One-day New Zealand Institute of Management professional development programme
Significant accomplishments are rarely possible without taking risks. Today’s projects are more time constrained, pose greater technical challenges, and are less likely to have adequate resourcing than in the past. With these constraints comes risk.
This programme introduces best practice project risk management and familiarises participants with selected tools and techniques for better analysing and responding to project risk in order to deliver results that meet stakeholders’ needs.
Those who propose to manage or are managing projects, and wish to develop their ability to manage risk to improve project performance.
Understand the importance and benefits of effective project risk management and be familiar with the associated terminology, purposes, barriers, critical success factors, and psychological considerations
Understand how to integrate the risk management process with their project life cycle, be able to apply the project risk management process and principles, and understand attitudes to risk including individual and organisation risk tolerance thresholds
Be able to prepare a basic project risk management plan, establish a risk register and risk reporting methods, recognise common sources of project risk and be able to identify, register and categorise risks using a variety of techniques, and recognise, document and validate assumptions
Be able to undertake qualitative and selected quantitative analysis to estimate risk impact and probability using a variety of tools and techniques
Understand risk response categories and how to develop appropriate specific responses to manage risk (both threats and opportunities) and prepare, justify and implement time and budget contingencies
Understand the main types of contracts used for outsourcing project work and for project resource procurement and their associated risk characteristics
Be able to implement risk responses, monitor, control and assess risk response effectiveness, and manage residual and secondary risk throughout the project life cycle to post-project risk evaluation
Understand how to undertake a project risk audit, update the organisation’s risk database, and apply a basic risk management maturity model to achieve continuous improvement.
In addition to the programme course notes, participants will receive a copy of “Managing Murphy” by Dr Jim Young.
Jim is a Project Management Professional (PMP) and PRINCE2 Practitioner who holds a MBA in International Management and a Doctoral degree in Business Administration.
Jim served as a career officer in the NZ Army, and then managed a commercial transport organisation, after which he joined NZIM Central, becoming their Principal Consultant before establishing his own company.
Jim has developed and delivered a wide variety of training programmes for 22 years to over 100 organisations in New Zealand and overseas.
Jim is respected as a capable, knowledgeable, practical and enthusiastic presenter.
$ 600.00 + GST for members
$ 750.00 + GST for non members
Terms & Conditions