Project Risk Management Planning
Master the development of effective project risk management plans using expert judgment and proven strategies for risk identification and mitigation.
Master the development of effective project risk management plans using expert judgment and proven strategies for risk identification and mitigation.
This comprehensive course focuses on developing robust project risk management plans to identify, assess, and manage project risks effectively. Students learn to create detailed risk registers, apply cognitive psychology insights to risk assessment, and develop appropriate risk response strategies. The curriculum covers fundamental risk management concepts, probability assessment, expert judgment techniques, and various approaches to risk transfer and mitigation. Special emphasis is placed on practical application of risk management principles in complex project environments.
4.6
(7 ratings)
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English
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What you'll learn
Build comprehensive project risk management plans
Develop and maintain detailed risk registers
Apply expert judgment techniques to assess risk probability and impact
Implement effective risk response and mitigation strategies
Utilize cognitive psychology insights for better risk assessment
Skills you'll gain
This course includes:
PreRecorded video
Graded assignments, Exams
Access on Mobile, Tablet, Desktop
Limited Access access
Shareable certificate
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Top companies offer this course to their employees
Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.
There are 5 modules in this course
The course provides a thorough foundation in project risk management, focusing on the development and implementation of effective risk management plans. Students learn to identify potential project risks, create comprehensive risk registers, and apply expert judgment techniques for risk assessment. The curriculum covers probability estimation, cognitive biases in risk assessment, and various risk response strategies including avoidance, mitigation, and transfer. Special attention is given to contemporary lessons from cognitive psychology and behavioral economics in risk assessment.
Risk Concept Introduction
Module 1
Risk Management Planning
Module 2
Probability Assessment
Module 3
Judgment in Risk Assessment
Module 4
Risk Response Strategies
Module 5
Fee Structure
Instructor
3 Courses
Leading Expert in Civil Infrastructure Risk Analysis and Geotechnical Engineering
Dr. Gregory B. Baecher serves as Glenn L. Martin Institute Professor of Engineering at the University of Maryland, where he has established himself as a pioneering researcher in infrastructure risk assessment and reliability engineering. After completing his BS in Civil Engineering from UC Berkeley and PhD from MIT, he has built an extraordinary career spanning academia and industry, including roles as Professor at MIT and President of ConSolve Inc. His work focuses on developing probabilistic methods for assessing civil infrastructure safety, particularly in geotechnical and water resources engineering. As a member of the National Academy of Engineering and distinguished member of the American Society of Civil Engineers, he has significantly influenced the field through four books and over 200 technical publications. His expertise particularly shines in risk analysis of constructed facilities, demonstrated through his extensive consulting work with government and industry on dam safety and coastal protection. Through his research and leadership roles, including serving as Department Chair at Maryland's Civil and Environmental Engineering department, he continues to advance the field while earning numerous honors including the Terzaghi Lecture Award and the Commander's Award for Public Service from the US Army Corps of Engineers.
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Frequently asked questions
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