Skip Navigation
If you can't find what you are looking for,
please call us at 703-993-2109.

Home >> Programs >> Project Management
   

PMP 0406: Managing Project Risk

New Courses:
  Financial Analysis For Managers
PMI® Methodology Integration with Microsoft Project 2007
Measuring Project Performance Through Earned Value Management

Course Description
Features
Topic Highlights
Certificate Program
Course Completion Requirements
PDU and CPE Information
Who Should Attend
Instructors
Evaluation Comments
Related Courses

Image of a professional team working together

COURSE DESCRIPTION

Projects, regardless of scope, contain many unknowns. Risk is concerned with an event, the probability of the event occurring and the significance of the consequence of that occurrence. Project risk involves understanding potential problems and opportunities that might occur in a project and how they might impede project success. Risk management can be viewed as either a form of insurance or as an investment. Project failure may lead to significant financial impact or physical injury and often can be on a large scale. Therefore, managing project risk from the beginning of a project is a critical part of successful project management.
 
Registration
Click here to download the registration form.
Schedule
March 31-April 1, 2010 (Wednesday-Thursday)
  • Time: 8:30 AM-4:30 PM
  • Location: HRN     Status: Open


  • Fee

    $995.00

    CEUs
  • 1.3 CEUs
  • 13 Contact Hours
  • Onsite Opportunity

    This course is also available on a contract basis and can be tailored to suit your organization's needs. Please contact us to discuss your onsite opportunity.

    Contact Info.
    Herndon Training Center at CIT
  • Online contact form
  • Address:
      George Mason University
    Office of Continuing Professional Education
      2214 Rock Hill Road, Suite 400
      Herndon, VA 20170-4213
  • Telephone: 703-993-4800
  • Fax: 703-993-4811

  • The Managing Project Risk class participants learn various techniques for assessing and managing risk, and learn how to "Crash" (i.e., accelerate) a project. In addition to standard techniques, such as Risk Severity matrix, participants learn how to effectively apply advanced concepts such as Monte Carlo simulation. Simple, but comprehensive, matrices identifying potential risk events are provided as a guide. In addition, the participants learn how to develop backup and recovery plans.

    FEATURES

    George Mason University's Project Management Certificate is designed with many options. Courses are scheduled throughout the year and can be taken individually or as part of the Project Management Certificate Program to earn a George Mason University Certificate of Completion. In addition, this program can be scheduled for group training at your site, at your convenience, through contractual arrangements. Contact us at 703-993-4800 for current course schedules, to register, or to discuss onsite possibilities.

    TOPIC HIGHLIGHTS

    Topics discussed during the two-day workshop include:

    • When to start, and how to plan, high-risk projects
    • Defining project scope, requirements and deliverables
    • Approaches to reduce the risk of complex projects
    • Defining what makes the project so complex
    • The five common elements of high-risk, complex projects
    • Developing recovery plans and management metrics
    • Selecting internal and subcontract resources
    • Unique financial management aspects of complex projects
    • Leading high-risk projects, and why normal management fails
    • Avoiding the cascade effect of small problems growing larger
    • Managing media coverage of high-risk projects
    • Developing cost-at-completion models
    • Creating and applying performance metrics
    • Negotiating subcontracts in a high-risk situation
    • Applying change control to an always changing environment
    • Documenting project status at completion
    • Obtaining stakeholder involvement and support
    • Working with the politics of complex projects
    • Securing project information from misuse

    CERTIFICATE PROGRAM

    This course is part of the Project Management Certificate Program, offered through a unique partnership between George Mason University and Business Performance Group.

    The Project Management Certificate Program provides you the opportunity to learn the basics of project management-how to plan, execute, control and complete projects. In addition, our Project Management core courses prepare you to take the PMP® Certification Exam offered by the Project Management Institute (PMI). PMI is the world's leading organization certifying and representing 60,000 project management professionals worldwide.

    After completing the Project Management core courses, you can take in-depth courses to further develop your project management skills. The advanced courses focus on key trends in managing projects and demands on the project managers. You will learn how to prepare project schedules, develop project measures and advanced approaches to project control; and how to develop, lead and motivate project teams. If dealing with risk and complexity is part of your work environment, you will learn both standard and advanced techniques to aid you. After successfully completing the four core courses and one elective, you will earn the George Mason University Certificate of Completion.

    COURSE COMPLETION REQUIREMENTS

    100% attendance and participation are expected from participants.

    PDU AND CPE INFORMATION

    George Mason University is a PMI® Global Registered Education Provider

    PMI, Project Management Institute, Registered Education Provider  
    PDU CREDITS:
  • Four-day seminars are recommended for 28 PDUs
  • Three-day seminars are recommended for 21 PDUs
  • Two-day seminars are recommended for 14 PDUs
  •  

    National Registry of CPE Sponsors   George Mason University, Office of Continuing Professional Education is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417.

    WHO SHOULD ATTEND

    No Prerequisites or Advanced Preparation Required. Level: Intermediate

    Managers and mid-level professionals who are faced with increasing pressures to improve organizational performance should take this course. This course is also intended for individuals who aspire to be project managers and recently assigned project managers. For existing managers, the course provides a refresher course on the state-of-the-art of project management. Course participants should have had some exposure to project management processes and techniques.

    INSTRUCTORS

    Please click here for instructor information.

    EVALUATION COMMENTS

    “I would recommend other managers/project managers to take this course because it provides a whole host of information concerning risk.” –Spring 2009 participant

    "Really enjoyed the class. It absolutely accomplished my key goal with was to get a "non-DoD" perspective on program management." -Fall 2007 participant

    "Great program" -Fall 2007 participant

     

    Spacer

     

    Copyright © George Mason University
    Office of Continuing Professional Education
    4400 University Drive, MS 2G2 · Fairfax, Virginia 22030 · 703-993-2109


    If you can't find what you are looking for, please call us at 703-993-2109.
    George Mason University Home Page Office of Continuing Professional Education Home Page