Risk Management 101
Course Description Risk Management 101 rapidly delivers content applicable to the every-day project risk management. Knowledge gained from this course can be used on projects immediately. Upon completion, participants will be able to:
  • Plan and strategize how to manage risks with a team or with stakeholders
  • Determine Risk Management Methodology that is appropriate for the project. Define Risk Management processes, tools and techniques.
  • Identify responsibility of project manager and project stakeholders in Risk Management.
  • Create key Risk Management documents and templates (e.g., Risk Register, Risk Management Plan).
  • Implement newly learned Risk Management concepts in project work for better results.
  • Apply Risk Management concepts to real-world scenarios and effectively manage project risks.
  • Online mentorship – mentorship is included with this product at no additional cost. Simply contact your mentor via e-mail with questions.
  • A final 30 minute test – 25 practice test questions to assess knowledge gained. This practice test at the end of the course is graded. Passing grade is 70% or above. Participants can re-take the practice test as many times as needed within the online access period. Test results include answer rationale.
  • Contact Hours/Professional Development Units (PDUs) – This course is a registered course with the Project Management Institute (PMI®) and is eligible for 4 contact hours/professional development units (PDUs). Participants studying for the Risk Management Professional (PMI-RMP®) exam or Project Management Professional (PMP®) exam can claim the 4 contact hours earned to satisfy eligibility requirements for the PMP® exam.
  • Project managers seeking to maintain their PMI-RMP® or PMP® certifications can claim the 4 PDUs earned to satisfy continuing Certification Requirements.
  • Certificate of Completion – A certificate of completion is issued to participants upon completion of the course with a passing grade of 70% or above on the practice test.
Our online self-study is a great delivery method for participants who prefer the do-it-yourself approach. Study at your own pace with 24 hours a day, 7 days week availability.
Learning Objectives Our project management training is designed to help participants prepare for the PMI-RMP® exam, PMP® exam or simply serve as a refresher for project managers out of touch with changes to the PMBOK® Guide who seek to maintain their PMP® certification.

In our risk management training system, participants will learn:

  • What the risk management is from a project management perspective.
  • Risk management responsibilities of the project manager.
  • Risk management methodology advocated by the Project Management Institute (PMI®) in the PMBOK® Guide Chapter 11.
Upon completion of our  training course, participants will be able to:
  • Accurately define the processes of the risk management knowledge areas, inputs, outputs, tools, techniques and other key risk management terminology.
  • Create essential risk management plan documents (e.g. risk management plan, risk register and risk breakdown structure).
  • Plan and strategize how to manage risks with a team or with stakeholders.
  • Determine Risk Management Methodology that is appropriate for the project. Define Risk Management processes, tools and techniques.
  • Identify responsibility of project manager and project stakeholders in Risk Management.
  • Create key Risk Management documents and templates (e.g., Risk Register, Risk Management Plan).
  • Implement newly learned Risk Management concepts in project work for better results.
  • Apply Risk Management concepts to real-world scenarios and effectively manage project risks.
  • Gauge understanding of risk management.
Students are advised to obtain a copy of the PMBOK® Guide which is the study guide referenced throughout this course. 

CURRICULUM

PART 1 – 6 PROCESSES OF RISK MANAGEMENT (2.5 HOURS)

  1. Plan Risk Management Process
  2. Identify Risks Process
  3. Perform Qualitative Risk Analysis Process
  4. Perform Quantitative Risk Analysis Process
  5. Plan Risk Responses Process
  6. Control Risks

PART 2 – CLASSROOM RECAP OF PART 1 (1 HOUR) Classroom recap version of PART1 – Classroom video with live-instructor

PART 3  – FINAL QUIZ  (0.5 HOUR) Risk management test (20 Questions in 25 Minutes) Students must pass this test before 4 PDUs or contact hours are awarded for this course

Recommended Texts

  • The PMBOK® Guide Fifth Edition (Chapter 11) – this can be purchased via Amazon or the PMI® website. If you are a PMI® member, this is also available to you by free download.
  • PMI® Standard for Risk Management (also available on Amazon or the PMI® website)
  • Students are advised to read both standards before the final quiz
The course also contains additional papers and examples for further reading.
Product Delivery
  • Our online self-study is a great delivery method for participants who prefer the do-it-yourself approach. Study at your own pace. Pay as you go per month.
  • Within 24 hours of payment, participants will receive a username and password to enable access to the online course.
Students are advised to obtain a copy of the PMBOK® Guide Fifth Edition which is the study guide referenced throughout this course.
Course Format
  • Flash (audio-visual)
  • Quicktime (audio-visual)
  • PDF (text)
  • wmv (audio-visual)System Requirements
  • Windows PC (Windows 2000 or higher)
  • Recent Mac with Safari browser
  • Internet connectivity: reliable broadband internet connection such as cable modem, DSL or office network capable of at least 450 kbps
  • MS Internet Explorer Browser 5.5 or more recent
  • Disable pop-up blockers
  • Active X scripts must be enabled to watch the videos
  • Enable autorun executables (exe files)
  • Flash Reader
  • Quicktime 6.0 or higher
  • Windows Media Player 9 or 10
Click here to view sample video to ensure system compatibility

lms6-300x198
lms41-300x198
lms-300x215
Terms of Service

  1. The subscription commences from the first 24 hours of you receiving your registration username and password. Users should keep this reference email to keep track of the time left for yout subscription.
  2. Users MAY NOT share an online learning account or practice exam for any reason whatsoever. Sharing your username and password is strictly forbiden. Should multiple users be detected on an account, it will be closed immediately without refund.
  3. Users MAY NOT lease their account to others or use their account for sublearning and instruction of others. This is strictly forbiden.
  4. Ensure that your computer system is compatible with your course of study. Ensure the sample tutorial can be viewed on your system before making a purchase as no refunds will be given.
  5. Users must take the MOCK Exams themselves and it is expected to be a closed book exam. Violation of any of these terms also amounts to a violation of your code of ethics as a prospective PMP® Exam Candidate.

Click here to view sample video to ensure system compatibility

This course is available for 90 days The subscription commences from the first 24 hours of you receiving your registration username and password. Users should keep this reference email to keep track of the time left for yout subscription.

Price: $100