Project Risk Management

Instructor by : Oktri M. Firdaus   OUTLINE MATERI 1. Risk Basics

• The Definition of a Risk
• Risks versus Uncertainties, Facts, and Concerns
• Exercise: Identifying Risks
• Risks and the Project Life Cycle
• Risk Management Goal
• Risk Management Processes

2. Plan Risk Management

• Understanding Risk Tolerance
• Exercise: Stakeholder Risk Tolerance
• Roles and Responsibilities
• Known and Unknowns
• Identifying Reserves
• Inside the Risk Management Plan
• Workshop: Preliminary Risk Management Plan
• Workshop: Known and Unknowns

3. Identify Risks

• Involving Stakeholders
• Challenges
• Approaches to Categorizing Risk
• Developing Questions
• The Risk Register
• Workshop: Risk Categories and Risk Identification Questions
• Workshop: Creating the Initial Risk Register

4. Analyzing Risks  

• Probability and Impact
• Types of Scales
• Risk Score
• Probability and Impact Matrix
• Expected Monetary Value (EVM)
• Recommending Contingency
• Workshop: Calculating Risk Scores and Ranking Risks
• Additional Risk Details
• Triggers
• Priority of Project Constraints
• Root Cause
• Owners
• Workshop: Detailed Risk Analysis

5. Plan Risk Responses

• Responding to Threats ; Avoid, Transfer, Mitigate
• Responding to Opportunities ; Exploit, Share, Enhance
• Accepting Risks
• Contingent Response Strategies
• Risk Management and Project Baselines
• Expected Monetary Value and Decision Trees
• Workshop: Calculating EMV and Constructing a Decision Tree
• Workshop: Risk Response Strategies

6. Monitor and Control Risks

• Revisiting the Risk Register
• Secondary Risks
• Exercise: Identify Secondary Risks
• Residual Risks
• Exercise: Identify Residual Risks
• Risks and Issues
• Workshop: Monitoring and Controlling Project Risk

  TRAINING METHOD Presentation Discussion Case Study Evaluation   FACILITY Training Kit Handout modul Sertifikat Lunch + 2 X Coffee Break Souvenir Pick up participants