Managing Risks in Project Environments

Too often, promising projects hit unexpected icebergs or miss valuable opportunities because of poor risk management. In this course, you’ll learn how to identify and manage risks that can impair any team’s ability to succeed.
Course info
Level
Advanced
Updated
Feb 12, 2021
Duration
2h 31m
Table of contents
Description
Course info
Level
Advanced
Updated
Feb 12, 2021
Duration
2h 31m
Description

Managing risks and opportunities stands at the heart of every successful project initiative. Those that are unsuccessful in identifying risks and developing wise strategies for addressing them all too often find their promising project capsized, losing precious time and value that could’ve been preserved with a more watchful eye. In this course, Managing Risks in Project Environments, you’ll learn how to manage project risks effectively. First, you’ll explore the importance of risk management in projects, how to identify risk factors, and the kind of methods you have to choose from in managing those risks. Next, you’ll learn how to assess risks from a qualitative and quantitative perspective, and develop strategies to address them. Finally, you’ll discover how you can implement effective responses to risks and leverage potential opportunities. When you're done with this course, you’ll have the knowledge of why it’s essential to continuously monitor risk factors as project work progresses, in order to ensure risk responses are as effective as anticipated.

About the author
About the author

Casey has experience leading projects, analyzing challenges, and designing solutions in many fields, including healthcare, digital media, mobile app development and education. He's always in pursuit of new knowledge and loves to share what he learns along the way with others. To inquire about speaking engagements or consulting opportunities, and to learn more about his other ventures, visit http://CaseyAyers.com

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Section Introduction Transcripts
Section Introduction Transcripts

Course Overview
Hi, everyone. My name is Casey Ayers. Welcome to my course, Managing Risks in Project Environments. Managing risks and opportunities stands at the heart of every successful project initiative. Those that are unsuccessful in identifying risks and developing wise strategies for addressing them all too often find their promising project capsized, losing precious time and value that could have been preserved with a more watchful eye. In this course, you'll learn how to manage project risks effectively. First, you'll explore the importance of risk management in projects, how to identify risk factors, and the kinds of methods you have to choose from and managing those risks. Then you'll learn how to assess risks from a qualitative and quantitative perspective and develop strategies to address them. After that, you'll learn how you can implement effective responses to risks and leverage potential opportunities. Finally, you'll learn why it's essential to continuously monitor risk factors as project work progresses and the importance of ensuring risk responses are as effective as anticipated. By the end of this course, you'll better understand the pivotal role of risk management in project success and be better prepared to manage your project's risks effectively. Before beginning this course, you should be familiar with some of the principles of project management in order to better relate to the material that we'll discuss. This course is part of our series here at Pluralsight on project management skills, which can help you prepare for the PMP and other certification exams, as well as earn continuing education credit. It's also part of our series helping leaders guide their teams through agile transformation efforts and can be a great resource for you, even if you're just looking to learn more about project management. I hope you'll join me to learn more about how you can manage risks and capitalize on opportunities effectively with Managing Risks in Project Environments here, at Pluralsight.