DESCRIPTIONS

As Robert Kaplan, Emeritus Professor at the Harvard Business School, once said: “Managing risk is very different from managing strategy. Risk management focuses on the negative—threats and failures rather than opportunities and successes.” One of the most important aspects of project management is recognizing and reducing project risks. It entails using a structured methodology to identify potential problems that could occur and to take proactive steps to lessen or eliminate their effects. However, it should be remembered that risk management is an ongoing process throughout the project lifecycle. It requires a proactive and vigilant approach to ensure that risks are identified and mitigated while looking to turn potential obstacles into opportunities for project success. In this workbook, we focus on tools and techniques project managers use for risk planning and management as well as touch on the people side associated with making ethical project decisions. After completing this workbook, you will be able to: Take a proactive approach to analyzing project risk and planning for it. Discuss industry models of risk management. Identify and prioritize risk factors. Apply risk analysis and management planning concepts to a project. Recognize the importance of making ethical project decisions. 10 Key Concepts to Master Design Agreements to Avoid Risk and Litigation Avoid Risk by Maintaining a Safe Working Environment Differentiate Between Uncertainty and Risk Plan for Project Risk Document Project Risk Conduct Risk Analysis and Planning Audit (RAPA) Part 1 Conduct Risk Analysis and Planning Audit (RAPA) Part 2 Describe Risk and Ethics Spotting Recognize the Value of Ethical Project Decisions Expose Potentially Detrimental Risk and Unethical Behaviors Structured Learning All our workbooks align with our research-based Competency Model. The model, which is rooted in work by the U.S. Department of Labor and others, gives you a framework for structured learning by helping you identify and develop specific competencies. Competencies are sets of skills, knowledge, attitudes, and behaviors that are observable and measurable. Our model has 35 competency dimensions associated with successful performance in leadership and professional roles. Competencies are clustered into five domains that may overlap. Turning Obstacles into Opportunities: Identifying and Mitigating Project Risk workbook focuses on the competency areas of Resource Management, Understanding Systems, and Management Controls. The content is primarily associated with the Resource Management competency cluster or domain. For more information or visit: www.centrestar.com Best of all? You can take any course: Online at your own pace through Centrestar and earn CEUs or PDHs: www.centrestar.com Select workbook materials through Amazon and conduct your own customized inhouse training. Arrange to have any or all sessions instructor led via remote platform for your organization by the Pennsylvania College of Technology: call: 570.327.4775 or email: [email protected]

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