At the end of this course delegates will be able to

1. Identify common IT project risks
2. Recognize the threats and opportunities on your project
3. Understand what qualifies as risk with IT projects
4. Learn the difference between negative and positive IT risks
5. Develop an IT risk management plan
6. Plan risk response methods for IT risks
   
   Understand the most common IT risk sources

1. Qualify and quantify IT risks
2. Create risk mitigation and contingency plans
3. Monitor and control project risks Overcome resistance from stakeholders and team members

Associate project managers, project managers, IT project managers, project coordinators, project analysts, project leaders, senior project managers, team leaders, product managers, and program managers.

Risk Foundation

1. Types of risk
2. Threats and opportunities
3. Common IT risks

Preliminary risk planning

1. Identify risk tolerance of stakeholders
2. Roles and responsibilities for risk
3. management
4. Risk management plan

Risk Identification

1. Conduct a risk workshop
2. Risk assessment matrix
3. Types and sources of risks
4. Triggers and symptoms of risk events
5. Cause and effect of risks

Risk Qualification

1. Risk probability and impact
2. Risk ranking and prioritization

Risk Quantification

1. Risk interviews
2. Risk ranking and prioritization

Risk Response Planning

1. Contingency plans
2. Managing risks through deference
3. Determine cost of risk and needed
4. contingency reserve
5. Develop risk response plan

Risk Management and Control

1. Change control
2. Update the risk response plan
3. Corrective actions
4. Workarounds

Dealing with Problems

1. Communicating negative information