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Description

Welcome to the Comprehensive Project Risk Management Course!
Unlock the secrets of successful project delivery with this Project Risk Management course, meticulously crafted from years of hands-on experience managing projects for industry giants like Oracle, Magna, SAP, Gazprom, FIS, EFES, and more.
This Risk Management course is made based on my extensive experience in major global corporations like Oracle, Magna, SAP, Gazprom, FIS, EFES and many more.
This Project Risk Management course covers standard Project Risk Management methodology as defined by PMI standard for Risk Management. It is however, designed to be practical as well as theoretical. So it follows logical flow of Project Risk Management during the project delivery. Upon successful finish of this course you will earn 12 PMI PDUs - for PMI PMP RMP renewal, as well as for other PMI certifications.
Significant part of this Project Risk Management course is focused on strategic Project Risk Management. This type of Project Risk Management, based on my experience, is done exclusively in big, multinational corporations, with Global PMO in place and even with a Risk Management Office (Oracle,SAP, Accenture and IBM...)
You will learn how to manage Project risks, how to define project complexity level and project exposure to risk. You will gain a deep understanding of these concepts and how and why it is used in major global corporations. As course progresses, you will learn about contracting and importance of your engagement as a Project Manager during the contract negotiations. Knowing and understanding contracting is highly beneficial knowledge to have a Project Manager as it is a major differentiator between average and top class project manager.
You will then learn how to conduct negotiations as a Project Manager and how to secure project success and minimize project risk exposure using proven negotiation tactics and strategies. You will be able to negotiate towards avoidance of major red flags and possible pitfalls before the project even start. You will be confident and competent negotiator because you will know exactly what you need, what is important and how to influence decision makers to accept your approach and strategy for project delivery.
After you finish this Project Risk Management training your overview on the projects will change and shift towards more strategic oversight and planning. You will be able to see the bigger picture, look further in future to anticipate and prevent risks that could impact project success. With your insights and viewpoints, you will definitely bring immediate value to the organization you work in. You will be able to manage several projects at the same time with less stress as you will define project risks upfront and make optimal decision on how to deal with them. You will be able to manage multiple partnership/vendors/subcontractors as well.
You will be better in project negotiations as you will know what you need to negotiate in order to secure project success. You will have a deeper understanding of needs and wants from Key Stakeholders on your projects and how to influence them in making decisions that will support success for your project. You will be able to provide support to your less experienced fellow project managers. And many more improvements, even in your private life, as you will manage your life goals in a much better way.
This Project Risk Management course will set you apart from the average project manager and the correct use of the tools and techniques learned here will make you a highly valuable employee in your organization and increase your chance of career advancement.
And some time after the training, when you deliver several projects with the knowledge you gained in this training, you will most probably move on to either projects with high strategic value as you will be recognized as “the one who delivers”, or you will move on to the higher project management positions. You can plan career move to Business Development, Portfolio Management, PMO or Solution Delivery Management Field.
This Project Risk Management course is intended for Project Managers with some experience in managing projects, but it is not mandatory as I explain all of the concepts in detail. However, basic knowledge of project management theory is highly desired. I use concepts like WBS, Network diagram, Schedule without detailed explanation what they are.
Key Highlights:
Practical & Theoretical Approach:
Our course seamlessly blends theory with real-world practicality, following the logical flow of Project Risk Management throughout project delivery.
PMI Certification Ready:
Successfully complete the course and earn 12 PMI PDUs, applicable to PMP and RMP renewals, as well as other PMI certifications.
Strategic Focus:
Delve into the strategic aspects of Project Risk Management, a crucial skill employed exclusively by major multinational corporations with Global PMOs and dedicated Risk Management Offices.
What You'll Gain:
Risk Management Mastery:
Learn to manage project risks, assess project complexity, and understand project exposure to risk.
Contracting Expertise:
Acquire valuable knowledge on contracting and enhance your engagement as a Project Manager during negotiations.
Negotiation Skills:
Develop the art of negotiation, securing project success, and minimizing risk exposure using proven tactics and strategies.
Strategic Oversight:
Shift your perspective towards strategic oversight and planning, anticipating and preventing risks that could impact project success.
Career Advancements Await:
Immediate Value Addition:
Bring immediate value to your organization with insights and viewpoints gained from strategic Project Risk Management.
Enhanced Project Management Skills:
Manage multiple projects, partnerships, vendors, and subcontractors with confidence and efficiency.
Negotiation Mastery:
Negotiate with confidence, understanding the needs and wants of key stakeholders for successful project outcomes.
Your Journey Towards Excellence:
For Experienced Project Managers:
Perfect for seasoned Project Managers looking to elevate their skills, though basic project management knowledge is beneficial.
Career Growth:
Stand out from the crowd and position yourself for career advancement in Business Development, Portfolio Management, PMO, or Solution Delivery Management.
Unlock new possibilities in project management. Enroll to my Project Risk Management course and set yourself for success in the Project Management career!
Who this course is for:
Project managers / Delivery managers
Anyone with the desire to obtain PMI Risk Management Certification PMI RMP
PMO Director / PMO Employees
Sales managers / Account managers
Business development Managers
Team leaders
Legal / Contract specialist
Start up/SME owners

What you'll learn

Define Project Delivery strategy for successful achievement of project goals

Define optimal Contract type for your project specific demands

Learn how to conduct lessons learned and drive continuous organization and self improvement

