Reducing Risk and Enhancing Opportunities

We live in a world of change and uncertainty. Now, more than ever, the success of a project is dependent on the ability to identify, qualify, quantify, and manage threats and opportunities.

Sometimes, organizations view potential undesirable outcomes as something that should not be discussed to avoid negativity or because they do not appreciate the importance of risk management. Other organizations value risk management but they lack the skills and knowledge to be effective in this crucial area of competence.

This course looks at risk identification, qualitative and quantitative techniques to identify the likelihood of a risk occurring and the impact if it does. A variety of risk response strategies are discussed and practiced during workshop exercises. Upon course completion, you will be more confident in your ability to manage uncertainty.

Learning objectives

You will gain the practical skills to:

• Apply a common framework of risk management
• 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
• Analyse risks and select response strategies appropriate to priorities and an organization’s risk tolerances
• Use expected monetary value to assess the reasonableness of risk response strategies

Who should participate?

This course is appropriate for project managers and team members who already work in a well established project management environment but wish to improve their project risk management processes; and for members of a project team looking to "jump-start" their risk management on a new and risky project.

Program details

Looking for custom-built training for your employees? Learn more about our customized training solutions.

Group Discount: Send 3 or more participants from your company and receive a 10% discount. Contact an account manager for more information.

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Instructor

Janice Petley has over 20 years of project management experience. Her typical assignments are definitely project management, but are anything but "typical". Her experience spans a wide range of projects: from classical theatre at the Stratford Festival and symphony concerts in the United States, to stadium and arena opera productions in cities such as Tokyo, Munich, and Brussels. Whether it was a large sporting event at the Rogers Centre or an opera with a cast of 1000 in a bull ring in Madrid, Janice has worked on high risk, innovative, challenging projects. As many of her events were broadcast live-to-air both nationally and internationally, she fully understands the necessity of flawless project execution.

Janice has extensive experience with projects whose core deliverables focused on marketing, corporate communications, employee rewards, team building, and training and education. She has managed projects for many high profile corporate clients including CIBC, Chrysler Canada, Telus, and BMW. The not-for-profit client list includes the Muscular Dystrophy Association, Canada Games, and Special Olympics International.

She holds a BA from the University of Western Ontario, a BEd from Queen’s University, an MBA, and is designated as a Project Management Professional and a Certified Agile Project Manager.

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