Project Management Foundations: Risk
1h 17mIntermediate2022-06-16
Authors

Bob McGannon
PMP and PRINCE2 Certified Consultant, Author, and Speaker
Course details
Without risk, there can be no reward. But if not managed properly, risk reduces your ability to achieve your project's goals and could derail it altogether. In this course, author and PMP Bob McGannon shows you how to anticipate, assess, and manage project risk, whether your project is large or small. Bob explains how the PMBOK seventh edition deals with risk and why managing risk is so critical for project success. Discover how to gauge your stakeholders' tolerance for risk, assemble a risk plan, build a risk register, and maintain project continuity as risks crop up.
Skills covered
Project Management SkillsProject ManagementFoundations
Concepts
0. Introduction
- 01 - Project risk - A battle of resiliency
1. Risk Characteristics and Planning
- 02 - Project risk - A product of uncertainty
- 03 - Incorporating risk in a complex environment
- 04 - Managing risk, ambiguity, and project stakeholders
- 05 - Dealing with volatility in a project environment
- 06 - The components of a project management risk plan
2. Risk Outcomes - Threats and Opportunities
- 07 - Project risk identification methods
- 08 - Project threats
- 09 - Project opportunities
3. Tailoring Project Uncertainty
- 10 - Understanding risk appetite and tolerance
- 11 - Determining project risk analysis level
- 12 - Budgeting for risk
- 13 - Project vs. task risk
4. Strategic Risk Management
- 14 - Managing project risk strategically
- 15 - Managing unknown unknowns
- 16 - Identifying risk triggers
- 17 - Uncertainty of requirements and technology
5. Optimizing Risk Responses
- 18 - The PM risk standard
- 19 - Challenge - Staffing uncertainty
- 20 - Solution - Staffing uncertainty
- 21 - Challenge - Requirements volatility
- 22 - Solution - Requirements volatility
- 23 - Challenge - Technology deployment
- 24 - Solution - Technology deployment
Conclusion
- 25 - Your risk management toolkit
Related courses
- Project Management Foundations: Small Projects
- Project Management Foundations: Procurement (2019)
- Supply Chain Foundations: Project Management
- AI for Project Management: Managing Risk with Generative AI
- Project Management Simplified
- Project Management: Technical Projects (2021)
- Transforming Project Management with AI Agents (2025)
- Adaptive Project Leadership
Related learn paths
- Getting Started as a Project Manager
- Advance Your Skills as a Project Manager
- Career Essentials in Project Management
- Explore a Career as a Supply Chain Manager
- Develop Your Skills as a Healthcare Project Manager
- Develop Your Skills as a Project Scheduler
- Operations Management Professional Certificate by Jack Welch Management Institute
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