Identify Risks so that no stone is left unturned

Know how to negotiate project contract to secure project success

Be on top of every problem, challenge and issue during the project delivery

Be the most relaxed and calm person on the project :) while you deliver success time and time again

Build confidence in your team and deliver the project as a true leader

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction
9
1.1-Introduction and Target Audience
1.2-PMI - RMP: Certification Information, Requirements and Test Structure
1.3-Get the most from the course
1.4-Lessons Learned
1.5-Lessons Learned - 5W Model
1.6-Personal experience advice on Lessons Learned
1.7-Major Reasons for Projects Failure
1.8-Why project failed?
1.9-Conclusion of Introduction
2-Use Case Project
8
2.1-Intro - Use Case project
2.2-Use Case Project Charter
2.3-Use Case Project Scope
2.4-Use Case Project - WBS
2.5-Use Case Project: Network Diagram - Schedule
2.6-Project Use Case Cost Breakdown
2.7-Project Exercise book - Download and use for the Course Assignment
2.8-Use Case Project: final remarks
3-Project Lifecycle Types
9
3.1-Intro
3.2-Predictive lifecycle
3.3-Iterative & Incremental lifecycle
3.4-Adaptive / Agile lifecycle
3.5-Hybrid lifecycle
3.6-Project Lifecycles Comparison
3.7-Project Lifecycle Selection
3.8-Define optimal project lifecycle
3.9-Outro
4-Contract Types
13
4.1-Intro Contract types
4.2-Contract & Common Contract Types
4.3-Fixed Fee contracts
4.4-Time and Material
4.5-Time and Material with a Cap
4.6-Fixed Fee + Time and Material
4.7-Fixed Fee / T&M with Incentives
4.8-Risk/Reward Contract
4.9-Risk Reward Contract success story
4.10-Revenue/Profit share contracts
4.11-Selecting the Contract type
4.12-Select contract type
4.13-Contract Types Overview
5-Risk management
18
5.1-Section Introduction
5.2-Risk Definition and Risk Attributes
5.3-Risk Management Process
5.4-Risk Management Plan
5.5-Risk Register
5.6-Risk Identification Process
5.7-Risk identification tools
5.8-Less common Risk Identification tools
5.9-Project SWOT analysis
5.10-Assumptions & Root Cause Analysis
5.11-Use Case Project: Identify Risks
5.12-Qualitative Risk Analysis
5.13-Use Case Project: Perform Qualitative Risk Assessment
5.14-Quantitative Risk Analysis
5.15-Risk Response Plan
5.16-Use Case Project: Perform Quantitative Risk Assessment and define risk owners
5.17-Risk Management Quiz
5.18-Recapitulation
6-Project Complexity & Risk Exposure
11
6.1-Section Introduction
6.2-Project Risk Exposure
6.3-Project risks exposure analysis
6.4-Use Case: Project Risk Exposure Analysis
6.5-Use Case Project - Risk Exposure Demo
6.6-Assignment #4: Perform Project Risk Exposure assessment
6.7-Project Complexity
6.8-Project Complexity Analysis
6.9-Use Case Project - Complexity Level Demo
6.10-Assignment #5: Perform Project Complexity level assessment
6.11-Outro
7-Mitigating Risks and Complexity
16
7.1-Intro
7.2-Project Constraints
7.3-Project Reserves Intro
7.4-Budget reserves
7.5-Schedule reserves
7.6-Resources Reserves
7.7-Scope reserves
7.8-Perform Reserves analysis and Risk Owners
7.9-Mitigation - Subcontractors
7.10-Lowering Project Complexity
7.11-Redefining Project delivery strategy
7.12-Subcontractors and Complexity
7.13-Resources and Complexity
7.14-Scope and Requirements
7.15-Assignment: Lowering complexity
7.16-Outro
8-Proposal and Contract
13
8.1-Intro
8.2-Proposal and Contract
8.3-Proposal Parts
8.4-Financials - Invoicing & Invoicing Criteria
8.5-Financials - Cost Breakdown & Cashflow
8.6-Financials - Payment Schedule
8.7-Use Case: Payment Schedule Examples
8.8-Payment Schedule and Milestones
8.9-Client/Vendor Obligations
8.10-Penalties
8.11-Assumptions
8.12-Assignment #8: Minimize Project Exposure to Risks
8.13-Outro
9-Negotiations
14
9.1-Negotiations intro
9.2-Negotiation Definition
9.3-Project Negotiations
9.4-ZOPA & BATNA
9.5-4 Forces of Negotiations
9.6-Negotiation process
9.7-Roles in negotiations
9.8-Project Manager role in negotiations
9.9-Negotiation strategies
9.10-10 Rules for Successful Negotiations
9.11-10 Negotiation mistakes to avoid
9.12-Negotiations
9.13-Negotiations outro
9.14-Negotiated Use Case Project
10-Risk Management and Project Execution
9
10.1-Intro
10.2-Monitor and Control Risks
10.3-Implement risk response plan
10.4-Use Case Project: Risks focused delivery
10.5-Risk Based Lessons Learned
10.6-Risk Based Lessons Learned - Examples
10.7-Use Case Project: Risk Based Lessons Learned
10.8-Risk Management Test
10.9-Outro
11-Putting it all together
10
11.1-Introduction
11.2-Project Preparation
11.3-Complete Risk Analysis
11.4-Mitigation & Response Plan
11.5-Negotiations - Stakeholders Influence
11.6-Project Delivery
11.7-Risk Management Terms - Glossary
11.8-Manage with Integrity
11.9-Course Conclusion
11.10-Bonus Lecture