-financial factors
- Risk identification
- Risk identification process
- Inputs
- Tools & techniques
- Outputs
- Risk quantification – Part 1
- Risk quantification process
- Tools & techniques
- Impact assessment
- Decision making
- Sensitivity analysis
- Risk quantification – Part 2
- Probability theory
- PERT
- Monte Carlo simulation
- Probabilistic networks
- Response development
- Response development process
- Three response types
- Risk management plan
- Response control
- Response control process
- Inputs / Outputs / Tools
- Risk management plan
- Iterative cycle
- Implementing risk management
- Practical guidance
- Do’s & Don’ts
- Tips & recommendations