Real-time Strategies for Identifying and Mitigating Project Risk

Every project is risk-prone and risk complexity and treatment vary from project to project. Risk management is an iterative process and this course will teach you how to approach it proactively to eliminate or reduce the impact risks may have.
Course info
Rating
(11)
Level
Beginner
Updated
Sep 10, 2018
Duration
1h 37m
Table of contents
Description
Course info
Rating
(11)
Level
Beginner
Updated
Sep 10, 2018
Duration
1h 37m
Description

There is not a single project nor a single industry that is risk-free. This course, Real-time Strategies for Identifying and Mitigating Project Risk, will help you learn how to approach the risk management process proactively. First, you will discover that risk management is an iterative process. Next, you will learn how to evaluate risks, create a probability and impact matrix, and set priorities for each evaluated risk. Finally, you will determine the way to come up with a plan B and define the contingency budget. When you are finished with this course, you will have a foundational knowledge of the risk management process and its influence on the project/product development.

About the author
About the author

Milena Pajic has more than a decade-long career in IT industry, leading distributed teams and managing projects on the international level. Software developer by education, she dug deep into the code, earned significant hands-on experience and learned the rules of the game

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Section Introduction Transcripts
Section Introduction Transcripts

Course Overview
Hi all, my name is Milena Pajic. Thank you for joining me on my course, Real-time Strategies for Identifying and Mitigating Project Risk. I am a Master of Computer Science, PMP Certified Professional, Professional Scrum Master, and a true Kanban evangelist. My mission is to drive teams towards successful deliveries. Certainly, we are all aware that there are neither risk-free projects nor industries. Risk complexity and impact vary from project to project, and so does their treatment. This course will help you learn how to approach the risk management process proactively and iteratively. Some of the main topics that we will cover include identifying risks and developing a risk registry for a project, evaluating risks and creating a probability and impact matrix, creating a risk mitigation plan, and developing a contingency plan, or plan B. By the end of this course, you will have a solid foundation of how to monitor and manage risk and be aware of its influence on the project or product development. The audience that is in or close to IT, IT business professionals familiar with project or product management basics, junior managers looking to move their career in IT project or product management direction can benefit from the real-life examples and scenarios. We'll follow a software product development team through each project iteration and see the tangible outcomes that you could apply to your project. I truly hope you'll find this course valuable and adapt the principles of iterative risk management, and embrace the opportunity to expand your skillset.