Course Category: Project Management
Course Duration: 2 Days
Hours: 14 PDUs (Professional Development Units)

Course Overview and Objectives

Processworks Software Project Risk Management is a one day course designed to impart knowledge and skills on Software Project Risk Management. The course aims to provide the participants with a comprehensive understanding of risk management concepts, strategy and deployment. Upon successful completion of this course, attendees will be able to:

  • Understand the importance and basics of Risk Management
  • Identify and classify risks in their projects
  • Analyze and prioritize project risks
  • Develop risk management plan
  • Control risks through planning and monitoring

Course Outline

Introduction to Risk

  • Typical Origins of Risks
  • Types of Contract-Related Risks

Project Risk Management

  • Generic Risk Management processes
  • Risk Classification
  • Risk Identification
  • Risk Analysis
  • Risk Response Planning

Risk Classification

  • SEI (Software Engineering Institute) Risk Taxonomy

Risk Identification

  • Techniques to Identify Risks
  • SEI Risk Identification Method

Risk Analysis

  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Risk Prioritization
  • Grouping Risks
  • Developing a Risk Register

Risk Response Planning

  • Risk Avoidance
  • Risk Mitigation
  • Risk Transference
  • Risk Acceptance
  • Contingency Planning

Risk Monitoring and Control

  • Risk Management Metrics

Risk Management Planning

  • Developing a Risk Management Plan
  • Risk Breakdown Matrix (RBM)

Software Project Risk Management

  • Specific topics related to software development

PMI PMBOK Risk Management Processes

  • Plan Risk Management
  • Identify Risks
  • Perform Qualitative Risk Analysis
  • Perform Quantitative Risk Analysis
  • Plan Risk Responses
  • Monitor and Control Risks

Who Should Attend

  • Project Managers and Team Leads
  • Project Sponsors
  • Functional Managers
  • Business Analysts
  • Systems Analyst
  • Software Group Managers
  • Quality Assurance Group Members
  • Validation Team Members

Deploying a Risk Management Program in your organization